---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-061333"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2026-05-14T21:20:47+00:00"
generated_at: "2026-05-14T21:22:43.653305+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Red Cat prices $225M public offering at $9.40/share; 23.9M shares sold

## Summary
- Gross proceeds of ~$225M from 23,936,171 shares at $9.40 each; closing on May 14, 2026.
- Underwriters granted 30-day option to buy up to 3,590,425 additional shares at same price.
- Net proceeds earmarked for general corporate purposes and strategic growth initiatives including acquisitions, R&D, capex.
- Evercore ISI and BofA Securities acted as joint lead bookrunners; Needham and Northland as co-managers.

## SEC filing metadata
- accession: 0001104659-26-061333
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2026-05-14T21:20:47+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000110465926061333/0001104659-26-061333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000110465926061333/tm2614279d7_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-061333
- JSON: https://secwatch.observer/filing/0001104659-26-061333.json
- Plain text: https://secwatch.observer/filing/0001104659-26-061333.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.