Red Cat Holdings, Inc. - 8-K Filing
Red Cat Holdings exercised the underwriters' option to sell an additional 3,590,425 shares of common stock at $9.40 per share on May 18, 2026, following a previously disclosed offering dated May 12, 2026. The company plans to use the net proceeds for general corporate purposes and strategic growth initiatives including acquisitions, business expansion, R&D, capital expenditures, and working capital. (Items: 8.01 Other Events, 9.01 Financial Statements and Exhibits)
Tickers: $RCAT