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Droneify Holdings Withdrawn, Nasdaq: DRFY

Canadian provider of drone services.

Industry: Industrials

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Industrials

We are a development stage technology company focused on designing, developing, and deploying drone-enabled solutions and technology for the purposes of capturing, analyzing, and reporting on data to assist customers in a variety of industries, allowing them to improve decision-making and reduce operational risks and costs. We offer leading-edge aerial intelligence solutions with an emphasis on automating complex, recurring operations that are required for compliance and growth. We serve clients across a variety of industries, with a current emphasis on niche markets such as utilities, energy, construction, and infrastructure. We are actively developing an online-based drone operations, software, and hardware management system, with the goal of using this platform as the basis for a broader solution that integrates the collection, storage and analysis of data for end users within a platform-as-a-service, or PaaS, subscription model. Our drone solutions division provides drone services, such as inspections, surveying, and marketing work to customers across a wide range of industries. The services are carried out by a network of drone pilots managed by us. Collected data is processed, analyzed, and delivered by us to our customers. Our drone analytics and drone hardware divisions are still in the development stage.
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IPO Data
IPO File Date 02/09/2023
Offer Price
Price Range $6.00 - $7.00
Offer Shares (mm) 0.9
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $6.00 - $7.00
Offer Shares (mm) 0.9
Deal Size ($mm) $6
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Boustead Securities
Company Data
Headquarters Oakville, Canada
Founded 2015
Employees at IPO 5
Website www.droneify.com

Droneify Holdings (DRFY) Performance