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Red Cat Holdings Approves Share Issuance to Lind Global

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Red Cat Holdings Approves Share Issuance to Lind Global

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The latest announcement is out from Red Cat Holdings ( (RCAT) ).

On June 18, 2025, Red Cat Holdings, Inc. held its Annual Meeting of Stockholders, where 50,411,836 shares were represented, constituting a quorum. During the meeting, five directors were elected to serve until the 2026 Annual Meeting, and the appointment of dbbmckennon as the independent registered public accounting firm for 2025 was ratified. Additionally, the issuance of shares to Lind Global Asset Management entities was approved.

The most recent analyst rating on (RCAT) stock is a Buy with a $9.00 price target. To see the full list of analyst forecasts on Red Cat Holdings stock, see the RCAT Stock Forecast page.

Spark’s Take on RCAT Stock

According to Spark, TipRanks’ AI Analyst, RCAT is a Neutral.

The overall stock score reflects mixed financial performance with strong revenue growth overshadowed by operational and cash flow issues. The positive sentiment from the earnings call, highlighting strategic advancements and potential growth opportunities, contributes significantly to the score, along with moderate positive technical signals.

To see Spark’s full report on RCAT stock, click here.

More about Red Cat Holdings

Average Trading Volume: 6,550,444

Technical Sentiment Signal: Buy

Current Market Cap: $718M

For an in-depth examination of RCAT stock, go to TipRanks’ Overview page.

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