Volatus Aerospace completes C$26.39M bought deal public offering and concurrent private placement

On November 26, 2025, Volatus Aerospace Corp. (“Volatus”) closed a bought deal public offering and concurrent non-brokered private placement for aggregate gross proceeds of approximately C$26.39 million. The public offering was completed through the issuance of common shares at a price of C$0.60 per share and was conducted by a syndicate of underwriters led by Stifel Nicolaus Canada Inc., together with Ventum Financial Corp., Canaccord Genuity Corp., and Haywood Securities Inc.

Volatus, headquartered in Ontario, Canada, is a provider of integrated drone solutions, including manufacturing, distribution, and services for commercial and defense applications. The financing is expected to support Volatus’ growth initiatives and strengthen its position in the global drone technology market.

McCarthy Tétrault LLP advised the syndicate of agents in connection with the public offering with a team led by Shaun Khullar that included Nancy Choi, Khristoff Browning, Somaya Amiri (Business), Erica Hennessey (Tax), Vincent Yip, Jeff Sun (Intellectual Property) and Brian Lipson (Transportation Regulatory).