Citadel discloses 1.0% Draganfly stake in Schedule 13G/A filing (DPRO)

Rhea-AI Filing Summary

Draganfly Inc. is the subject of an Amendment No. 2 to a Schedule 13G/A filed by several Citadel-related entities and Kenneth Griffin, reporting passive ownership of the company’s common shares. Based on 36,495,939 Shares outstanding as of March 31, 2026, Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may each be deemed to beneficially own 64,777 Shares, or 0.2% of the class. Citadel Securities LLC may be deemed to beneficially own 294,303 Shares, or 0.8%, and each of Citadel Securities Group LP and Citadel Securities GP LLC may also be deemed to beneficially own 294,303 Shares, or 0.8%. Kenneth Griffin may be deemed to beneficially own 359,080 Shares, or 1.0% of the outstanding Shares, with no sole voting or dispositive power and all such powers reported as shared. The filing confirms that these holdings represent ownership of 5 percent or less of Draganfly’s common shares.

Key Figures

Shares outstanding: 36,495,939 Shares Kenneth Griffin beneficial ownership: 359,080 Shares (1.0%) Citadel Securities LLC holdings: 294,303 Shares (0.8%) +3 more

6 metrics

Shares outstanding 36,495,939 Shares Shares outstanding as of March 31, 2026, used for ownership percentages

Kenneth Griffin beneficial ownership 359,080 Shares (1.0%) Beneficial ownership of Draganfly common shares reported in Schedule 13G/A

Citadel Securities LLC holdings 294,303 Shares (0.8%) Beneficial ownership of Draganfly common shares by Citadel Securities LLC

Citadel Advisors entities holdings 64,777 Shares (0.2%) Beneficial ownership per Citadel Advisors LLC, Citadel Advisors Holdings LP, Citadel GP LLC

Shared voting power (Kenneth Griffin) 359,080 Shares Number of Shares over which Kenneth Griffin has shared voting power

Shared voting power (Citadel Securities LLC) 294,303 Shares Number of Shares over which Citadel Securities LLC has shared voting power

Key Terms

beneficially own, shared voting power, shared dispositive power, Schedule 13G/A, +1 more

5 terms

beneficially own financial

"may be deemed to beneficially own 64,777 Shares"

Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.

shared voting power financial

"Shared Voting Power 359,080.00"

Shared voting power occurs when two or more parties jointly have the right to vote or decide how a block of company shares is cast, like co-owners who must agree before moving a piece of furniture. Investors care because who controls voting rights affects board elections, major corporate decisions and takeover outcomes, and shared control can alter regulatory disclosures and the practical influence any holder has over a company’s direction and value.

shared dispositive power financial

"Shared Dispositive Power 294,303.00"

Schedule 13G/A regulatory

"Amendment No. 2 to a Schedule 13G/A filed"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

attorney-in-fact regulatory

"Seth Levy is signing on behalf of Kenneth Griffin as attorney-in-fact"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What stake in Draganfly Inc. (DPRO) does Kenneth Griffin report in this 13G/A?

Kenneth Griffin may be deemed to beneficially own 359,080 Draganfly Shares, representing 1.0% of the outstanding common shares, based on 36,495,939 Shares outstanding as of March 31, 2026, with only shared voting and dispositive power reported.

How many Draganfly (DPRO) shares are reported as outstanding in this filing?

The filing states there were 36,495,939 Draganfly Shares outstanding as of March 31, 2026, citing an exhibit to the issuer’s Form 6-K filed on May 11, 2026, which is used to calculate the reported ownership percentages.

What is Citadel Securities LLC’s reported ownership in Draganfly Inc. (DPRO)?

Citadel Securities LLC may be deemed to beneficially own 294,303 Draganfly Shares, representing 0.8% of the outstanding common shares. It reports 0 sole voting or dispositive power and 294,303 shared voting and shared dispositive power over these Shares.

Do the Citadel entities and Kenneth Griffin exceed 5% ownership of Draganfly (DPRO)?

No, the reporting persons state they collectively hold 5 percent or less of Draganfly’s common shares. Individual reported percentages include 0.2%, 0.8%, and 1.0% stakes, all calculated against 36,495,939 Shares outstanding as of March 31, 2026.

Which Citadel entities are included in this Draganfly (DPRO) Schedule 13G/A amendment?

The reporting persons are Citadel Advisors LLC, Citadel Advisors Holdings LP, Citadel GP LLC, Citadel Securities LLC, Citadel Securities Group LP, Citadel Securities GP LLC, and Kenneth Griffin, all reporting beneficial ownership of Draganfly Shares with shared, not sole, voting and dispositive powers.

Where are the reporting persons in the Draganfly (DPRO) 13G/A based?

Each reporting person lists its principal business address as 830 Brickell Plaza, Miami, Florida 33131. The Citadel entities are organized under Delaware law, and Kenneth Griffin is identified as a U.S. citizen in the ownership disclosure.

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Available on EDGAR 08/14/2026 - 04:27 PM Accepted by SEC EDGAR 08/14/2026 - 04:03 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

DRAGANFLY INC.

(Name of Issuer)

Common shares, no par value (the "Shares")

(Title of Class of Securities)

26142Q304

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel Advisors LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 64,777.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 64,777.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

64,777.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

IA, HC, OO

Comment for Type of Reporting Person: The percentages reported in this Schedule 13G are based upon 36,495,939 Shares outstanding as of March 31, 2026 (according to Exhibit 99.1 to the issuer's Form 6-K as filed with the Securities and Exchange Commission on May 11, 2026).

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel Advisors Holdings LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 64,777.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 64,777.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

64,777.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

HC, PN

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 64,777.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 64,777.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

64,777.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.2 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel Securities LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 294,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 294,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

294,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

BD, OO

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel Securities Group LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 294,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 294,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

294,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

HC, PN

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Citadel Securities GP LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 294,303.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 294,303.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

294,303.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.8 %

12

Type of Reporting Person (See Instructions)

HC, OO

SCHEDULE 13G

CUSIP Number(s): 26142Q304

1

Names of Reporting Persons

Kenneth Griffin

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 359,080.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 359,080.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

359,080.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.0 %

12

Type of Reporting Person (See Instructions)

HC, IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: DRAGANFLY INC.
(b)	Address of issuer's principal executive offices: 235 103rd St. E., Saskatoon, Saskatchewan, Canada S7N 1Y8
Item 2.
(a)	Name of person filing: This Schedule 13G is being jointly filed by Citadel Advisors LLC ("Citadel Advisors"), Citadel Advisors Holdings LP ("CAH"), Citadel GP LLC ("CGP"), Citadel Securities LLC ("Citadel Securities"), Citadel Securities Group LP ("CALC4"), Citadel Securities GP LLC ("CSGP") and Mr. Kenneth Griffin (collectively with Citadel Advisors, CAH, CGP, Citadel Securities, CALC4 and CSGP, the "Reporting Persons") with respect to the Shares of the above-named issuer held of record by Citadel Multi-Strategy Equities (Ireland) Designated Activity Company, an Ireland company ("CMSI"), and Citadel Securities. Such Shares may include other instruments exercisable for or convertible into Shares. Citadel Advisors is the portfolio manager for CMSI. CAH is the sole member of Citadel Advisors. CGP is the general partner of CAH. CALC4 is the non-member manager of Citadel Securities. CSGP is the general partner of CALC4. Mr. Griffin is the President and Chief Executive Officer of CGP, and owns a controlling interest in CGP and CSGP.
(b)	Address or principal business office or, if none, residence: The address of each of the Reporting Persons is 830 Brickell Plaza, Miami, Florida 33131.
(c)	Citizenship: Each of Citadel Advisors, CGP, Citadel Securities and CSGP is organized as a limited liability company under the laws of the State of Delaware. Each of CALC4 and CAH is organized as a limited partnership under the laws of the State of Delaware. Mr. Griffin is a U.S. citizen.
(d)	Title of class of securities: Common shares, no par value (the "Shares")
(e)	CUSIP No.: 26142Q304
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own 64,777 Shares. 2. Citadel Securities LLC may be deemed to beneficially own 294,303 Shares. 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own 294,303 Shares. 4. Mr. Griffin may be deemed to beneficially own 359,080 Shares.
(b)	Percent of class: 1. The number of Shares that each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC may be deemed to beneficially own constitutes 0.2% of the Shares outstanding. 2. The number of Shares that Citadel Securities LLC may be deemed to beneficially own constitutes 0.8% of the Shares outstanding. 3. The number of Shares that each of Citadel Securities Group LP and Citadel Securities GP LLC may be deemed to beneficially own constitutes 0.8% of the Shares outstanding. 4. The number of Shares that Mr. Griffin may be deemed to beneficially own constitutes 1.0% of the Shares outstanding.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 0 2. Citadel Securities LLC: 0 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 0 4. Mr. Griffin: 0
	(ii) Shared power to vote or to direct the vote: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 64,777 2. Citadel Securities LLC: 294,303 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 294,303 4. Mr. Griffin: 359,080
	(iii) Sole power to dispose or to direct the disposition of: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 0 2. Citadel Securities LLC: 0 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 0 4. Mr. Griffin: 0
	(iv) Shared power to dispose or to direct the disposition of: 1. Each of Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC: 64,777 2. Citadel Securities LLC: 294,303 3. Each of Citadel Securities Group LP and Citadel Securities GP LLC: 294,303 4. Mr. Griffin: 359,080
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Citadel Advisors LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Citadel Advisors Holdings LP

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Citadel GP LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Citadel Securities LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Citadel Securities Group LP

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Citadel Securities GP LLC

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, Authorized Signatory
Date:	08/14/2026

Kenneth Griffin

Signature:	/s/ Seth Levy
Name/Title:	Seth Levy, attorney-in-fact*
Date:	08/14/2026

Comments accompanying signature: * Seth Levy is signing on behalf of Kenneth Griffin as attorney-in-fact pursuant to a power of attorney previously filed with the Securities and Exchange Commission, and hereby incorporated by reference herein. The power of attorney was filed as an attachment to a filing by Citadel Advisors LLC on Schedule 13G for Allakos Inc. on October 13, 2023.