Red Cat say-on-pay fails; two directors elected despite majority withheld votes

Red Cat Holdings, Inc.

Say-on-pay advisory vote failed: 15.2M for, 21.3M against, 0.8M abstentions; did not receive majority of votes cast.
Directors Liuzza Jr. and Funk II received more withheld votes than 'for' votes (14.3M/22.9M and 14.6M/22.7M respectively).
Auditor ratification (KPMG) passed overwhelmingly: 70.4M for, 0.6M against, 0.4M abstentions.
34.2M broker non-votes on director elections and say-on-pay reflect significant uncast shares.

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