Henryset
2021-07-17
Its time to buy
Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock
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Announces Proposed Public Offering of Common Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2152685133","media":"PR Newswire","summary":"HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) (\"Red Cat\"","content":"<div>\n<p>HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) (\"Red Cat\" or the \"Company\") a technology provider to the drone industry, today announced that it intends to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/red-cat-holdings-inc-announces-232900402.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Red Cat Holdings, Inc. 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Announces Proposed Public Offering of Common Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 07:29 GMT+8 <a href=https://finance.yahoo.com/news/red-cat-holdings-inc-announces-232900402.html><strong>PR Newswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) (\"Red Cat\" or the \"Company\") a technology provider to the drone industry, today announced that it intends to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/red-cat-holdings-inc-announces-232900402.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRCT":"Cricut, Inc.","RCAT":"Red Cat Holdings Inc.","TERN":"Terns Pharmaceuticals, Inc."},"source_url":"https://finance.yahoo.com/news/red-cat-holdings-inc-announces-232900402.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2152685133","content_text":"HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) (\"Red Cat\" or the \"Company\") a technology provider to the drone industry, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.\nThinkEquity, a division of Fordham Financial Management, Inc., is acting as the sole book-running manager for the offering.\nThe offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nThe Company intends to use the net proceeds from the offering primarily for general corporate purposes.\nThe securities will be offered and sold pursuant to a shelf registration statement on Form S-3 (File No. 333-256216), including a base prospectus, filed with the U.S. Securities and Exchange Commission (the \"SEC\") on May 17, 2021 and declared effective on June 14, 2021. The offering will be made only by means of a written prospectus. A preliminary prospectus supplement and accompanying prospectus describing the terms of the offering has been or will be filed with the SEC on its website at www.sec.gov. Copies of the preliminary prospectus supplement and the accompanying prospectus relating to the offering may also be obtained, when available from the offices of ThinkEquity, a division of Fordham Financial Management, Inc., 17 State Street, 22nd Floor, New York, New York 10004, by telephone at (877) 436-3673 or by email at prospectus@think-equity.com. Before investing in this offering, interested parties should read in their entirety the preliminary prospectus supplement and the accompanying prospectus and the other documents that the Company has filed with the SEC that are incorporated by reference in such preliminary prospectus supplement and the accompanying prospectus, which provide more information about the Company and such offering.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.\nAbout Red Cat Holdings, Inc.\nRed Cat provides products, services and solutions to the drone industry. Spanning multiple industries and segments, the spectrum of companies in Red Cat's portfolio provides diverse and comprehensive reach into multiple markets including: enterprise remote flight technology; SaaS solutions for secure flight data storage; consumer hardware and communication technology; and consumer e-commerce and lifestyle brands. 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