Red Cat underwriters exercise overallotment option, increasing equity offering by 3.59M shares

Red Cat Holdings, Inc.

Underwriters exercised in full the option to purchase 3,590,425 additional shares at $9.40 per share.
Total offering now approximately 27.5 million shares of common stock.
Net proceeds to be used for general corporate purposes, acquisitions, R&D, capex, and working capital.
Option shares purchased on May 18, 2026, pursuant to S-3ASR filed May 12, 2026.

item 8.01item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.