---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-003905"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:41:43.583339+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Red Cat raises ~$30M in registered direct offering of 4.7M shares at $6.35/share

## Summary
- Gross proceeds ~$30M from sale of 4,724,412 shares at $6.35 per share in registered direct offering.
- Offering expected to close April 11, 2025; net proceeds for general corporate purposes and working capital.
- Northland Capital Markets acts as exclusive placement agent; fee is 6.0% of gross proceeds.
- Officers and directors subject to 30-day lock-up on disposal or hedging of common stock.
- Shares sold under effective shelf registration statement on Form S-3 declared effective Dec 2024.

## SEC filing metadata
- accession: 0001641172-25-003905
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000164117225003905/0001641172-25-003905-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000164117225003905/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-003905
- JSON: https://secwatch.observer/filing/0001641172-25-003905.json
- Plain text: https://secwatch.observer/filing/0001641172-25-003905.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.