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Red Cat Holdings, Inc Announces Closing of Public Offering
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Red Cat Holdings, Inc Announces Closing of Public Offering
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Red Cat Holdings, Inc Announces Pricing of Public Offering
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(RCAT) - Red Cat Raises $60M Via Secondary Equity Offering At 37% Discount
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HUMACAO, Puerto Rico, July 16, 2021 /PRNewswire/
Red Cat Holdings, Inc. (NASDAQ: RCAT) ( Red Cat or the Company ) a technology provider to the drone industry, today announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company.
ThinkEquity, a division of Fordham Financial Management, Inc., is acting as the sole book-running manager for the offering.
The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.