---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-064095"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2026-05-20T10:35:26+00:00"
generated_at: "2026-05-20T10:41:57.252370+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Cat closes acquisition of Quaze Technologies for ~$21M in stock plus up to $5M earnout

## Summary
- 1,923,308 shares of common stock issued as closing consideration (~$21M based on 20-day VWAP).
- Earnout consideration of up to $5M in additional shares subject to integration, revenue and gross margin thresholds.
- Quaze develops wireless power technology for drones and robots, enabling autonomous recharging without connectors.
- Quaze to operate as an independent Red Cat business unit while maintaining platform-agnostic third-party model.
- Acquisition addresses power bottleneck for persistent autonomous operations across air, land and maritime domains.

## SEC filing metadata
- accession: 0001104659-26-064095
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2026-05-20T10:35:26+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000110465926064095/0001104659-26-064095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000110465926064095/tm2615163d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-064095
- JSON: https://secwatch.observer/filing/0001104659-26-064095.json
- Plain text: https://secwatch.observer/filing/0001104659-26-064095.txt

## Key facts
- M&A Transactions
  Red Cat Holdings, Inc. completed an acquisition involving Quaze Technologies Inc. for approximately $21 million of Closing Shares based on the twenty (20) day volume-weighted price of the Common Stock on The Nasdaq Capital Market as of May 18, 20 (closed 2026-05-19).
  - Action: acquisition
  - Counterparty: Quaze Technologies Inc.
  - Consideration: approximately $21 million of Closing Shares based on the twenty (20) day volume-weighted price of the Common Stock on The Nasdaq Capital Market as of May 18, 20
  - Closing: 2026-05-19
  source text: consideration consisting of 1,923,308 shares (the “Closing Shares”) of the Company’s common stock, par value $0.001 per share (“Common Stock”), which represents approximately $21 million of Closing Shares based on the twenty (20) day volume-weighted price of the Common Stock on The Nasdaq Capital Market as of May 18, 2026. The closing consideration
  evidence_url: https://www.sec.gov/Archives/edgar/data/748268/000110465926064095/0001104659-26-064095-index.htm

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