-
France to revoke US envoy's govt access after summons no-show
-
Spurs overpower Pistons in clash of NBA's form teams
-
Inoue to fight Nakatani in Tokyo in May: reports
-
Canada PM to push trade, rebuild fractured ties in India trip
-
Asian markets mixed as traders weigh AI and tariffs outlook
-
Votes may 'melt like snow': Reform, Greens eye Labour UK bastion
-
Venezuela says exiles welcome to return following mass amnesty
-
Australia buys parts for future AUKUS sub reactor
-
Ukraine marks four years since Russian invasion
-
Brazil court to try politicians over hit on black councilwoman
-
Interim president says Venezuelans welcome to return after amnesty law
-
Man kills police officer in Moscow train station blast
-
Despite drop in 2025, Russian oil exports exceed pre-war volumes: report
-
Australian PM seeks removal of UK's Andrew from line of succession
-
Carrick hails 'ruthless' Man Utd match-winner Sesko
-
N.Korea leader's sister promoted at party congress
-
The key to taking down Mexico's most-wanted narco? His girlfriend
-
Winter storm blankets US northeast as travel bans imposed
-
Super-sub Sesko fires Man Utd to win at Everton
-
YouTube exec says goal was viewer value not addiction
-
Panama wrests control of canal ports from Hong Kong group
-
Trump denies top US officer warned of Iran strike risks
-
Mayweather to fight Pacquiao in Las Vegas in September
-
US stocks tumble on tariff fog, worries over AI
-
US says China 'massively expanded' nuclear arsenal
-
US forces to complete withdrawal from Syria within a month
-
US winter storm brings rare hush to snowy New York
-
George adamant Six Nations losses don't make England 'a bad team overnight'
-
US Supreme Court to hear bid to block climate change suits
-
Canada summons OpenAI over failure to report mass shooter
-
From Odesa to Bakhmut, revisiting a Ukrainian family torn by war
-
Vonn says Olympic injury could have led to amputation
-
UK police arrest ex-envoy Peter Mandelson in Epstein case
-
Trump either a 'traitor' or 'exceptional', Nobel-winner Walesa tells AFP
-
Son of director Rob Reiner pleads not guilty to parents' murder
-
Panama takes control of canal ports from CK Hutchison
-
Risk of 'escalation' if Iran attacked: deputy foreign minister
-
West Indies thrash Zimbabwe at T20 World Cup after piling up 254-6
-
US forces to complete withdrawal from Syria within a month: sources to AFP
-
Snowstorm blankets US northeast as New York sees travel ban
-
Healthcare crisis looms over Greenland's isolated villages
-
Hodgkinson says breaking 800m record would put her among athletics' greatest
-
Two Russian security personnel were on board France-seized tanker: sources
-
EU puts US trade deal on ice after Supreme Court ruling
-
Hetmyer blasts 85 as West Indies pile up 254-6 against Zimbabwe
-
Canada PM heads to Asia seeking new trade partners as US ties fray
-
South Africa accepts Trump's new US ambassador
-
Iraq's Maliki defends PM candidacy, seeks to reassure US
-
UEFA suspend Benfica's Prestianni after alleged racist abuse
-
Jetten sworn in as youngest-ever Dutch PM
Unusual Machines Provides Financing Update
ORLANDO, FLORIDA / ACCESS Newswire / November 3, 2025 / Unusual Machines (NYSE American:UMAC), a leading provider of NDAA-compliant drone components, today provides a financing update based on the use of an at the market (ATM) financing for the month of October 2025.
During the month of October 2025, Unusual Machines raised a total of $72,144,881 at an average price of $15.46 from the ATM. This reached the staircase financing targets based on the capital formation strategy Unusual Machines has previously discussed. A total of 4,666,600 shares were sold. This is the fourth financing Unusual Machines has done in the last year (Table 1) and proceeds will be used to continue to accelerate growth.
Table 1: Unusual Machines' Financings
Month | Share Price | Total Gross Proceeds |
October 2024 | $1.52 | $1.96M |
May 2025 | $5.00 | $40.00M |
July 2025 | $9.70 | $48.50M |
October 2025 | $15.46* | $72.14M |
*Average gross sales price
"It's remarkable to see how far we've come in just a year. We've grown our share price tenfold and invested significant capital to rapidly onshore the drone supply chain," said Unusual Machines CEO Allan Evans. "This financing exceeded our expectations and marks another key step in Unusual Machines' staircase strategy."
Unusual Machines earnings will be reported on November 6, 2025. For more information about the company or this financing, please join the earnings call or look for the shareholder letter that is typically sent out in conjunction with the earnings report.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include the expectation that the proceeds will accelerate growth. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. The results expected by some or all of these forward-looking statements may not occur. Factors that affect our ability to achieve these results include unexpected issues that may arise from the opening of our new Orlando manufacturing facility, potential supply chain issues, our ability to use the proceeds effectively, and the Risk Factors contained in our Form 10-Q for the period ended June 30, 2025, in our Prospectus Supplement dated September 2, 2025 and in our Form 10-K for the year ended December 31, 2024. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Any forward-looking statement made by us herein speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
About Unusual Machines
Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in FPV (first-person view) ultra-low latency video goggles for drone pilots. The Company also retails small, acrobatic FPV drones and equipment directly to consumers through the curated Rotor Riot ecommerce store. With a changing regulatory environment, Unusual Machines seeks to be a dominant Tier-1 parts supplier to the fast-growing multi-billion-dollar U.S. drone industry. According to Fact.MR, the global drone accessories market is currently valued at $17.5 billion and is set to top $115 billion by 2032. For more information, please visit www.unusualmachines.com.
Investor Contact:
CS Investor Relations
[email protected]
SOURCE: Unusual Machines, Inc.
View the original press release on ACCESS Newswire
H.E.Young--AMWN