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Safe Pro Group Priced, Nasdaq: SPAI

Provides military grade ballistic protective products and drone services.

Industry: Industrials

Latest Trade: $2.08 -0.06 (-2.8%)

First Day Return: -14.6%

Return from IPO: -57.2%

Industry: Industrials

Safe Pro Group has strategically acquired and assembled three business units focused on protecting those who protect us all. Our strategic emphasis is on the development of a cloud-based ecosystem for analyzing drone imagery utilizing proprietary artificial intelligence (“AI”), machine learning (“ML”), deep learning, and applied computer vision software for hyper scalable processing, analysis, and reporting. Our core capabilities include artificial intelligence/machine learning, mission critical drone services and the manufacturer of ballistic protective products. Safe Pro is led by a team of executives and subject matter experts drawn from the government and commercial sectors dedicated to assembling unique safety and security technologies for governments, enterprises, and non-governmental organizations (“NGOs”) enabling them to respond to evolving threats.
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IPO Data
IPO File Date 06/28/2024
Offer Price $5.00
Price Range $4.25 - $5.75
Offer Shares (mm) 1.0
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/28/2024
Offer Price $5.00
Price Range $4.25 - $5.75
Offer Shares (mm) 1.0
Deal Size ($mm) $5
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Dawson James
Spartan Capital Securities
Company Data
Headquarters Aventura, FL, United States
Founded 2021
Employees at IPO 13
Website www.SafeProGroup.com

Safe Pro Group (SPAI) Performance