Unusual Machines Files Proxy Materials

TL;DR

UMAC filed proxy docs, no fee. Standard stuff.

AI Summary

Unusual Machines, Inc. filed definitive additional materials on November 15, 2024, related to its proxy statement. The filing indicates no fee was required for this submission, which is a standard procedural step for the company.

Why It Matters

This filing is a procedural update for Unusual Machines, Inc. regarding its proxy statement, indicating it's providing additional materials to shareholders.

Risk Assessment

Risk Level: low — This is a routine filing of additional proxy materials, not indicating any significant new events or risks.

Key Players & Entities

• Unusual Machines, Inc. (company) — Registrant
• 0001683168-24-008170 (filing_id) — Accession Number
• 20241115 (date) — Filing Date

FAQ

Key Financial Figures

• $1.99 — rsion of debt. Almost all of this is at $1.99 and represents value the company would
• $7 million — verted, the company would realize about $7 million in additional value – basically c

Filing Documents

• umac_defa14a.htm (DEFA14A) — 18KB
• 0001683168-24-008170.txt ( ) — 19KB

From the Filing

ADDITIONAL MATERIALS UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by Registrant Filed by Party other than Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Materials Pursuant to §240.14a-12 UNUSUAL MACHINES, INC. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): No fee required. Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): $_____ per share as determined under Rule 0-11 under the Exchange Act. (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: Fee paid previously with preliminary materials. Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing. (1) Amount previously paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Unusual Machines, Inc. Supplement to Proxy Statement For the 2024 Annual Meeting of Stockholders To Be Held on December 2, 2024 This Supplement amends and supplements the definitive Proxy Statement on Schedule 14A filed by Unusual Machines, Inc. (the “Company”) with the Securities and Exchange Commission on October 15, 2024, in connection with the Company’s 2024 Annual Meeting of Stockholders to be held on December 2, 2024, at 11:00 a.m., Eastern Time (the “Annual Meeting”). This Supplement is being provided solely to provide an excerpt of the script from the Company’s Third Quarter 2024 earnings conference call that occurred on November 14, 2024 (the “Conference Call”). The excerpt below contains statements about the Annual Meeting and the proposals to be voted on at the Annual Meeting that Allan Evans, the Company’s Chairman of the Board of Directors and Chief Executive Officer, made during the Conference Call. Allan Evans, Chairman and Chief Executive Officer There are a few items I want to clarify before we dive into the exciting stuff. All of this debt conversion and the PIPE have created some changes to our capitalization table. In order to simplify things, I want to explain how we see it. We have common stock and preferred stock that just converts to common stock with no other gimmicks aside from a percentage blocker. Our total common stock if the preferred is converted would be about 12.6 million shares. We also have cash only warrants and stock reserved for the conversion of debt. Almost all of this is at $1.99 and represents value the company would receive. If all the warrants are exercised and the debt is converted, the company would realize about $7 million in additional value – basically cash – and this represents about another 3.5 million shares. This conversion is something we intentionally structured to broadcast our next financing so that nobody needs to be surprised when doing their calculations. As part of finalizing everything, we have a shareholder meeting on December 2 nd . It is important that you vote – especially because we don’t have shareholder concentration. As I just mentioned we expect to use the warrants as our next financing and that is why we suggest you vote yes on the shares issuance above 19.9%. It is not approval for anything other than those warrant shares being able to be issued and the notes being converted – so if you say yes – we can get the money sooner and further simplify our cap table. Please read your proxy statement and vote right after this call if you can. 2

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View this DEFA14A filing on SEC EDGAR