Red Cat Holdings Reveals Pricing for $150 Million Public Offering of Common Stock
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 17 2025
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Source: Globenewswire
Public Offering Announcement: Red Cat Holdings, Inc. has priced a public offering of 15,625,000 shares of common stock at $9.60 per share, aiming to raise approximately $150 million before expenses, with the offering expected to close on September 19, 2025.
Use of Proceeds: The company plans to utilize the net proceeds for general corporate purposes, including operating expenditures for its new unmanned surface vessel division.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
