Ageagle Aerial Systems: As Disclosed On The Form 8k Filed With The Securities And Exchange Commission (the Commission ) On June 6, 2023 By Ageagle Aerial Systems Inc. (the Company ), The Company Entered Into A Securities Purchase Agreement (the Purchase Agreement ) With Certain Accredited And Institutional Investors (the Investors ) On June 5, 2023 Pursuant To Which The Company Has Agreed To Issue And Sell To Investors (i) 16,720,000 Shares Of Common Stock (the Offering Shares ) At $0.25 Per Share And (ii) Warrants To Purchase Up To 25,080,000 Shares Of Common Stock (the Warrants ), Exercisable At $0.38 Per Share (the Offering ). The Offering Shares Will Be Issued Pursuant To A Prospectus Supplement To Be Filed With The Commission On Or Before June 7, 2023 And The Prospectus Included In The Company S Registration Statement On Form S3 (registration No. 333252801), Which Was Filed With The Commission On April 23, 2021 And Was Declared Effective On May 6, 2021. The Warrants Are Being Issued In A Concurrent Private Placement Under Section 4(a)(2) Of The Securities Act Of 1933, As Amended (the Securities Act ) And Have Not Been Registered Under The Securities Act, Or Applicable State Securities Laws. The Company Is Filing With This Current Report An Opinion Of Counsel In Connection With The Offering, Financial Statements And Exhibits

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• Full name
  Ageagle Aerial Systems Inc
• Registration country
  USA
• Industry
  Aircraft Production and Defense
• М/S&P/F
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