AgEagle amends Series G preferred purchase agreement: removes 31-day waiting period, adds minimum $2M per purchase

AgEagle Aerial Systems Inc.

Amendment removes 31-trading-day waiting period between additional Series G preferred share purchases; purchases now allowed at any time.
Each additional purchase must be at least $2,000,000 in stated value, with up to $88M aggregate additional capacity.
Conversion price on each issuance resets to lower of current price or 25% of NYSE American Minimum Price; $1.00 floor (waivable).
Amendment approved by investors Alpha Capital and SEG Opportunity Fund, holding >67% of Series G.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

AgEagle Aerial Systems Inc. amended Amendment to Securities Purchase Agreement with the Purchasers (effective 2026-02-06).

Action: amendment
Agreement: equity purchase
Counterparty: the Purchasers
Effective: 2026-02-06

Exact text from the filing

On February 6, 2026, the Company and the Purchasers, entered into that certain Amendment to Securities Purchase Agreement, pursuant to which, the Purchase Agreement was amended to, among other things, change the time when the Purchasers may elect to purchase Additional Preferred Shares (as defined in the Purchase Agreement) from every thirty-one trading days to any time, provided that each such purchase shall be in a minimum amount of $2,000,000.

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Source: SEC EDGAR

accession 0001493152-26-005610

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