secwatch.observer — SEC 8-K summary
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Issuer:     Red Cat Holdings, Inc. (RCAT)
CIK:        0000748268
Form:       8-K
Filed at:   2023-03-08T23:59:59+00:00
Accession:  0001554795-23-000057
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748268/000155479523000057/0001554795-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748268/000155479523000057/rcat0308form8k.htm
  HTML page:      https://secwatch.observer/filing/0001554795-23-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer