Shares of AgEagle Aerial Systems Inc (UAVS) plummeted by 65.2% on Monday after the company announced a $6.5 million public offering of 26.9 million units at 24 cents per unit. The offering aims to reduce debt and fund general operations, but the news triggered a significant sell-off in the stock, pushing it down to 9 cents. This sharp decline follows a year of significant underperformance, raising questions about the company’s future prospects.