---
schema_version: "secwatch.filing_event.v1"
accession: "0001554795-23-000057"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T09:03:20.584223+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Shareholders approve sale of Rotor Riot LLC and Fat Shark Holdings to Unusual Machines

## Summary
- Proposal 1 (asset sale approval): 21,840,866 votes in favor, 1,674,705 against, 12,340,757 abstaining.
- Proposal 2 (adjournment): 34,390,837 in favor, 1,697,677 against, 94,608 abstaining.
- Total 36,183,123 shares voted (~65.63% of outstanding) including Series B Preferred Stock votes.
- Sale to Unusual Machines includes Rotor Riot, LLC and Fat Shark Holdings; deal details per prior SEC filings.

## SEC filing metadata
- accession: 0001554795-23-000057
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000155479523000057/0001554795-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000155479523000057/rcat0308form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001554795-23-000057
- JSON: https://secwatch.observer/filing/0001554795-23-000057.json
- Plain text: https://secwatch.observer/filing/0001554795-23-000057.txt

## Key facts
- Shareholder Votes
  Red Cat Holdings, Inc. shareholders approved Approval of the sale by the Company of Rotor Riot, LLC and Fat Shark Holdings to Unusual Machines at the 2023-03-08 meeting.
  - Proposal: merger approval
  - Outcome: passed
  - Meeting: 2023-03-08
  source text: The first proposal considered by shareholders – approval of the sale by the Company of Rotor Riot, LLC and Fat Shark Holdings to Unusual Machines – was approved by a vote of 21,840,866 in favor, 1,674,705 against, 12,340,757 abstaining.
  evidence_url: https://www.sec.gov/Archives/edgar/data/748268/000155479523000057/0001554795-23-000057-index.htm

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