SCHEDULE 13G/A: Armistice Capital and Steven Boyd Disclose 4.99% Stake in Draganfly Inc.
Beneficial Ownership Disclosure
Armistice Capital, LLC and Steven Boyd have filed an amended Schedule 13G, disclosing a beneficial ownership of 4.99% of Draganfly Inc.'s common stock as of March 31, 2025.
Summary
- Armistice Capital, LLC and Steven Boyd (collectively, the "Reporting Persons") have filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Draganfly Inc.
- The filing indicates that the Reporting Persons beneficially own an aggregate of 285,072 shares of Draganfly Inc.'s Common Stock, par value $0.004 per share.
- This ownership represents 4.99% of the total outstanding class of securities.
- The Reporting Persons hold shared voting power and shared dispositive power over all 285,072 shares.
- Armistice Capital, LLC is a Delaware-organized investment adviser, and Steven Boyd is a U.S. citizen.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Draganfly Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no direct positive or negative operational or financial information about the issuer.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of beneficial ownership by an investment firm and its principal, indicating a passive investment stake in Draganfly Inc. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders are informed of a significant passive ownership stake held by Armistice Capital, LLC and Steven Boyd.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of event which requires the filing of this statement |
| 05/15/2025 | Date of filing of this statement |
Keywords
Draganfly Inc., Armistice Capital, Steven Boyd, Schedule 13G, beneficial ownership, common stock, SEC filing, investment
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