secwatch.observer — SEC 8-K summary
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Issuer:     Red Cat Holdings, Inc. (RCAT)
CIK:        0000748268
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001628280-26-022154
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Cat acquires Quaze Technologies for ~$25M in stock, plus $5M earnout
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- Red Cat subsidiary to buy all shares of Quaze Technologies; closing consideration ~$25M in RCAT common stock.
- Earnout of up to $5M in RCAT stock tied to integration, revenue, and gross margin thresholds.
- Closing subject to regulatory approvals, Nasdaq listing maintenance, and other customary conditions by Dec 31, 2026.
- Purchase includes holdback amounts (adjustment and indemnity) from consideration to cover post-closing adjustments.
- Quaze provides drone/robotic solutions; deal aims to expand Red Cat's defense and national security offerings.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/748268/000162828026022154/0001628280-26-022154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/748268/000162828026022154/rcat-20260330.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-022154

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