Draganfly closes US$7,525,000 Skip Dynamix deal

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.

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.

Insights

M&A and capital structure analyst

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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How is the share component of Draganfly’s Skip Dynamix deal structured?

The share component totals US$2,500,000 in Draganfly common shares at a deemed price of US$6.46 per share. These shares are issuable under a special warrant and depend on each founder remaining actively engaged with Draganfly until at least the first anniversary of closing.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 06/18/2026 - 11:22 AM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of June 2026

Commission File Number: 001-40688

DRAGANFLY INC.

(Translation of registrant’s name into English)

235 103^rd St. E.

Saskatoon, Saskatchewan S7N 1Y8

Canada

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

☐ Form 20-F ☒ Form 40-F

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Draganfly Inc.
	(Registrant)
Date: June 18, 2026	By:	/s/ Paul Sun
	Name:	Paul Sun

Form 6-K Exhibit Index

Exhibit Number		Document Description
99.1		Material Change Report of the Registrant dated June 16, 2026.

Exhibit 99.1

FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

Draganfly Inc. (“Draganfly” or the “Company”)

235 103rd St. E.

Saskatoon, Saskatchewan S7N 1Y8

Item 2 Date of Material Change

June 9, 2026

Item 3 News Release

News release disclosing the material change was disseminated through the GlobeNewswire on June 11, 2026, and filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.

Item 4 Summary of Material Change

On June 11, 2026, the Company announced closing of its previously announced acquisition of Skip Dynamix Corporation (“Skip Dynamix”), currently known as Pwise, Inc., as described in the Company’s news release dated May 18, 2026 (the “Transaction”). The aggregate purchase price for the Transaction was up to US$7,525,000.

Item 5 Full Description of Material Change

5.1 Full Description of Material Change

On June 11, 2026, the Company announced closing of the Transaction. The aggregate purchase price for the Transaction was up to US$7,525,000, consisting of:

	●	a cash payment of US$2,525,000 paid at closing;
	●	US$2,500,000 in Draganfly common shares (“Draganfly Shares”) at a deemed price of US$6.46 per share, issuable pursuant to a special warrant, subject to each founder remaining actively engaged with Draganfly until at least the first anniversary of closing; and
	●	up to US$2,500,000 in earn-out consideration, payable in cash or up to 80% in Draganfly Shares (at Draganfly’s discretion) at a deemed price of US$6.46 per share, subject to achievement of certain business milestones.

5.2 Disclosure for Restructuring Transactions

Not applicable.

Item 6 Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7 Omitted Information

Not applicable.

- 2 -

Item 8 Executive Officer

Paul Sun, Chief Financial Officer

Tel: 1.800.979.9794

Item 9 Date of Report

June 16, 2026

Forward-Looking Statements

This material change report contains certain “forward-looking statements” and certain “forward-looking information” as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements and information include, but are not limited to, statements with respect to Draganfly’s integration plans with respect to Skip Dynamix’s products, the size of the drone market, the ability of the Company to complete sales of its products to defense organizations, expected benefits of the Transaction, expected additional revenues, expected growth, revenue synergies, strategic goals, results of operations, performance, industry trends and growth opportunities. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company’s actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out herein, including but not limited to: the expected benefits of the Transaction and additional revenues may not materialize; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses; currency fluctuations; regulatory restrictions; liability; competition; loss of key employees; and other related risks and uncertainties. For more information on the risks, uncertainties and assumptions that could cause anticipated opportunities and actual results to differ materially, please refer to the public filings of Draganfly which are available on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission on EDGAR at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed, and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 20.1 KB