Swarmer, Inc ("Swarmer"), a drone autonomy software company supporting operations in Ukraine, today announced the pricing of its initial public offering (the "Offering") of 3,000,000 shares of its common stock (the "Common Stock") at a public offering price of $5.00 per share. All of the shares of Common Stock are being offered by Swarmer. The gross proceeds from the Offering, before deducting underwriting discounts and commissions and other offering expenses payable by Swarmer, are expected to be approximately $15.0 million. Swarmer intends to use net proceeds from this Offering for funding of ongoing operations, including expansion of capabilities and our product offering, hiring employees, integration with the hardware of drone manufacturers, and for working capital and other general corporate purposes