PR Newswire
SAN DIEGO
, Aug. 12, 2025 /PRNewswire/ — The Shareholders Foundation, Inc. announced that a lawsuit was filed for certain investors in shares of Red Cat Holdings, Inc. (NASDAQ: RCAT).
Investors who purchased shares of Red Cat Holdings, Inc. (NASDAQ: RCAT) prior to March 2022 and continue to hold any of those NASDAQ: RCAT shares, also have certain options and should contact the Shareholders Foundation at [email protected] or call +1(858) 779 – 1554.
On May 23, 2025, an investor in NASDAQ: RCAT shares filed a lawsuit against Red Cat Holdings, Inc. over alleged securities laws violations. The plaintiff alleged that the defendants made false and/or misleading statements and/or failed to disclose that the Salt Lake City Facility’s production capacity, and Defendants’ progress in developing the same, was overstated, that the overall value of the SRR Contract was overstated, and that as a result, Defendants’ public statements were materially false and misleading at all relevant times.
Those who purchased shares of Red Cat Holdings, Inc. (NASDAQ: RCAT) should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
[email protected]
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
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SOURCE Shareholders Foundation, Inc.
