---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-015576"
form_type: "8-K"
ticker: "RCAT"
cik: "0000748268"
company_name: "Red Cat Holdings, Inc."
filed_at: "2025-06-18T23:59:59+00:00"
generated_at: "2026-05-19T03:53:15.353586+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Red Cat raises $46.75M via 6.45M share offering at $7.25 per share

## Summary
- Raised ~$46.75M gross proceeds by issuing 6,448,276 shares at $7.25 each, closed June 18, 2025.
- Net proceeds for general corporate and working capital, including operating expenses for new unmanned surface vessel division.
- Northland Securities served as exclusive placement agent with a 6.0% cash fee on gross proceeds.
- Amended Lind Global note and warrants: waived 20% purchase right, removed cash conversion option and prepayment right.

## SEC filing metadata
- accession: 0001641172-25-015576
- form_type: 8-K
- ticker: RCAT
- cik: 0000748268
- company_name: Red Cat Holdings, Inc.
- filed_at: 2025-06-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/748268/000164117225015576/0001641172-25-015576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/748268/000164117225015576/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-015576
- JSON: https://secwatch.observer/filing/0001641172-25-015576.json
- Plain text: https://secwatch.observer/filing/0001641172-25-015576.txt

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