{"id":414162,"date":"2021-01-13T09:18:03","date_gmt":"2021-01-13T14:18:03","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=414162"},"modified":"2021-01-13T09:18:03","modified_gmt":"2021-01-13T14:18:03","slug":"draganfly-begins-process-to-list-on-nasdaq","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/","title":{"rendered":"Draganfly Begins Process to List on NASDAQ"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Los Angeles, CA., Jan.  13, 2021  (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading manufacturer and systems developer, today announced that the Company has started the process of preparing for a listing of its common shares on the NASDAQ Capital Market (\u201cNASDAQ\u201d).<\/p>\n<p align=\"justify\">The Company has engaged a New York based investment bank to begin the NASDAQ listing process. The NASDAQ is a mark of achievement and stature for qualified companies. Listed \u200ecompanies must meet financial and liquidity requirements and satisfy corporate governance and \u200edisclosure requirements on both an initial and continuing basis.\u200e<\/p>\n<p align=\"justify\">The listing of the Company&#8217;s common shares on the NASDAQ is subject to the approval of the NASDAQ and the ability of the Company to satisfy all applicable listing and regulatory requirements. While the Company intends to satisfy all of the applicable listing criteria, there is no assurance that the NASDAQ will approve the Company\u2019s application or that the Company will complete the listing as proposed.<\/p>\n<p align=\"justify\">Draganfly management believes up-listing to NASDAQ will:<\/p>\n<ul type=\"disc\">\n<li>Provide additional opportunities to attract institutional and retail investors, allowing the Company to broaden its investor base in the United States and internationally.<\/li>\n<li>Increase the visibility of the Company, its growth strategy, accomplishments and results to date.<\/li>\n<li>Embark on an aggressive M&amp;A strategy.<\/li>\n<li>Increase liquidity of the Company\u2019s common shares; and<\/li>\n<li>Raise the Company\u2019s overall profile and ultimately enhance shareholder value.<\/li>\n<\/ul>\n<p align=\"justify\">&#8220;Today\u2019s announcement is a significant milestone in our efforts to build Draganfly into an industry-leading manufacturer and systems developer,\u201d said Cameron Chell, CEO of Draganfly. &#8220;In addition to increasing our visibility in the marketplace, the up-listing should improve the liquidity of our stock, broaden our institutional shareholder base and augment long-term shareholder value.\u201d<\/p>\n<p align=\"justify\">Draganfly had significant growth in 2020 in regard to its customer acquisitions, partnerships, product development and the growth of the Company\u2019s sales pipeline. Here are some highlights from the past twelve months:<\/p>\n<ul type=\"disc\">\n<li style=\"text-align:justify\">Launched the Vital Intelligence Smart Vital COVID-19 assessment platform that can automatically detect elevated body temperature and, with voluntary consent, heart rate, respiratory rate and O2 saturation, all from a camera that takes seconds to capture the information.<\/li>\n<li>Launched a telehealth app for third party developers to integrate the Smart Vital technology with their own apps and devices.<\/li>\n<li>Achieved 200%+ year-over-year revenue growth with 50% quarter-over-quarter revenue growth in the third quarter<sup>(1)<\/sup>;<\/li>\n<li style=\"text-align:justify\">Launched two additional flight services divisions in the mining and facility management industries (which includes providing the delivery via Draganfly\u2019s patented drone technologies of the Varigard pathogen and virus surface sanitizer);<\/li>\n<li>Exclusive worldwide distributor of Aerovironment\u2019s (NASDAQ: AVAV) Quantix Mapper RPAS;<\/li>\n<li style=\"text-align:justify\">Selected by Coldchain Technology Services, LLC to immediately develop and provide flight services of a robust vaccine delivery payload for use in critical regions for drone delivery of the COVID-19 vaccine; and<\/li>\n<li>Awarded new patent for a vertical take-off and landing (VTOL) cargo delivery drone with variable center of gravity.<\/li>\n<\/ul>\n<p align=\"justify\">Note 1: \u200eAll financial information in this press release is prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. Please refer to the Company\u2018s consolidated interim statements for the nine-month period ended September 30, 2020 and associated management discussion and analysis filed under the Company\u2018s profile on SEDAR at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9n6SJWqSGZ5U_eJjSUO6EXxahAt6PtCtCFaJBczhSMqkzQ6PUpcs-BJ32Z5fXG74a2aHageJd3h6VLL3saFXEQ==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.sedar.com<\/u><\/a> on November 24, 2020,<\/p>\n<p>\n        <strong>About Draganfly<\/strong>\n      <\/p>\n<p align=\"justify\">Draganfly Inc. (CSE: DFLY; OTCQB: DFLYF; FSE: 3U8) is the creator of quality, cutting-edge and software and systems that revolutionize the way organizations can do business and service their stakeholders. Recognized as being at the forefront of technology for over 22\u00a0years, Draganfly is an award-winning, industry-leading manufacturer and technology developer serving the public safety, agriculture, industrial inspections, security, and mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money, and lives.<\/p>\n<p>For more information on Draganfly, please visit us at\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9Y3aPeKL70le7CF3uCjt-mfyEIZ6RAsnUp8gKOns9a5TPyfxXCjm5fLtAWBKZcgpHf-wvi9g1QccUjdULpOpDg==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.draganfly.com<\/a><\/u>.<br \/> For additional investor information, visit <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xZz5D8_o4368Upahzqh08v-qZvoMD7Fq9x4i0cvpJtPdKdwk4CcFyONT1tDmEISN9xLKlzRhqg2iJkbWbThMuozf2U-19CECBmzMwY0JgZYYaei9BUgzHVR-KsRJdL9FUKE3dOM5kuhD4NNYCR09JJVLICH2kegtYJa0gOMuHEELq3zvuKywjjJRpBnQ9AnH\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.thecse.com\/en\/listings\/technology\/draganfly-inc<\/a><\/u>,\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xZz5D8_o4368Upahzqh08kbja4JN3pYGzc5KlJB7RZje8l4RN3L8eNmqNUE7Cg84R0gR0C-VPU5Vth7J6LJM43rn7PqdgTgYVJ4cf3QEfzx7dkU7Omt6UrE5U-VyHke4qqB5vqCWgUirlPocmefmjiH8kpU2WDkMf_0yTfN_2h0=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.otcmarkets.com\/stock\/DFLYF\/overview<\/a><\/u>\u00a0or\u00a0<u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xZz5D8_o4368Upahzqh08hNXgfnsgYjZxt3AhP3eT-zfiiMbk0bbroMA91yBGopSsatqxTh43cwm0Aioy7pDnG8QGVOMdg3patw32ua0dllNjMYN_jiSfGH0FwF02vXt7q8sznJjmL1tj-RXHX8Qr0cojTZvYcg0thsgZNNbY14=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.boerse-frankfurt.de\/aktie\/draganfly-inc.<\/a><\/u><\/p>\n<p>Media Contact<br \/> Arian Hopkins<br \/> email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Er-cJU-Rin-yjsNp-yfngAJ7dggYyW6dvfrkocAh9sQqhY9gSWmvCIVzrdB9nG80FbgnnqiWbDb-e-5A2GnHPLDSLohVv-NYesR9wkScD3U=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">media@draganfly.com<\/a><\/p>\n<p>Company Contact<br \/> Email: <u><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=g9CBkyBu3UnaY3BZ23Gowsz5Cr6SZ_j1dVaZL-AAFzafBBbLiRx8esjgUNO9OqJHcoVjBceBcgP9hgtPffAUy94W-jxioYi9CwbwY7Jt2d4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">info@draganfly.com<\/a><\/u><\/p>\n<p align=\"justify\">Forward-Looking Statements<\/p>\n<p align=\"justify\">This release contains certain \u201cforward looking statements\u201d and certain \u201cforward-looking \u200e\u200e\u200e\u200e\u200e\u200einformation\u201d as defined under applicable Canadian securities laws. Forward-looking statements \u200e\u200e\u200e\u200e\u200e\u200eand information can generally be identified by the use of forward-looking terminology such as \u200e\u200e\u200e\u200e\u200e\u200e\u200e\u201cmay\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccontinue\u201d, \u201cplans\u201d or similar \u200e\u200e\u200e\u200e\u200e\u200eterminology. Forward-looking statements and information are based on forecasts of future \u200e\u200e\u200e\u200e\u200e\u200eresults, estimates of amounts not yet determinable and assumptions that, while believed by \u200e\u200e\u200e\u200e\u200e\u200emanagement to be reasonable, are inherently subject to significant business, economic and \u200e\u200e\u200e\u200e\u200e\u200ecompetitive uncertainties and contingencies. Forward-looking statements include, but are not \u200e\u200e\u200e\u200e\u200e\u200elimited to, statements with respect to the Company&#8217;s anticipated decision, plans, and timing related to the potential listing of its common shares on the NASDAQ, and the Company&#8217;s ability to meet NASDAQ listing requirements. Forward-\u200e\u200e\u200e\u200elooking statements and information are \u200esubject \u200eto various known and unknown risks and \u200e\u200e\u200e\u200euncertainties, many of which are beyond the \u200eability of \u200ethe Company to control or predict, that \u200e\u200e\u200e\u200emay cause the Company\u2019s actual results, \u200eperformance or \u200eachievements to be materially different \u200e\u200e\u200e\u200efrom those expressed or implied thereby, \u200eand are \u200edeveloped based on assumptions about such \u200e\u200e\u200e\u200erisks, uncertainties and other factors set \u200eout here \u200ein, including but not limited to: the potential \u200e\u200e\u200e\u200eimpact of epidemics, pandemics or other \u200epublic \u200ehealth crises, including the current outbreak of \u200e\u200e\u200e\u200ethe novel coronavirus known as COVID-19 \u200eon the \u200eCompany\u2019s business, operations and financial \u200e\u200e\u200e\u200econdition, the successful integration of \u200e\u200etechnology, the inherent risks involved in the general \u200e\u200e\u200e\u200esecurities markets; uncertainties relating to \u200e\u200ethe availability and costs of financing needed in the \u200e\u200e\u200e\u200efuture; the inherent uncertainty of cost \u200e\u200eestimates and the potential for unexpected costs and \u200e\u200e\u200e\u200eexpenses, currency fluctuations; regulatory \u200e\u200erestrictions, liability, competition, loss of key \u200e\u200e\u200e\u200eemployees and other related risks and uncertainties \u200e\u200edisclosed under the heading \u201cRisk Factors\u201c \u200e\u200e\u200e\u200ein the Company\u2019s most recent filings filed with \u200e\u200esecurities regulators in Canada on the SEDAR \u200e\u200e\u200e\u200ewebsite at www.sedar.com. The Company \u200e\u200eundertakes no obligation to update forward-looking \u200e\u200e\u200e\u200einformation except as required by applicable \u200e\u200elaw. Such forward-looking information represents \u200e\u200e\u200e\u200emanagements\u2019 best judgment based on \u200e\u200einformation currently available. No forward-looking \u200e\u200e\u200e\u200estatement can be guaranteed and actual \u200e\u200efuture results may vary materially. Accordingly, readers \u200e\u200e\u200e\u200eare advised not to place undue reliance \u200e\u200eon forward-looking statements or information.\u200e<\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDk5MyMzOTE2NzQ2IzUwMDA2OTE2MQ==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a2ef36a5-eb42-4729-93e3-0a7278ab9fe5\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Los Angeles, CA., Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading manufacturer and systems developer, today announced that the Company has started the process of preparing for a listing of its common shares on the NASDAQ Capital Market (\u201cNASDAQ\u201d). The Company has engaged a New York based investment bank to begin the NASDAQ listing process. The NASDAQ is a mark of achievement and stature for qualified companies. Listed \u200ecompanies must meet financial and liquidity requirements and satisfy corporate governance and \u200edisclosure requirements on both an initial and continuing basis.\u200e The listing of the Company&#8217;s common shares on the NASDAQ is subject to the approval of the NASDAQ &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Draganfly Begins Process to List on NASDAQ&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-414162","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Draganfly Begins Process to List on NASDAQ - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Draganfly Begins Process to List on NASDAQ - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Los Angeles, CA., Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading manufacturer and systems developer, today announced that the Company has started the process of preparing for a listing of its common shares on the NASDAQ Capital Market (\u201cNASDAQ\u201d). The Company has engaged a New York based investment bank to begin the NASDAQ listing process. The NASDAQ is a mark of achievement and stature for qualified companies. Listed \u200ecompanies must meet financial and liquidity requirements and satisfy corporate governance and \u200edisclosure requirements on both an initial and continuing basis.\u200e The listing of the Company&#8217;s common shares on the NASDAQ is subject to the approval of the NASDAQ &hellip; Continue reading &quot;Draganfly Begins Process to List on NASDAQ&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T14:18:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDk5MyMzOTE2NzQ2IzUwMDA2OTE2MQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Draganfly Begins Process to List on NASDAQ\",\"datePublished\":\"2021-01-13T14:18:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/\"},\"wordCount\":1074,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODEyNDk5MyMzOTE2NzQ2IzUwMDA2OTE2MQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/draganfly-begins-process-to-list-on-nasdaq\\\/\",\"name\":\"Draganfly Begins Process to List on NASDAQ - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/","og_locale":"en_US","og_type":"article","og_title":"Draganfly Begins Process to List on NASDAQ - Market Newsdesk","og_description":"Los Angeles, CA., Jan. 13, 2021 (GLOBE NEWSWIRE) &#8212; Draganfly Inc. (OTCQB: DFLYF) (CSE: DFLY) (FSE: 3U8) (\u201cDraganfly\u201d or the \u201cCompany\u201d), an award-winning, industry-leading manufacturer and systems developer, today announced that the Company has started the process of preparing for a listing of its common shares on the NASDAQ Capital Market (\u201cNASDAQ\u201d). The Company has engaged a New York based investment bank to begin the NASDAQ listing process. The NASDAQ is a mark of achievement and stature for qualified companies. Listed \u200ecompanies must meet financial and liquidity requirements and satisfy corporate governance and \u200edisclosure requirements on both an initial and continuing basis.\u200e The listing of the Company&#8217;s common shares on the NASDAQ is subject to the approval of the NASDAQ &hellip; Continue reading \"Draganfly Begins Process to List on NASDAQ\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-13T14:18:03+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDk5MyMzOTE2NzQ2IzUwMDA2OTE2MQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Draganfly Begins Process to List on NASDAQ","datePublished":"2021-01-13T14:18:03+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/"},"wordCount":1074,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODEyNDk5MyMzOTE2NzQ2IzUwMDA2OTE2MQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/draganfly-begins-process-to-list-on-nasdaq\/","name":"Draganfly Begins Process to List on NASDAQ - 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