PDW Holdings has filed a notice of an exempt offering of securities to raise $52,200,194.00 in New Funding.
According to filings with the U.S. Securities and Exchange Commission, PDW Holdings is raising up to $52,200,194.00 in new funding. The federal securities law requires the notice to be filed by...
According to filings with the U.S. Securities and Exchange Commission, PDW Holdings is raising up to $52,200,194.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About PDW Holdings
Performance Drone Works, referred to as PDW on its website, develops defense drones, unmanned aerial systems, robotics, autonomous technologies, and mission-capable systems for defense and public-safety applications. Its full-stack offerings include the C100 multi-mission quadcopter, AM drones, PDW SIM, PDW CORE, mission-planning software, ATAK integration, operator training, and communications capabilities. The company positions itself as a provider of decisive airpower designed for troops in contact and other operators facing rapidly changing battlefield conditions, emphasizing scalable deployment, U.S.-based manufacturing, and tested performance at the edge. PDW states that it has accumulated 50,000 combined flight hours of testing and has built a team of veterans and engineers focused on battlefield-informed innovation. The website also highlights a conditional $820 million loan commitment from the U.S. Department of War, more than $110 million in Series B financing, the acquisition of Vanteon, and the entry of its attritable strike drone into production.
To learn more, visit https://www.pdw.ai/
LinkedIn: https://www.linkedin.com/company/pdw-ai/
Contact:
Gustav Bahn, General Counsel and Secretary
https://www.linkedin.com/in/james-s-33938b14a/
SOURCE: http://www.intelligence360.io
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