A Manatt team led by Capital Markets Partner Thomas J. Poletti represented Spartan Capital Securities, LLC as sole placement agent to AgEagle Aerial Systems Inc. (“AgEagle”) in its $6.5 million secondary public offering. The Manatt team also included Corporate and Finance Partner Veronica Lah and Corporate and Finance Associate Danli Lan.
AgEagle is a leading provider of full stack drone solutions for customers worldwide in the energy, construction, agriculture and government verticals and plans to use the proceeds from the offering for the repayment of an outstanding note and the remainder for general corporate and working capital purposes.
To learn more about the deal, click here.