{"id":416783,"date":"2021-01-19T08:42:21","date_gmt":"2021-01-19T13:42:21","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=416783"},"modified":"2021-01-19T08:42:21","modified_gmt":"2021-01-19T13:42:21","slug":"red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/","title":{"rendered":"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">ORLANDO, Fla.<\/span>, <span class=\"xn-chron\">Jan. 19, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0Red Cat Holdings, Inc. (OTCQB: RCAT) (&#8220;Red Cat&#8221; or the &#8220;Company&#8221;), a leading brand in the drone industry, announced the filing of an application to list its common shares on the NASDAQ Capital Market (&#8220;NASDAQ&#8221;).\u00a0 NASDAQ is the second largest stock market in the world based on the market capitalization of its listed companies.\u00a0 NASDAQ&#8217;s Capital Market provides a listing platform for growing, emerging technology companies.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1422643\/Red_Cat_NASDAQ.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1422643\/Red_Cat_NASDAQ.jpg\" title=\"\" alt=\"\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The Company will be required to meet financial and liquidity requirements, as well as other requirements related to corporate governance and disclosure, both initially and on a continuing basis.\u00a0 While the Company intends to satisfy the listing criteria, there is no assurance that NASDAQ will approve the Company&#8217;s application.<\/p>\n<p>&#8220;Our trading volume has increased substantially in 2021, and we believe that a listing on NASDAQ will further improve the liquidity of our stock&#8221; stated <span class=\"xn-person\">Jeffrey Thompson<\/span>, Chief Executive Officer.\u00a0 &#8220;Many of the leading technology companies in the world are listed on NASDAQ and we are excited at the prospect of joining them.&#8221;<\/p>\n<p>\n        <b>About Red Cat<br \/><\/b>Red Cat provides products, services and solutions to the drone industry through its three wholly owned subsidiaries.\u00a0 Fat Shark Holdings is the leading provider of First Person View (FPV) video goggles to the drone industry.\u00a0 Rotor Riot, LLC is a leader in the sale of FPV drones and equipment, primarily to the consumer marketplace through its digital storefront located at <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3040823-1&amp;h=3911965943&amp;u=http%3A%2F%2Fwww.rotorriot.com%2F&amp;a=www.rotorriot.com\" rel=\"nofollow noopener noreferrer\">www.rotorriot.com<\/a>.\u00a0 Rotor Riot enjoys high visibility in social media through its Facebook page and its sponsorship of a professional drone racing team which has won numerous championships.\u00a0 Red Cat Propware is developing a Software-as-a-Solution (&#8220;SaaS&#8221;) platform to provide drone flight data analytics and storage, as well as diagnostic products and services.<\/p>\n<p>\n        <b>Safe Harbor<br \/><\/b>The information provided in this press release may include forward-looking statements relating to future events or the future financial performance of the Company. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Words such as &#8220;anticipates,&#8221; &#8220;plans,&#8221; &#8220;expects,&#8221; &#8220;intends,&#8221; &#8220;will,&#8221; &#8220;potential,&#8221; &#8220;hope&#8221; and similar expressions are intended to identify forward-looking statements.\u00a0 These forward-looking statements are based upon current expectations of the Company and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties. Detailed information regarding factors that may cause actual results to differ materially from the results expressed or implied by statements in this press release relating to the Company may be found in the Company&#8217;s periodic filings with the Securities and Exchange Commission, including the factors described in the sections entitled &#8220;Risk Factors&#8221;, copies of which may be obtained from the SEC&#8217;s website at\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3040823-1&amp;h=1199100469&amp;u=http%3A%2F%2Fwww.sec.gov%2F&amp;a=www.sec.gov\" rel=\"nofollow noopener noreferrer\">www.sec.gov<\/a>. The parties do not undertake any obligation to update forward-looking statements contained in this press release.<\/p>\n<p>\n        <b>Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Chad Kapper<\/span><br \/>\n        <br \/>Phone: \u202a(818) 906-4701<br \/>E-mail:\u00a0<a target=\"_blank\" href=\"mailto:investors@redcat.red\" rel=\"nofollow noopener noreferrer\">investors@redcat.red<\/a><br \/>Website:\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3040823-1&amp;h=242051316&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D2939285-1%26h%3D2295627102%26u%3Dhttps%253A%252F%252Frotorriot.com%252F%26a%3Dhttps%253A%252F%252Frotorriot.com&amp;a=https%3A%2F%2Frotorriot.com\" rel=\"nofollow noopener noreferrer\">https:\/\/rotorriot.com<\/a>\u00a0<\/p>\n<p>\n        <b>Investor Relations Contact<br \/><\/b><br \/>\n        <span class=\"xn-person\">Dave Gentry<\/span>, CEO<br \/>RedChip Companies<br \/>(407) 491-4498<br \/><a target=\"_blank\" href=\"mailto:dave@redchip.com\" rel=\"nofollow noopener noreferrer\">dave@redchip.com<\/a><\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1161263\/Red_Cat_Holdings__Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1161263\/Red_Cat_Holdings__Logo.jpg\" title=\"Red Cat Holdings Logo (PRNewsfoto\/Red Cat Holdings, Inc.)\" alt=\"Red Cat Holdings Logo (PRNewsfoto\/Red Cat Holdings, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CL52396&amp;sd=2021-01-19\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market-301210566.html\">http:\/\/www.prnewswire.com\/news-releases\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market-301210566.html<\/a><\/p>\n<p>SOURCE  Red Cat Holdings, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CL52396&amp;Transmission_Id=202101190839PR_NEWS_USPR_____CL52396&amp;DateId=20210119\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire ORLANDO, Fla., Jan. 19, 2021 \/PRNewswire\/ &#8212;\u00a0Red Cat Holdings, Inc. (OTCQB: RCAT) (&#8220;Red Cat&#8221; or the &#8220;Company&#8221;), a leading brand in the drone industry, announced the filing of an application to list its common shares on the NASDAQ Capital Market (&#8220;NASDAQ&#8221;).\u00a0 NASDAQ is the second largest stock market in the world based on the market capitalization of its listed companies.\u00a0 NASDAQ&#8217;s Capital Market provides a listing platform for growing, emerging technology companies. The Company will be required to meet financial and liquidity requirements, as well as other requirements related to corporate governance and disclosure, both initially and on a continuing basis.\u00a0 While the Company intends to satisfy the listing criteria, there is no assurance that NASDAQ will approve &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Red Cat Holdings Files Application for Listing on NASDAQ Capital Market&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-416783","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Red Cat Holdings Files Application for Listing on NASDAQ Capital Market - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire ORLANDO, Fla., Jan. 19, 2021 \/PRNewswire\/ &#8212;\u00a0Red Cat Holdings, Inc. (OTCQB: RCAT) (&#8220;Red Cat&#8221; or the &#8220;Company&#8221;), a leading brand in the drone industry, announced the filing of an application to list its common shares on the NASDAQ Capital Market (&#8220;NASDAQ&#8221;).\u00a0 NASDAQ is the second largest stock market in the world based on the market capitalization of its listed companies.\u00a0 NASDAQ&#8217;s Capital Market provides a listing platform for growing, emerging technology companies. The Company will be required to meet financial and liquidity requirements, as well as other requirements related to corporate governance and disclosure, both initially and on a continuing basis.\u00a0 While the Company intends to satisfy the listing criteria, there is no assurance that NASDAQ will approve &hellip; Continue reading &quot;Red Cat Holdings Files Application for Listing on NASDAQ Capital Market&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-19T13:42:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1422643\/Red_Cat_NASDAQ.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market\",\"datePublished\":\"2021-01-19T13:42:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/\"},\"wordCount\":541,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1422643\\\/Red_Cat_NASDAQ.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\\\/\",\"name\":\"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market - 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(OTCQB: RCAT) (&#8220;Red Cat&#8221; or the &#8220;Company&#8221;), a leading brand in the drone industry, announced the filing of an application to list its common shares on the NASDAQ Capital Market (&#8220;NASDAQ&#8221;).\u00a0 NASDAQ is the second largest stock market in the world based on the market capitalization of its listed companies.\u00a0 NASDAQ&#8217;s Capital Market provides a listing platform for growing, emerging technology companies. The Company will be required to meet financial and liquidity requirements, as well as other requirements related to corporate governance and disclosure, both initially and on a continuing basis.\u00a0 While the Company intends to satisfy the listing criteria, there is no assurance that NASDAQ will approve &hellip; Continue reading \"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/","og_site_name":"Market Newsdesk","article_published_time":"2021-01-19T13:42:21+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1422643\/Red_Cat_NASDAQ.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market","datePublished":"2021-01-19T13:42:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/"},"wordCount":541,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1422643\/Red_Cat_NASDAQ.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/red-cat-holdings-files-application-for-listing-on-nasdaq-capital-market\/","name":"Red Cat Holdings Files Application for Listing on NASDAQ Capital Market - 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