{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-23-000213","form_type":"8-K","ticker":"RCAT","cik":"0000748268","company_name":"Red Cat Holdings, Inc.","filed_at":"2023-07-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.589640+00:00","generated_at":"2026-06-13T08:30:38.506913+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Red Cat Holdings amends sale of consumer drone business; extends closing to Sept 30, 2023","bullets":["Termination date extended from June 12, 2023 to September 30, 2023.","Escrow requirement replaced with lockup of 100,000 Unusual shares (or $500K at IPO) for indemnification.","Unusual Machines to register 300,000 shares for Red Cat within 120 days post-closing; effective within 180 days.","Unusual to reimburse Red Cat up to $100,000 for documented legal and out-of-pocket expenses.","Red Cat agrees to 180-day lock-up on shares received from the transaction."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-23-000213","json":"https://secwatch.observer/filing/0001554795-23-000213.json","markdown":"https://secwatch.observer/filing/0001554795-23-000213.md","text":"https://secwatch.observer/filing/0001554795-23-000213.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000213/0001554795-23-000213-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000213/rcat0712form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T08:30:38.506913+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1a07d38a12b88fa935f496e1a042a755a58bc83e","claim":"Red Cat Holdings, Inc. amended Amendment No. 2 to SPA (the “Second Amendment”) with Unusual Machines, Inc. and Jeffrey Thompson (effective 2023-07-10).","evidence_excerpt":"On July 10, 2023, the parties entered into Amendment No. 2 to SPA (the “Second Amendment”). Under the Second Amendment the parties agreed to extend the termination date of the SPA until September 30, 2023 and remove the requirement that the Principal","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000213/0001554795-23-000213-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Unusual Machines, Inc. and Jeffrey Thompson"},{"label":"Effective","value":"2023-07-10"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}