Swarmer Prices 3M Shares at $5.00 Each
Swarmer, a drone autonomy software company supporting operations in Ukraine, priced 3M shares at $5.00 per share. Swarmer intends to use net proceeds from this offering for funding of ongoing operations, including expansion of capabilities and its product offering, hiring employees, integration with the hardware of drone manufacturers, and for working capital and other general corporate purposes. Lucid Capital acted as sole book running manager for the offering.