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Unusual Machines Inc (AMEX:UMAC) shares are moving lower in extended trading Thursday after the company announced a proposed public offering.
- Unusual Machines stock is trading in a tight range. What’s next for UMAC stock?
Unusual Machines Announces Offering Of Common Stock
Drone parts manufacturer Unusual Machines said it commenced a public offering of common stock. The size and terms of the offering were not disclosed.
The company said it plans to use the net proceeds from the offering to expand its U.S. drone parts inventory, as well as …
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