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AMALGAMATION (Tables)
 12 Months Ended
Dec. 31, 2021
SUMMARY OF HISTORICAL FINANCIAL INFORMATION

 

      
Number of shares of Draganfly Inc.   2,100,000 
Fair value of common shares in concurrent financing  $2.50 
Fair value of shares of Draganfly Inc.  $5,250,001 
Fair value of warrants   1,645,193 
Fair value of shares issued for transaction fees   1,000,000 
Net assets acquired  $(90,335)
Listing expense  $7,804,859 

 

Fair value of the Company acquired, net of liabilities    
Cash  $28,538 
Accounts receivable   4,991 
Loans receivable   963,269 
Accounts payable and accrued liabilities   (406,463)
Subscription receipts   (500,000)
Net of liabilities  $90,335 
SUMMARY OF FAIR VALUE MEASUREMENT INPUTS AND VALUATION TECHNIQUES

 

Risk-free interest rate   0.86%
Estimate life   1.48 years 
Expected volatility   100%
Expected dividend yield   0%