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Draganfly Inc. filed a Form 6-K as a foreign private issuer to provide U.S. investors with Canadian disclosure documents previously filed on SEDAR+. The report mainly furnishes a management information circular for the annual general and special meeting held on June 17, 2025, and several material change reports dated between April 7 and July 23, 2025.
CVI Investments, Inc. and Heights Capital Management, Inc. filed an amended Schedule 13G reporting beneficial ownership of 1,248,000 shares of Draganfly Inc. (DPRO), equal to 8.2% of the 13,967,978 shares outstanding cited as of June 30, 2025. The reported position consists of warrants convertible into common shares.
The filing notes that portions of the warrants are not exercisable to the extent conversion would cause ownership to exceed 4.99% or 9.99%. Heights Capital, as investment manager to CVI, may be deemed to exercise shared voting and dispositive power over the shares held by CVI; both Reporting Persons disclaim beneficial ownership except for pecuniary interest. The filing includes a certification that the securities were not acquired to influence control.