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Upon taking over as CEO from Grant Begley , we have been evolving and advancing AgEagle toward the creation of maximum long-term shareholder value.To fund our aggressive growth plans, we recently completed a $6.5M capital raise. The market’s reaction was a continued decline in our stock price. It became necessary to plan and execute a 50:1 reverse stock split. Our trading was halted October 4th but has since resumed, and I am truly optimistic regarding the path ahead as I believe that the company is currently under-valued for the following reasons:. 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Shareholders who otherwise would be entitled to a fractional share because they hold a number of shares not evenly divisible by the 1  for fifty  reverse split ratio, will automatically be entitled to receive an additional fractional share of the Company’s common stock to round up to the next whole share.This press release does not constitute an offer to sell or the solicitation of an of","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/F3bCnqbXL6DR9OXXw6_YiA--~B/aD03Njt3PTIwNzthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/globenewswire.com/c603f6cde461d372b43bbd03f33d808d","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/F3bCnqbXL6DR9OXXw6_YiA--~B/aD03Njt3PTIwNzthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/globenewswire.com/c603f6cde461d372b43bbd03f33d808d"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/ageagle-aerial-systems-inc-announces-202500442.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4152","UAVS"],"gpt_icon":0},{"id":"2472755626","title":"AgEagle Aerial Systems eBee VISION Selected to Participate in REPMUS 2024 Exercise Co-Hosted by NATO","url":"https://stock-news.laohu8.com/highlight/detail?id=2472755626","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2472755626?lang=en_us&edition=fundamental","pubTime":"2024-10-04 04:15","pubTimestamp":1727986500,"startTime":"0","endTime":"0","summary":"Annual event featured UAS industry leaders determined through rigorous selection process. 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