Unusual Machines prices 8M shares at $5.00 in public offering

Unusual Machines (UMAC) announced the pricing of its confidentially market public offering of 8,000,000 shares of common stock at a public offering price of $5.00 per share. The Company expects to receive aggregate gross proceeds of $40M from the Offering, before deducting placement agent fees and other related expenses. The Offering is expected to close on or about May 6, 2025, subject to the satisfaction of customary closing conditions. The Company intends to use net proceeds from the Offering to accelerate the completion of its Orlando, Florida drone motor facility and well as for general corporate purposes, including working capital. Dominari Securities is acting as the exclusive placement agent for the Offering.