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ORLANDO, FLORIDA / ACCESS Newswire / May 2, 2025 / Unusual Machines, Inc. ("Unusual Machines" or the "Company"), a United States based manufacturer and distributor of drone parts today announced that it has commenced a public offering of Common Stock. The Company intends to use the net proceeds from this proposed offering (the "Offering") to expand its U.S. drone parts manufacturing business and for working capital and general corporate purposes. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed, or as to the actual size or terms of the Offering.
Dominari Securities LLC is acting as the sole placement agent for the Offering
This Offering is being made pursuant to an effective shelf registration statement on Form S-3 (No. 333-286413), declared effective by the U.S. Securities and Exchange Commission (the "SEC") on April 21, 2025. A preliminary prospectus supplement and accompanying shelf prospectus ("Shelf Prospectus") describing the terms of the Offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Electronic copies of the preliminary prospectus supplement (together with the final prospectus supplement for this Offering, the "Prospectus Supplement") and the accompanying shelf prospectus may be obtained, when available, by contacting Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23 Floor, New York, NY 10022, by email at info@dominarisecurities.com, or by telephone at (212) 393-4500.
Before investing in this Offering, interested parties should read, in their entirety, the prospectus supplement and the Shelf Prospectus and the other documents that the Company has filed with the SEC pertaining to the Offering and that are incorporated by reference in the Prospectus Supplement and the Shelf Prospectus, which provide more information about the Company and such Offering.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Unusual Machines
Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. Several of the company's products have been approved for and listed on the Defense Innovation Unit's (DIU) Blue Framework list. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant component supplier to the fast-growing multi-billion-dollar US drone industry and the global defense business. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information visit Unusual Machines at https://www.unusualmachines.com/.