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2021-07-17

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Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/ -- Red Cat Holdings, Inc. (NASDAQ: RCAT) ("Red Cat"

Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

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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&nbsp;&nbsp;&nbsp;<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.","TERN":"Terns Pharmaceuticals, Inc.","RCAT":"Red Cat Holdings 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. 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Red Cat Holdings, Inc. Announces Proposed Public Offering of Common Stock

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