AgEagle raises $12M in registered direct offering of Series G convertible preferred; potential up to $100M

AgEagle Aerial Systems Inc.

Initial closing on Nov 10: sold 12,000 Series G shares at $1,000 stated value, gross proceeds $12M.
Additional 88,000 shares (up to $88M) may be sold at buyer's discretion subject to stockholder approval.
Series G convertible into common at $1.23/share; no voting rights, dividends as declared by board.
Stockholder meeting required within 75 days of initial closing to approve issuance of conversion shares exceeding 19.99% of outstanding common.
Proceeds from the offering will support working capital and general corporate purposes.

item 1.01 item 5.03 item 3.03 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

AgEagle Aerial Systems Inc.: Filed Certificate of Designation for Series G Preferred Stock, effective upon filing (effective 2025-11-07).

Change: charter amendment
Effective: 2025-11-07

Exact text from the filing

On November 7, 2025, the Company filed the Certificate of Designation with the Secretary of State of the State of Nevada in connection with the Purchase Agreement referenced in Item 1.01 above, which became effective upon filing.

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276 governance changes filed in the last 30 days. Browse all governance changes →

AgEagle Aerial Systems Inc. filing history →

Source: SEC EDGAR

accession 0001493152-25-021557

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