Red Cat Holdings, Inc.
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
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Unregistered Sales of Equity Securities and Use of Proceeds
ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
From the inception of our 2024 Equity Incentive Plan through March 31, 2025, we issued an aggregate of 1,720,000 shares of common stock pursuant to compensatory grants of restricted stock units and stock options to employees and consultants, which issuances were exempt from registration pursuant to Section 4(a)(2) of the Securities Act. Such restricted stock units generally vest annually, and such options vest annually.
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