IPO - Unusual Machines, Inc.

Form Type: 8-K

Filing Date: 2025-05-07

Corporate Action: Ipo

Type: New

Accession Number: 000168316825003236

Filing Summary: On May 5, 2025, Unusual Machines, Inc. entered into a Placement Agency Agreement with Dominari Securities, LLC for a public offering of 8,000,000 shares of common stock, priced at $5.00 per share. The offering closed on May 7, 2025. In connection with this, the Company issued warrants to the Placement Agent to purchase 640,000 shares of common stock at an exercise price of $5.00 per share, which may be exercised after November 3, 2025, and will expire on May 7, 2027. Gross proceeds from the sale were $40 million, designated for equipment purchase and general corporate purposes. This offering was made under the Company’s effective shelf registration statement on Form S-3, declared effective on April 21, 2025. Additionally, press releases were issued on May 5 and May 7, 2025, announcing the pricing and the closure of the offering, respectively.

Form Type: 424B5

Filing Date: 2025-05-06

Corporate Action: Ipo

Type: New

Accession Number: 000168316825003178

Filing Summary: On May 5, 2025, Unusual Machines, Inc. filed a prospectus supplement regarding the offering of 8,000,000 shares of its common stock at a public offering price of $5.00 per share. The total expected proceeds from the offering, before expenses, are projected to be approximately $40 million. The offering includes placement agent warrants for the purchase of 640,000 shares, compensating the placement agent, Dominari Securities LLC, with an additional 8% in warrants related to shares sold. The company anticipates utilizing approximately $2 million of the net proceeds for drone motor manufacturing equipment and the rest for corporate purposes, including working capital. As of May 2, 2025, the company has a last reported sales price of $6.91 per share, and after the offering, the total shares outstanding will increase to 24,830,170. Risks associated with tariff impacts and market volatility were highlighted, with cautionary notes for investors provided in the risk factors section.

Form Type: CORRESP

Filing Date: 2024-12-13

Corporate Action: Ipo

Type: New

Accession Number: 000168316824008714

Filing Summary: Unusual Machines, Inc. has submitted a request to the U.S. Securities and Exchange Commission for the effective date of their Registration Statement on Form S-1 (Registration No. 333-283494) to be accelerated to December 17, 2024, at 9:00 a.m. Eastern Time, or as soon as practicable thereafter. This request complies with Rule 461 under the Securities Act of 1933. The company acknowledges its responsibilities under the Securities Act and requests timely notification to its counsel upon the declaration of effectiveness.