Core Viewpoint - Robbins LLP has initiated a class action lawsuit on behalf of investors who acquired Red Cat Holdings, Inc. (NASDAQ: RCAT) securities during the specified period, alleging that the company misled investors regarding its production capacity and the value of its contracts [1][2]. Allegations - The complaint asserts that Red Cat Holdings failed to disclose that the production capacity of its Salt Lake City Facility was overstated and that the value of the U.S. Army's Short Range Reconnaissance Program (SRR) Contract was also exaggerated [2]. - Kerrisdale Capital's report indicated that the SRR Contract was valued between $20 million and $25 million, contrary to Red Cat's claims, and raised concerns about misleading information regarding the Salt Lake City Facility's production capacity [3]. Stock Impact - Following the release of Kerrisdale Capital's report on January 16, 2025, Red Cat's stock price dropped by $2.35 per share, representing a decline of 21.54%, closing at $8.56 per share on January 17, 2025 [3]. Class Action Participation - Shareholders interested in serving as lead plaintiffs in the class action have until July 22, 2025, to apply for this status, although participation is not required to be eligible for recovery [4]. Company Background - Robbins LLP has been recognized for its efforts in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Red Cat Holdings, Inc. due to allegations of misleading statements regarding the company's production capacity and contract values, which have led to significant stock price declines for investors [2][4][12]. Group 1: Allegations and Legal Actions - The complaint alleges that Red Cat and its executives violated federal securities laws by making false and misleading statements about the production capacity of the Salt Lake City Facility and the overall value of the SRR Contract [4][6]. - Investors who suffered losses from purchasing Red Cat securities between March 18, 2022, and January 15, 2025, are encouraged to discuss their legal rights with Faruqi & Faruqi [1][2]. - A federal securities class action has been filed against Red Cat, with a deadline of July 21, 2025, for investors to seek the role of lead plaintiff [2][14]. Group 2: Company Performance and Stock Impact - Red Cat's stock price fell by $0.10 per share (8.93%) to close at $1.02 on July 28, 2023, following disclosures about the actual production capacity of the Salt Lake City Facility being only 100 drones per month [8][7]. - On September 25, 2024, Red Cat's stock price dropped by $0.80 per share (25.32%) after the company reported losses per share of $0.17 and revenue of $2.8 million, missing consensus estimates [10][9]. - After Kerrisdale Capital published a report on January 16, 2025, alleging that the SRR Contract was worth only $20 million to $25 million, Red Cat's stock price fell by $2.35 per share (21.54%) to close at $8.56 on January 17, 2025 [12][13]. Group 3: Company Background and Initiatives - Red Cat was selected by the U.S. Department of Defense's Defense Innovation Unit to compete in the SRR Program, aimed at providing small, portable sUAS to U.S. Army platoons [5]. - The company has claimed that the SRR Contract could potentially generate hundreds of millions in revenue, with expectations of $50 million to $79.5 million in revenue during fiscal year 2025 [11].

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][6]. Group 1: Class Action 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 set for July 22, 2025 [6]. Group 2: Allegations and Financial Impact - Allegations include misrepresentations about the production capacity of the Salt Lake City Facility, which was revealed to only produce 100 drones per month instead of the expected 1,000 [6]. - The overall value of the SRR Contract with the U.S. Department of Defense was also misrepresented, with potential revenues claimed to be between $50 million and $79.5 million for FY2025, while estimates were later revised down to $20 million to $25 million [6]. - Significant stock price declines were noted, including an 8.93% drop to $1.02 on July 28, 2023, a 25.32% drop to $2.36 on September 25, 2024, and a 21.54% drop to $8.56 on January 17, 2025, following corrective disclosures [6]. Group 3: Legal Representation - Wolf Haldenstein Adler Freeman & Herz LLP, a law firm with over 125 years of experience in securities litigation, is representing the investors in this case [4]. - The firm emphasizes its commitment to justice for investors who have suffered financial harm due to misrepresented statements [4].

Core Viewpoint - D-Wave Quantum Inc. has experienced an 8% decline in the last month, attributed to the ongoing trade war between the U.S. and China, leading to mixed opinions among investors regarding the stock's potential [1] Company Overview - D-Wave Quantum's current stock price is $6.68, with a 52-week range between $0.75 and $11.95, and a price target of $8.42, indicating a potential upside of 26.85% [2][10] - The company has faced criticism for its high price-to-sales ratio of over 230, suggesting it may be overvalued relative to its fundamentals [11] Recent Developments - In late April, D-Wave completed a significant project with Davidson Technologies, which may enhance its marketability in the defense sector [3] - The project involved the physical assembly of a D-Wave Advantage2 annealing quantum system, marking the first such system built on-premises in Alabama [4] Strategic Importance - The partnership with Davidson is crucial as it supports secure quantum research for national defense applications, with the annealing quantum computer housed at Davidson's headquarters [5] - Once operational, the computer is expected to facilitate collaborative research with defense agencies and academic institutions, aiming to become a vital tool for the U.S. Department of Defense [6] Market Position and Technology - D-Wave's focus on annealing technology has faced skepticism, with some analysts suggesting that its advantages over classical computing are not yet proven [8] - The company has recently entered the race to develop alternative quantum computing technologies, such as gate-model systems, which are viewed as potentially more marketable [8] Future Outlook - The operational success of the annealing quantum computer in defense applications could significantly impact D-Wave's market position and investor confidence [9] - Analysts currently rate D-Wave Quantum as a Buy, but some believe there are better investment opportunities available [14]

Group 1 - The Portnoy Law Firm has initiated an investigation into D-Wave Quantum Inc. for possible securities fraud and may file a class action on behalf of investors [1][3] - Block & Leviton LLP is also investigating D-Wave Quantum Inc. following a report by Kerrisdale Capital, which questions the credibility of D-Wave's technology and claims it is more of a marketing strategy than a genuine advancement in quantum computing [3] - D-Wave Quantum's stock experienced a decline of up to 6% during intraday trading after the release of the Kerrisdale Capital report [3] Group 2 - The Portnoy Law Firm offers a complimentary case evaluation for investors seeking to recover losses and encourages them to contact attorney Lesley F. Portnoy [2][4] - The founding partner of the Portnoy Law Firm has successfully recovered over $5.5 billion for aggrieved investors [4]