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AgEagle Aerial Systems Inc. (NYSE American:UAVS), a manufacturer specializing in aircraft currently trading at $1.19 per share, has disclosed the sale of unregistered equity securities in a recent filing with the Securities and Exchange Commission (SEC). According to InvestingPro analysis, the company appears undervalued despite maintaining impressive gross profit margins of 49.2% in the last twelve months. However, investors should note that the company is rapidly burning through cash, a crucial factor considering its current market capitalization of $16.57 million. On June 6, 2025, the company entered into an agreement with Alpha Capital Anstalt, wherein Alpha exercised its right to purchase additional equity.
Alpha Capital Anstalt has agreed to buy 500 shares of Series F Convertible Preferred Stock, which can be converted into 418,831 shares of common stock at a price of $1.1938 per share. Additionally, Alpha obtained warrants to purchase up to 418,831 shares of common stock at the same price per share. The total purchase price for this transaction is $500,000. The warrants are immediately exercisable and will be valid for three years.
Following this, on June 9, 2025, Alpha exercised further rights to purchase 1,000 shares of Series F Preferred Stock, convertible into 838,864 shares of common stock, also at a conversion price of $1.1928 per share. Warrants were also issued to purchase up to 838,864 shares of common stock at the exercise price of $1.1928 per share, amounting to a purchase price of $1,000,000.
These transactions are part of a larger agreement that allows Alpha to purchase up to $25,000,000 of the Series F Preferred Stock and accompanying warrants. The purchase price is based on the volume-weighted average prices of AgEagle’s common stock for three trading days prior to the date Alpha notifies the company of its intention to exercise the purchase rights.
The issuance of the Series F Preferred Stock and warrants is being carried out under the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and Rule 506 promulgated thereunder. This exemption allows for the sale of securities without registration provided the sale is made to accredited investors and does not involve a public offering.
The recent SEC filing confirms these unregistered sales, providing investors and the market with the latest financial developments of AgEagle Aerial Systems Inc. The company’s stock has shown significant volatility, with a beta of 3.21 and a dramatic 96% decline over the past year. InvestingPro subscribers have access to 14 additional key insights about UAVS, including detailed financial health metrics and growth indicators that could be crucial for investment decisions. The company’s next earnings report is expected on August 14, 2025, which could provide more clarity on its financial trajectory.
In other recent news, AgEagle Aerial Systems Inc. has been actively involved in several significant developments. The company announced the sale of two eBee VISION drones to the Government of Paraguay, marking an expansion into the Latin American market. This sale reflects the growing trust in AgEagle’s technology for government operations. Furthermore, AgEagle has formed a strategic alliance with Vyom Drones in India to manufacture and distribute eBee X drones, aiming to tap into the agricultural and surveying sectors. This partnership is expected to leverage local production capabilities and market knowledge.
AgEagle has also partnered with Ascent AeroSystems to integrate its RedEdge-P multispectral camera with Ascent’s Spirit UAV, enhancing agricultural drone capabilities. In another transaction, AgEagle sold 20 RedEdge-P cameras to Wingtra, which will be used in Wingtra’s VTOL drones for precision agriculture and geospatial applications. Additionally, AgEagle participated in a White House policy discussion on the proposed FAA Rule Part 108, which could impact drone operations in the U.S. These recent activities highlight AgEagle’s strategic efforts to expand its global reach and influence in the unmanned aerial systems market.
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