Draganfly Inc. receives board approval for share consolidation on Sept 3, 2024, aiming to comply with Nasdaq listing requirements.

Draganfly Inc., a drone solutions and systems developer, has received board approval for a share consolidation, set for September 3, 2024. The consolidation, which replaces 25 pre-consolidated common shares with one post-consolidated common share, aims to ensure Nasdaq listing requirements compliance. The move is expected to reduce the total number of common shares from 87,166,435 to 3,486,658.