---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-039093"
form_type: "8-K"
ticker: "UAVS"
cik: "0000008504"
company_name: "AgEagle Aerial Systems Inc."
filed_at: "2024-10-02T23:59:59+00:00"
generated_at: "2026-05-30T22:54:30.809667+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AgEagle closes $6.5M public offering; restructures $4.85M convertible note with Alpha Capital

## Summary
- Offered 26.9M units at $0.24/unit; gross proceeds $6.5M before fees; placement agent fee 8%.
- Units consist of common stock (or pre-funded warrant) + Series A warrant ($0.24 strike) + Series B warrant ($0.50 strike).
- Alpha Capital purchased $3M of units; proceeds applied to repay part of its $4.85M convertible note.
- Remaining $2M note principal to be paid in six monthly installments starting Oct 15, 2024.
- Company issued Alpha 1,500 shares of Series F 5% Convertible Preferred Stock ($1.5M stated value) as consent consideration.

## SEC filing metadata
- accession: 0001493152-24-039093
- form_type: 8-K
- ticker: UAVS
- cik: 0000008504
- company_name: AgEagle Aerial Systems Inc.
- filed_at: 2024-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8504/000149315224039093/0001493152-24-039093-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8504/000149315224039093/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-039093
- JSON: https://secwatch.observer/filing/0001493152-24-039093.json
- Plain text: https://secwatch.observer/filing/0001493152-24-039093.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.