{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-23-000251","form_type":"8-K","ticker":"RCAT","cik":"0000748268","company_name":"Red Cat Holdings, Inc.","filed_at":"2023-08-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.590225+00:00","generated_at":"2026-06-12T03:16:34.087082+00:00","sec_items":["1.01","8.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Red Cat enters $17M at-the-market equity facility with ThinkEquity","bullets":["ATM Sales Agreement with ThinkEquity LLC for up to $17M of common stock; commission 2.5% of gross proceeds.","ThinkEquity receives up to $75,000 expense reimbursement; total offering expenses estimated at $107,500.","Director Joseph Freedman appointed to audit committee, effective August 7, 2023.","Sales will be made through Nasdaq as at-the-market offerings; settlement typically T+2."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-23-000251","json":"https://secwatch.observer/filing/0001554795-23-000251.json","markdown":"https://secwatch.observer/filing/0001554795-23-000251.md","text":"https://secwatch.observer/filing/0001554795-23-000251.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000251/0001554795-23-000251-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000251/rcat0807form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T03:16:34.087082+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":"0fa02720f1fe2940d2cb7e304aa9358f2a28d7de","claim":"Red Cat Holdings, Inc. entered into Sales Agreement with ThinkEquity LLC valued at up to $17,000,000 (effective 2023-08-08).","evidence_excerpt":"On August 8, 2023, we entered into an ATM Sales Agreement (the “Sales Agreement”) with ThinkEquity LLC, as sales agent (the “Sales Agent”), pursuant to which we may issue and sell shares of our common stock, $0.001 par value per share, having an aggregate offering price of up to $17,000,000 (the “Shares”), from time to time through the Sales Agent (the “Offering”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000251/0001554795-23-000251-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"ThinkEquity LLC"},{"label":"Value","value":"up to $17,000,000"},{"label":"Effective","value":"2023-08-08"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}