RDARS Inc - RDRSF STOCK NEWS

RDARS Inc., an autonomous robotics and drone technology company, has started selling its autonomous 'Drone in a Box' Eagle Watch Platform. The company reported Q3 2023 revenues of $240,000 and received its first BVLOS Certificate of Waiver from the FAA. RDARS CEO, Charles Zwebner, expressed confidence in the market's response and stated their goal of achieving one million deployed installations and units to clients in the USA and Canada.

RDARS Inc. cancels 1.45 million options to purchase common shares, citing lack of incentive for directors and officers.

RDARS Inc. will be presenting at the Rocky Mountain Microcap Conference XII in Centennial, Colorado on October 25th, 2023. The event is an investment conference for public microcap companies to present to investors looking for growth opportunities.

The Watchlist by The Market Herald releases new interviews with RDARS, Visionstate, ARway.ai, Blackrock Silver, and Arizona Sonoran.

RDARS Inc. receives its first BVLOS waiver from the FAA for its Eagle Watch Platform, marking a significant validation of the company's technology and market strategy.

RDARS Inc. has closed its non-brokered private placement, raising $675,000 through secured convertible debentures. The debentures carry a principal amount of $933,750 and can be converted into common shares at a conversion price of $0.15 per share. The company plans to use the proceeds for debt repayment and general working capital.

RDARS Inc. receives official drone certification from Transport Canada for its Eagle Eye V3 drone, marking a new era in safety and regulatory compliance. The certification enhances RDARS's reputation and competitive advantage, opening new growth opportunities.

RDARS Inc. (CSE: RDRS), an autonomous robotics and drone technology company, has announced its intention to consolidate its share capital on a twenty-for-one basis. The Share Consolidation was approved by shareholders on May 31, 2023, and will take effect on June 6, 2023, when trading resumes on the Canadian Securities Exchange (CSE).

The consolidation will reduce the number of outstanding common shares from 354,425,745 to approximately 17,721,287. Registered shareholders will receive instructions on exchanging their pre-consolidation shares for post-consolidation shares. The exercise price and number of shares issuable under outstanding warrants and stock options will be adjusted proportionately.

The Share Consolidation remains subject to CSE approval, and the company will provide further details as they become available.

RDARS Inc. (CSE: RDRS) (OTCQB: RDRSF), an autonomous robotics and drone technology company, has announced the closing of a non-brokered private placement of unsecured convertible debentures. The financing raised aggregate proceeds of $513,520 for the company. The debentures carry a principal amount of $641,900, including an original issuance discount, and will mature on May 4, 2024. They do not bear interest and can be converted into common shares at a deemed price of $0.15 per post-Consolidation share.

RDARS plans to use the proceeds for debt repayment and general working capital. The company also intends to consolidate its common shares on a 10:1 basis, subject to shareholder approval at a meeting scheduled for May 31, 2023. All securities issued in the financing are subject to a four-month plus one day statutory hold period.