Draganfly (NASDAQ: DPRO) closes up to US$7,525,000 Skip Dynamix acquisition
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
Draganfly Inc. has closed its previously announced acquisition of Skip Dynamix Corporation, now known as Pwise, Inc. The aggregate purchase price for the transaction is up to US$7,525,000.
The consideration includes US$2,525,000 in cash at closing, US$2,500,000 in Draganfly common shares at a deemed price of US$6.46 per share tied to founder retention, and up to US$2,500,000 in earn-out consideration in cash or Draganfly shares based on future business milestones.
Positive
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Negative
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Insights
Draganfly completes a small, structured acquisition with cash, shares, and performance-based earn-outs.
The company closed the acquisition of Skip Dynamix (Pwise, Inc.) for total consideration of up to US$7,525,000. The structure blends an upfront cash payment of US$2,525,000 with equity and contingent payments, limiting immediate cash outlay.
Draganfly will issue US$2,500,000 in common shares at a deemed price of US$6.46 per share, contingent on founders remaining engaged for at least one year, plus up to US$2,500,000 in earn-out consideration tied to business milestones. This shifts part of the purchase price to future performance and aligns incentives, while leaving actual dilution and cash impact dependent on milestone achievement and the mix of cash versus shares chosen.
Key Figures
Total purchase price: US$7,525,000
Cash at closing: US$2,525,000
Share consideration: US$2,500,000 in Draganfly shares
+3 more
6 metrics
Total purchase price
US$7,525,000
Aggregate consideration for Skip Dynamix acquisition
Cash at closing
US$2,525,000
Immediate cash payment for the transaction
Share consideration
US$2,500,000 in Draganfly shares
Common shares at deemed price of US$6.46 per share
Earn-out potential
Up to US$2,500,000
Contingent on business milestones, in cash or shares
Deemed share price
US$6.46 per share
Pricing for share consideration and earn-out shares
Founder engagement condition
At least 1 year
Founders must remain engaged to receive share consideration
Key Terms
Material Change Report, earn-out consideration, forward-looking statements, deemed price
4 terms
Material Change Report regulatory
"FORM 51-102F3 MATERIAL CHANGE REPORT Draganfly Inc."
A material change report is a public notice that a company must file and share whenever new information or an event is significant enough to likely influence an investor’s decision. Think of it like an urgent update board that tells shareholders about big shifts—such as major deals, leadership changes, sudden losses, or legal issues—so investors can reassess risk and value with the same facts everyone else has.
earn-out consideration financial
"up to US$2,500,000 in earn-out consideration, payable in cash or up to 80% in Draganfly Shares"
Earn-out consideration is money a buyer agrees to pay a seller after a takeover only if the acquired business meets specific future targets, such as revenue, profit, or product milestones. Think of it like a performance bonus that shifts some purchase price into the future; it matters to investors because it changes how much risk and potential value they should assign to a deal and can affect future cash flows, reported earnings, and ownership incentives.
forward-looking statements regulatory
"This material change report contains certain “forward-looking statements” and certain “forward-looking information”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
deemed price financial
"Draganfly common shares at a deemed price of US$6.46 per share"
A deemed price is a notional value assigned to a security or asset when no clear market price exists, used for accounting, tax or corporate-action calculations. Think of it like agreeing on a sticker price for a homemade item when you trade it — the number doesn’t reflect a real market sale but establishes a common reference for calculating taxes, gains, share allocations, or conversion rates. Investors care because that assigned price determines reported gains or losses, how ownership stakes are adjusted, and the cash or share amounts they receive.
FAQ
What transaction did Draganfly (DPRO) announce in this 6-K?
Draganfly announced it has closed the acquisition of Skip Dynamix Corporation, now known as Pwise, Inc. The deal is described as a completed transaction and is detailed in a material change report dated June 9, 2026, with closing announced on June 11, 2026.
What is the total purchase price for Draganfly’s acquisition of Skip Dynamix?
The aggregate purchase price is up to US$7,525,000. This total includes a cash component paid at closing, an equity component in Draganfly common shares at a deemed price of US$6.46 per share, and additional potential earn-out consideration based on future business milestones.
How much cash is Draganfly paying at closing for Skip Dynamix?
Draganfly is paying US$2,525,000 in cash at closing. This upfront payment represents the immediate cash portion of the total consideration, with the remainder payable in Draganfly common shares and potential earn-out payments contingent on post-closing performance conditions.
What are the earn-out terms in Draganfly’s acquisition of Skip Dynamix?
The deal includes up to US$2,500,000 in earn-out consideration. This can be paid in cash or up to 80% in Draganfly common shares, at a deemed price of US$6.46 per share, and is conditional on achieving specified business milestones after closing.
What forward-looking expectations does Draganfly mention regarding the Skip Dynamix acquisition?
Draganfly’s forward-looking statements reference integration plans for Skip Dynamix’s products, expected benefits from the transaction, potential additional revenues, revenue synergies, growth opportunities, and sales to defense organizations, while emphasizing these expectations are subject to various business, economic, competitive, and regulatory risks and uncertainties.