Unusual Machines, Inc. Announces Proposed Public Offering
Unusual Machines (UMAC), a US-based drone parts manufacturer and distributor, has announced a public offering of Common Stock. The company plans to use the proceeds to expand its US drone parts manufacturing operations and for working capital and general corporate purposes. Dominari Securities LLC will serve as the sole placement agent for the offering.
The offering is being conducted through an effective shelf registration statement on Form S-3 (No. 333-286413), which was declared effective by the SEC on April 21, 2025. The completion, size, and terms of the offering are subject to market conditions.
Unusual Machines (UMAC), un produttore e distributore statunitense di componenti per droni, ha annunciato un'offerta pubblica di azioni ordinarie. L'azienda intende utilizzare i proventi per espandere le proprie operazioni di produzione di componenti per droni negli Stati Uniti, oltre che per il capitale circolante e scopi aziendali generali. Dominari Securities LLC agirà come unico agente di collocamento per l'offerta.
L'offerta viene effettuata tramite una dichiarazione di registrazione a scaffale efficace, presentata con il Modulo S-3 (n. 333-286413), dichiarata efficace dalla SEC il 21 aprile 2025. Il completamento, la dimensione e le condizioni dell'offerta dipendono dalle condizioni di mercato.
Unusual Machines (UMAC), un fabricante y distribuidor estadounidense de piezas para drones, ha anunciado una oferta pública de acciones comunes. La empresa planea utilizar los ingresos para expandir sus operaciones de fabricación de piezas para drones en EE. UU., así como para capital de trabajo y propósitos corporativos generales. Dominari Securities LLC será el único agente colocador de la oferta.
La oferta se realiza mediante una declaración de registro en estantería efectiva en el Formulario S-3 (No. 333-286413), que fue declarada efectiva por la SEC el 21 de abril de 2025. La finalización, el tamaño y los términos de la oferta están sujetos a las condiciones del mercado.
Unusual Machines (UMAC)는 미국에 본사를 둔 드론 부품 제조 및 유통업체로, 보통주 공개 모집을 발표했습니다. 회사는 조달 자금을 미국 내 드론 부품 제조 사업 확장과 운전자본 및 일반 기업 목적에 사용할 계획입니다. Dominari Securities LLC가 이번 공모의 단독 배정 대행사로 활동합니다.
이번 공모는 2025년 4월 21일 SEC에서 효력을 인정한 Form S-3(번호 333-286413)의 유효한 선반 등록 명세서를 통해 진행됩니다. 공모의 완료 시기, 규모 및 조건은 시장 상황에 따라 달라질 수 있습니다.
Unusual Machines (UMAC), un fabricant et distributeur américain de pièces pour drones, a annoncé une offre publique d'actions ordinaires. La société prévoit d'utiliser les fonds pour étendre ses opérations de fabrication de pièces pour drones aux États-Unis, ainsi que pour le fonds de roulement et des besoins généraux d'entreprise. Dominari Securities LLC agira en tant qu'agent unique pour le placement de cette offre.
L'offre est réalisée via une déclaration d'enregistrement en étagère effective sur le formulaire S-3 (n° 333-286413), qui a été déclarée effective par la SEC le 21 avril 2025. La finalisation, la taille et les conditions de l'offre sont soumises aux conditions du marché.
Unusual Machines (UMAC), ein in den USA ansässiger Hersteller und Vertreiber von Drohnenteilen, hat eine öffentliche Platzierung von Stammaktien angekündigt. Das Unternehmen plant, die Erlöse zur Erweiterung seiner US-amerikanischen Produktion von Drohnenteilen sowie für Betriebskapital und allgemeine Unternehmenszwecke zu verwenden. Dominari Securities LLC wird als alleiniger Platzierungsagent für das Angebot fungieren.
Das Angebot erfolgt im Rahmen einer wirksamen Shelf-Registrierungserklärung auf Formular S-3 (Nr. 333-286413), die von der SEC am 21. April 2025 für wirksam erklärt wurde. Der Abschluss, die Größe und die Bedingungen des Angebots hängen von den Marktbedingungen ab.
- Potential expansion of US drone parts manufacturing operations
- Additional working capital for operations and growth
- Potential dilution of existing shareholders' value
- Uncertainty regarding the offering's completion and final terms
Insights
Unusual Machines launches common stock offering to fund drone manufacturing expansion, with no specified size or pricing terms disclosed.
Unusual Machines' announcement of a public offering of common stock represents a straightforward capital-raising initiative that warrants investor attention. The company has explicitly stated the proceeds will fund expansion of its U.S. drone parts manufacturing operations while also providing additional working capital for general corporate purposes.
Several key aspects of this offering remain undefined in the announcement. The press release provides no details on the offering size, price per share, or specific timing for completion. This lack of specifics is typical at the initial announcement stage but makes it impossible to quantify potential dilution effects for existing shareholders.
The offering is being executed through a shelf registration statement that became effective on April 21, 2025 - approximately two weeks before this announcement. This regulatory mechanism provides the company flexibility to issue securities in portions over time rather than all at once, allowing them to adapt to market conditions.
Notably, the company has engaged Dominari Securities as the sole placement agent rather than employing multiple underwriters, which might suggest something about the offering's intended scale or target investor base.
The press release includes standard cautionary language that 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." This indicates the company maintains flexibility to adjust or even withdraw the offering based on investor reception and market dynamics.
This capital-raising activity aligns with typical financing patterns for companies in growth phases, particularly those in technology-adjacent sectors seeking to expand manufacturing capabilities.
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
Forward-Looking Statements
This press release contains forward-looking statements which involve substantial risks and uncertainties relating to closing the Offering and use of proceeds. Forward-looking statements are often identifiable by the words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "objective," "ongoing," "plan," "predict," "project," "potential," "should," "will," or "would," or the negative of these terms, or other comparable terminology intended to identify statements about the future. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for making each forward-looking statement contained in this press release, the Company cautions that these statements are based on a combination of facts and factors currently known by the Company and its expectations of the future, about which the Company cannot be certain. Forward-looking statements are subject to considerable risks and uncertainties, as well as other factors that may cause the Company's actual results, levels of activity, performance or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks and uncertainties include, without limitation, risks and uncertainties related to whether or not the Company will be able to raise capital through the sale of shares of Common Stock or otherwise; the final terms of the proposed offering; market conditions; satisfaction of customary closing conditions related to the public offering; various risks related to the Company's business operations; and other risks and uncertainties, including those described within the section entitled "Risk Factors" in the Company's 2024 Annual Report, and subsequent Quarterly Reports on Form 10-Q, which risk factors are incorporated in the Shelf Prospectus and Prospectus Supplement by reference and that are included in the Prospectus Supplement. There can be no assurance that the Company will be able to complete the public offering on the anticipated terms, or at all. The Company undertakes no obligation to update the information contained in this press release to reflect subsequently occurring events or circumstances, except as required by law.
Investor Relations Contact:
CS Investor Relations
917-633-8980
investors@unusualmachines.com
SOURCE: Unusual Machines, Inc.
View the original press release on ACCESS Newswire