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You are here: Home / News / Nason Yeager Gerson Harris & Fumero Represents Unusual Machines, Inc. in $40 Million Public Offering
Nason Yeager Gerson Harris & Fumero Represents Unusual Machines, Inc. in $40 Million Public Offering

Nason Yeager Gerson Harris & Fumero Represents Unusual Machines, Inc. in $40 Million Public Offering

Nason, Yeager, Gerson, Harris & Fumero, P.A. represented Unusual Machines, Inc. [NYSE American: UMAC] (“Unusual Machines”) in the company’s closing of a confidentially marketed public offering. Orlando, Florida based Unusual Machines sold 8 million shares of common stock and generated gross proceeds of $40 million by the company. The company intends to use the net proceeds from this offering for the purchase of an estimated $2.0 million of drone motor manufacturing equipment, general corporate purposes and working capital.

Unusual Machines received assistance from Nason Yeager in preparing and filing its Registration Statement on Form S-3, Prospectus Supplements and related documentation with the Securities and Exchange Commission. Nason Yeager was also responsible for negotiating, drafting, and revising definitive and ancillary agreements, and advising on and facilitating various corporate and regulatory actions necessary for the preparation and listing of the common stock on the NYSE American.

The team from Nason Yeager, with offices in Palm Beach Gardens, Ft. Lauderdale and Boca Raton, was headed by shareholder Michael Harris and included attorneys Ed Schauder and Christina Ahrens. They belong to the firm’s Securities practice group and have vast experience and proficiency in representing various parties, such as issuers, hedge funds, and family offices, in capital markets transactions and mergers and acquisition transactions, as mentioned earlier.

Unusual Machines manufactures and sells drone components and drones across a diversified brand portfolio, which includes Fat Shark, the leader in first-person view (“FPV”) ultra-low latency video goggles for drone pilots. Several of the company’s products have been approved for and listed on the Defense Innovation Unit’s Blue Framework list. 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, the company seeks to be a dominant component supplier to the fast-growing multi-billion-dollar US drone industry and the global defense business.

May 8, 2025 by Christina AhrensFiled Under: News, Press Releases, Recent Achievements

Nason, Yeager, Gerson, Harris & Fumero, P.A. is one of the oldest Florida-based law firms in the State. Martindale-Hubbell AV rated, the firm provides strategic legal counsel and representation to a wide array of public and private sector clients throughout the State of Florida as well as elsewhere in the United States and internationally. Our attorneys have a proven track record of results-driven work. Throughout its history, the firm has served a diverse client base, with a Florida focus, utilizing innovative strategies to achieve efficient and effective solutions.

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