Unusual Machines, Inc. Announces Closing of $48.5 Million Registered Direct Offering of Common Stock
1. UMAC closed a direct offering of 5 million shares at $9.70 each. 2. The offering raised $48.5 million for manufacturing equipment and working capital. 3. UMAC aims to enhance its position in the growing drone market. 4. The global drone accessories market could exceed $115 billion by 2032. 5. UMAC has products listed on the Defense Innovation Unit's Blue Framework.