Red Cat Hldgs Inc SEC Filings

Christopher R. Moe, a director of Red Cat Holdings, Inc. (RCAT), reported a sale of common stock. On 09/29/2025 he disposed of 10,000 shares at a weighted-average price of $10.91 per share (transactions ranged from $10.57 to $11.03). After the sale he beneficially owned 53,073 shares, reported as direct ownership. The Form 4 was signed on 09/30/2025 and includes an explanatory footnote offering to provide transaction-level price details on request.

Red Cat Holdings is offering 15,625,000 shares of common stock to institutional investors, with an underwriter option for an additional 2,343,750 shares. The prospectus cites a public offering price of $9.60 per share and estimates net proceeds of approximately $141.3 million to be used for general corporate purposes, including capital investments for a new unmanned surface vessel division. Immediately after the offering the company expects about 115.7 million shares outstanding (118.0 million if the option is fully exercised). The filing discloses a previously identified material weakness in internal control over financial reporting. Pro forma net tangible book value rises from $0.71 to $1.85 per share, creating an immediate dilution to new investors of $7.75 per share.

Red Cat Holdings, Inc. (RCAT) filed a preliminary prospectus supplement on a shelf registration to sell additional shares of common stock on Nasdaq. The offering size, public offering price, and exact dates are left blank in this preliminary document, but the company disclosed a last sale price of $10.83 per share on September 16, 2025 and 100,041,485 shares outstanding as of September 15, 2025. Net proceeds are estimated to be approximately a stated amount in millions (amount redacted here) and are intended for general corporate and working capital purposes, including investments related to a new unmanned surface vessel division. The company disclosed historical acquisitions (Rotor Riot, Fat Shark, Skypersonic, Teal, FlightWave) and noted identified material weaknesses in internal control over financial reporting and related remediation efforts. The prospectus emphasizes significant investment risks, potential dilution, and Nasdaq listing risks.

Christopher R. Moe, a director of Red Cat Holdings, Inc. (RCAT), reported multiple open-market sales of common stock in a Form 4 filing. The filing lists four sales executed between 09/08/2025 and 09/12/2025 totaling 50,000 shares sold at reported weighted-average prices of $8.90, $9.77, $10.79, and $10.96. Following the last reported sale on 09/12/2025, the reporting person beneficially owned 63,073 shares. The filing includes footnotes clarifying that the prices for the 9/11 and 9/12 trades are weighted averages across multiple executions and offers to provide detailed breakouts on request. The Form 4 is signed by Christopher R. Moe on 09/15/2025.

Red Cat Holdings, Inc. files an S-3 shelf registration that discloses a material acquisition and describes the securities offering mechanics to be provided under the prospectus. In September 2024 the company acquired FlightWave Aerospace Systems Corporation for a total purchase price of $14.0 million and established a new subsidiary, FW Acquisition Inc., for ongoing operations. The prospectus text lists detailed terms that will apply to any offered warrants and securities, including exercise mechanics, pricing possibilities, transferability, adjustment provisions, tax considerations and related underwriting and distribution arrangements. The filing also identifies categories of offering expenses such as FINRA fees, accounting, legal and transfer agent fees and lists multiple filings incorporated by reference into the registration statement.

Form 144 Notice: This filing by a person associated with Red Cat Holdings, Inc. (RCAT) notifies the proposed sale of 30,000 common shares through Merrill Lynch with an aggregate market value of $303,404.87, anticipated on 09/11/2025 on NASQ. The shares were acquired mostly as stock bonuses in 2023 (20,000 on 07/14/2023, 2,963 on 07/14/2023 and 7,037 on 11/01/2023) and were received as compensation. The filer also reported prior sales during the past three months totaling 46,833 shares generating gross proceeds of $440,833.45 across four sales in August and September 2025. The notice includes the mandatory representation that the seller knows of no undisclosed material adverse information.

Red Cat Holdings, Inc. (RCAT) Form 144 shows an anticipated sale of 10,000 common shares valued at $89,000, with an approximate sale date of 09/08/2025 on NASQ. The filing reports these shares were acquired on 07/14/2023 as a stock bonus from Red Cat Holdings Inc. and were issued as compensation.

The filer also disclosed three sales in August 2025: 10,000 shares on 08/20/2025 for $89,300, 16,833 shares on 08/21/2025 for $161,247, and 10,000 shares on 08/25/2025 for $100,359. The filing states there is no undisclosed material adverse information known to the seller.