other material
confidence high
sentiment neutral
materiality 0.65
Safe Pro Group raises $14M in direct offering of 2M shares at $7.00
Safe Pro Group Inc.
- Gross proceeds of ~$14M from sale of 2,000,000 shares of common stock at $7.00 each.
- Net proceeds to fund working capital and general corporate purposes.
- Company to file resale registration statement within 15 business days of closing (Oct 21).
- 90-day lock-up on further equity sales; after registration effective 30 days, sales allowed only at ≥$6.00/share.