Unusual Machines Announces Pricing of Approximately $150 Million Public Offering of Common Stock

About this update from Unusual Machines, Inc.

[{"type":"text","content":"ORLANDO, FL / ACCESS Newswire / March 20, 2026 / Unusual Machines, Inc. (NYSE American:UMAC), (the "Company", or "Unusual Machines"), a United States-based manufacturer and distributor of drone parts, today announced it has priced a public offering for the sale of 8,823,529 shares of its common stock in a public offering (the "Offering") at a price of $17.00 per share. Participation in this offering includes a strategic investment from Ondas Inc. (Nasdaq:ONDS) along with fundamental institutional investors.","length":542,"tagName":"p"},{"type":"text","content":"Dominari Securities LLC and JonesTrading Institutional Services LLC are acting as co-placement agents for the Offering.","length":119,"tagName":"p"},{"type":"text","content":"The closing of the Offering is expected to occur on or about March 23, 2026, subject to the satisfaction of customary closing conditions.The Company expects to receive aggregate gross proceeds of approximately $150.0 million from the Offering, before deducting placement agent fees and other related expenses. The Company intends to use the net proceeds from the Offering to acquire additional inventory, for working capital needs, and for general corporate purposes.","length":467,"tagName":"p"},{"type":"text","content":"The common stock will be issued in a public offering pursuant to an effective shelf registration statement on Form S-3 (File No. 333-286413), previously filed with the U.S. Securities and Exchange Commission (the "SEC") and declared effective on April 21, 2025. A preliminary prospectus supplement and the accompanying base prospectus relating to the public offering has been filed with the SEC and is available at www.sec.gov. A final prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the SEC and will be available on its website at www.sec.gov. The offering will be made only by means of the prospectus supplement and the accompanying base prospectus. Copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus relating to the offering may also be obtained, when available, from the offices of Dominari Securities LLC, Attention: Syndicate Department, 725 5th Ave 23rd Floor, New York, NY 10022, by email at [email protected], or by telephone...

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