Swarmer Inc. Closes $14.7M IPO, Underwriters Fully Exercise Option

AUSTIN, Texas, March 18, 2026 - Swarmer, Inc (Nasdaq: SWMR), a drone autonomy software company supporting operations in Ukraine, today announced the successful closing of its previously announced underwritten initial public offering (IPO). The offering comprised 3,450,000 newly-issued shares of common stock, priced at $5.00 per share, and notably included the full exercise by the underwriters of their option to purchase an additional 450,000 shares.

The shares are listed for trading on the Nasdaq Capital Market under the ticker symbol "SWMR". After deducting underwriter discounts, commissions, and estimated offering expenses, Swarmer realized net proceeds of approximately $14.7 million from the offering.

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