{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-001122","form_type":"8-K","ticker":"UMAC","cik":"0001956955","company_name":"Unusual Machines, Inc.","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.370399+00:00","generated_at":"2026-06-05T21:01:50.489079+00:00","sec_items":["2.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Unusual Machines completes $20M acquisition of Fat Shark and Rotor Riot from Red Cat","bullets":["Total consideration of $20M: $1M cash, $2M promissory note (8% interest, 18-month), $17M in stock (4.25M shares).","Red Cat now owns 48.66% of Unusual Machines post-closing; shares subject to 180-day lock-up.","Fat Shark and Rotor Riot had combined historical revenue of $5.8M for 12 months ending April 30, 2023 (+26.1% YoY).","Note bears 8% interest payable monthly; principal due at 18 months; convertible upon default.","Non-compete restricts Unusual Machines from selling certain drones to government entities for five years."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-001122","json":"https://secwatch.observer/filing/0001683168-24-001122.json","markdown":"https://secwatch.observer/filing/0001683168-24-001122.md","text":"https://secwatch.observer/filing/0001683168-24-001122.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1956955/000168316824001122/0001683168-24-001122-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1956955/000168316824001122/umac_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T21:01:50.489079+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":"cd75f2eba47be3ed65eeed1ab164fd5aa86b1b00","claim":"Unusual Machines, Inc. completed an acquisition involving Red Cat Holdings, Inc. for $20 million (closed 2024-02-16).","evidence_excerpt":"On February 16, 2024 (the \"Closing Date\"), Unusual Machines, Inc. (the \"Company\") acquired 100% of the equity of Fat Shark Holdings Ltd (\"Fat Shark\") and Rotor Riot LLC (\"Rotor Riot\") from Red Cat Holdings, Inc. (\"Red Cat\") in exchange for $20 million (the \"Purchase Price\") comprised of (i) $1.0 million in cash, (ii) a $2.0 million promissory note (the \"Note\") issued by the Company to Red Cat on the Closing Date, and (iii) $17.0 million of the Company’s common stock","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1956955/000168316824001122/0001683168-24-001122-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Red Cat Holdings, Inc."},{"label":"Consideration","value":"$20 million"},{"label":"Closing","value":"2024-02-16"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}