Core Viewpoint - A class action lawsuit has been filed against Red Cat Holdings, Inc. for allegedly making false statements regarding its production capacity and contract values, leading to significant stock price declines during the class period from March 18, 2022, to January 15, 2025 [1][3]. Company Overview - Red Cat Holdings, Inc. operates in the drone industry, providing products and solutions, including the "Teal 2" drone designed for military operations [2]. Allegations and Financial Performance - The lawsuit claims that Red Cat overstated the production capacity of its Salt Lake City facility, which was revealed to be only capable of producing 100 drones per month, with potential future capacity of 1,000 drones per month contingent on further investments [4]. - On September 23, 2024, Red Cat reported a loss per share of $0.17, missing estimates by $0.09, and revenue of $2.8 million, missing estimates by $1.07 million, which led to a stock price drop of over 25% [5]. - A report published by Kerrisdale Capital on January 16, 2025, alleged that the SRR contract was smaller and less favorable than previously indicated, resulting in a stock price decline of more than 21% over two trading sessions [6].

Core Viewpoint - A securities class action lawsuit has been filed against Red Cat Holdings, Inc. for alleged misrepresentations regarding its production capacity and contract value, leading to significant financial harm for investors [1][7]. Group 1: Lawsuit Details - The lawsuit is on behalf of all persons or entities who purchased Red Cat securities [1]. - The class period for the lawsuit is from March 18, 2022, to January 15, 2025, with a lead plaintiff deadline of July 22, 2025 [7]. - Allegations include misrepresentations about the production capacity of the Salt Lake City Facility and the overall value of the SRR Contract with the U.S. Department of Defense [7]. Group 2: Key Events Timeline - On July 27, 2023, Red Cat disclosed that the Salt Lake City Facility could only produce 100 drones per month, leading to an 8.93% stock drop to $1.02 on July 28, 2023 [7]. - On September 23, 2024, the company reported a Q1 FY2025 loss of $0.17 per share and revenue of $2.8 million, resulting in a 25.32% stock decline to $2.36 on September 25, 2024 [7]. - On November 19, 2024, Red Cat announced winning the SRR Contract, claiming potential revenues of $50–79.5 million for FY2025 [7]. - On January 16, 2025, a report from Kerrisdale Capital estimated the SRR Contract value at $20–25 million, causing the stock to fall 21.54% to $8.56 on January 17, 2025 [7]. Group 3: Impact of Allegations - The lawsuit claims that investors suffered significant financial harm due to alleged false or misleading statements made by Red Cat [7]. - Stock price declines are linked to corrective disclosures regarding the company's production capabilities and contract valuations [7].

Group 1 - The individual has over 30 years of experience as a Merchant Seaman and has developed a strong interest in investing over the last 15 years [1] - The individual has learned a significant amount about investing from The MF and has a background in engineering, leading to a focus on Tech stocks [1] Group 2 - There are no stock, option, or similar derivative positions held by the individual in any mentioned companies, nor are there plans to initiate such positions in the next 72 hours [1] - The article expresses personal opinions and is not compensated beyond Seeking Alpha [1]

Group 1 - The article discusses the potential for investing in undervalued stocks that are mispriced by the market as the third quarter begins [1] - It suggests that investors may consider joining a platform for insights on stock positioning [1] Group 2 - There is a mention of a potential long position in a specific stock, RCAT, within the next 72 hours [2] - The article emphasizes that the opinions expressed are those of the author and not influenced by any compensation [2] Group 3 - The information provided is intended for informational purposes only and does not constitute a solicitation to buy or sell securities [3] - It highlights the importance of conducting personal research or consulting a financial advisor before making investment decisions [3] Group 4 - The article notes that past performance is not indicative of future results and does not provide specific investment recommendations [4] - It clarifies that the views expressed may not represent those of the entire platform and that the analysts may not be licensed or certified [4]

NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Red Cat Holdings, Inc. ("Red Cat Holdings, Inc." or the "Company") (NASDAQ: RCAT) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Red Cat Holdings, Inc. investors who were adversely affected by alleged securities fraud between March 18, 2022 and January 15, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com ...

Core Insights - Red Cat Holdings, Inc. (NASDAQ: RCAT) has experienced significant stock performance recently, driven by increased interest in AI defense companies and revitalized EU defense spending initiatives [1] Company Analysis - The company is positioned within the AI defense sector, which has seen a surge in interest and investment due to geopolitical factors and government spending [1] Industry Trends - The revitalization of defense spending in the EU, particularly influenced by political developments, is creating a favorable environment for companies in the defense technology space [1]

NEW YORK, July 14, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Red Cat Holdings, Inc. (NASDAQ: RCAT). Shareholders who purchased shares of RCAT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/red-cat-holdings-inc-loss-submission-form/?id=156348&from=4 CLASS PERIOD: March ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Red Cat Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 22, 2025, and the potential for compensation without out-of-pocket costs [1][2]. Group 1: Class Action Details - Investors who bought Red Cat securities between March 18, 2022, and January 15, 2025, may be eligible for compensation through a class action lawsuit [1][2]. - A class action lawsuit has already been filed, and interested parties must act by the lead plaintiff deadline [2][4]. - The lawsuit alleges that Red Cat made false and misleading statements regarding its production capacity and the value of its contracts, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. - The firm has achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time, and has consistently ranked highly in securities class action settlements since 2013 [3]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering funds for clients [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Red Cat Holdings, Inc. securities between March 18, 2022, and January 15, 2025, of the July 22, 2025, deadline to become a lead plaintiff in a class action lawsuit due to alleged misleading statements by the company [1][4]. Group 1: Class Action Details - Investors who purchased Red Cat securities during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by July 22, 2025, to serve as lead plaintiff [2]. - The lawsuit claims that Red Cat made false and misleading statements regarding its production capacity and the value of its contracts, leading to investor damages when the truth was revealed [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen has been recognized as a Titan of Plaintiffs' Bar by Law360, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3].

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Red Cat Holdings, Inc. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 22, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Red Cat securities between March 18, 2022, and January 15, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by July 22, 2025 [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Red Cat Holdings made false and misleading statements regarding the production capacity of its Salt Lake City Facility and the value of the SRR Program's Tranche 2 contract, leading to investor damages when the truth was revealed [4].