Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud and unlawful business practices by Red Cat Holdings, Inc. and its officers or directors [1] Group 1: Allegations and Investigations - Kerrisdale Capital published a report alleging that Red Cat has overstated the revenue potential of its U.S. Army Short Range Reconnaissance drone contract and lacks the production capacity to fulfill its commitments [2] - The report also highlights concerns regarding the timing of executive departures and insider transactions that occurred shortly after the SRR contract announcement [2] Group 2: Market Reaction - Following the news of the allegations, Red Cat's stock price dropped by $2.36 per share, representing a decline of 21.63%, closing at $8.55 per share on January 17, 2025 [3]

Company Overview - Red Cat Holdings, Inc. is a drone technology company that integrates robotic hardware and software for military, government, and commercial operations [5] - The company operates through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, and has developed a Family of Systems including the Black Widow™, TRICHON™, and FANG™ [5] Upcoming Presentation - CEO Jeff Thompson will present at TD Cowen's 46th Annual Aerospace & Defense Conference on February 12, 2025, discussing the latest advancements in drone technology and strategic initiatives [1][2] - The presentation is scheduled from 1:20 PM to 2:00 PM ET at The Ritz-Carlton, Pentagon City in Arlington, VA [2] Conference Details - The TD Cowen's 46th Annual Aerospace & Defense Conference will take place from February 11-13, 2025, featuring industry leaders in presentations, fireside chats, and panel discussions [3] - The event aims to highlight key trends shaping the aerospace and defense industries [3]

SAN JUAN, Puerto Rico, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat") ("Red Cat"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced that its Chief Executive Officer, Jeff Thompson, will present at TD Cowen’s 46th Annual Aerospace & Defense Conference on Wednesday, February 12, 2025. Thompson’s presentation is scheduled from 1:20 PM to 2:00 PM ET in Track 2 (Salon II, Conference Level ...

SAN JUAN, Puerto Rico, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, will host an Investor and Analyst Day on Thursday, February 27 from 11:00 a.m. - 1:00 p.m. eastern time at the Nasdaq MarketSite in New York City. The event will feature presentations by Jeff Thompson, Red Cat’s CEO; Geoffrey Hitchcock, Red Cat’s chief revenue offi ...

PLEASE CLICK HERE TO PROVIDE YOUR CONTACT INFORMATION NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP ("Wolf Haldenstein"), a preeminent national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or the "Company"). The investigation concerns whether Red Cat Holdings, Inc. and certain of its officers and/or directors have engaged in securities fraud. PLEASE CLICK HERE TO ...

SAN JUAN, Puerto Rico, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (NASDAQ:RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced it has secured new orders for its Edge 130 drone from the Army National Guard and another U.S. Government Agency (OGA), totaling $518,000. FlightWave, a leading provider of VTOL drone, sensor and software solutions was acquired by Red Cat in Septembe ...

NEW YORK, Jan. 21, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Red Cat Holdings, Inc. ("Red Cat" or the "Company") (NASDAQ: RCAT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.The investigation concerns whether Red Cat and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On January 16, 2025 ...

RCAT ALERT: Levi & Korsinsky Reminds Investors of an Investigation Involving Possible Securities Fraud Violations by Red Cat Holdings, Inc. ...

RCAT ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Red Cat Holdings, Inc. investment ...

Did Red Cat Holdings, Inc. Mislead Investors? Shareholder Rights Advocates at Levi & Korsinsky Investigate - RCAT ...