UNDERWRITING AGREEMENT between DRAGANFLY INC. and Aegis Capital Corp., as Underwriter DRAGANFLY INC. UNDERWRITING AGREEMENTUnderwriting Agreement • March 31st, 2023 • Draganfly Inc. • Aircraft • New York
The undersigned, Draganfly Inc., a corporation formed under the laws of the Province of British Columbia, Canada (collectively with its subsidiaries, including, without limitation, all entities disclosed or described in the Registration Statement (as hereinafter defined) as being subsidiaries of Draganfly Inc., the “Company”), proposes to issue and sell an aggregate of 8,000,000 common shares of the Company, with no par value per share (the “Common Shares”), to Aegis Capital Corp. (the “Underwriter”). The 8,000,000 Common Shares to be sold by the Company to the Underwriter are called the “Firm Shares”. In addition, the Company has granted to the Underwriter an option to purchase up to 1,200,000 additional Common Shares as provided in Section 1.3.1 (the “Over-allotment Option”). Such 1,200,000 additional Common Shares are hereinafter referred to as the “Option Shares.” The Firm Shares and, if and to the extent the Over-allotment Option is exercised, the Option Shares are collectively ca
