{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-23-000366","form_type":"8-K","ticker":"RCAT","cik":"0000748268","company_name":"Red Cat Holdings, Inc.","filed_at":"2023-12-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.940068+00:00","generated_at":"2026-06-07T15:51:04.344722+00:00","sec_items":["1.01","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Red Cat prices 16M-share public offering at $0.50/share; gross proceeds $8M","bullets":["16,000,000 shares priced at $0.50 per share; gross proceeds $8M, net proceeds ~$7.25M.","Underwriters granted 45-day option for up to 2,400,000 additional shares to cover over-allotments.","Proceeds to be used for general corporate purposes, working capital, and capital expenditures.","Offering expected to close December 11, 2023, subject to customary conditions.","ThinkEquity LLC acting as sole book-running manager for the offering."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-23-000366","json":"https://secwatch.observer/filing/0001554795-23-000366.json","markdown":"https://secwatch.observer/filing/0001554795-23-000366.md","text":"https://secwatch.observer/filing/0001554795-23-000366.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000366/0001554795-23-000366-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000366/rcat1207form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T15:51:04.344722+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":"dae21bf4be96f755c76f48abfcb6d3c2a4b337ab","claim":"Red Cat Holdings, Inc. entered into Underwriting Agreement with ThinkEquity LLC valued at aggregate of 16,000,000 shares of the Company's common stock, par value $0.001 per share, at a publi (effective 2023-12-06).","evidence_excerpt":"On December 6, 2023, Red Cat Holdings, Inc., a Nevada corporation (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with ThinkEquity LLC, as representative of the underwriters (the “ThinkEquity”), pursuant to which the Company agreed to sell to the underwriters in a firm commitment underwritten public offering (the “Offering”) an aggregate of 16,000,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at a public offering price of $0.50 per share.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479523000366/0001554795-23-000366-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"ThinkEquity LLC"},{"label":"Value","value":"aggregate of 16,000,000 shares of the Company's common stock, par value $0.001 per share, at a publi"},{"label":"Effective","value":"2023-12-06"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}