Red Cat Holdings will host an Investor and Analyst Day on February 27, featuring executive presentations and a partnership update.
Quiver AI Summary
Red Cat Holdings, Inc. announced it will host an Investor and Analyst Day on February 27, 2025, at the Nasdaq MarketSite in New York City, featuring presentations from CEO Jeff Thompson, Chief Revenue Officer Geoffrey Hitchcock, and other executives. The event will also include a presentation by Robert Imig of Palantir Technologies on their strategic partnership with Red Cat. Registration is available on the company's website, and those unable to attend in person will receive a video recording afterward. Red Cat specializes in drone technology for military, government, and commercial use, with products like the Black Widow™ ISR system and other advanced UAVs through its subsidiaries.
Potential Positives
- Red Cat Holdings is hosting an Investor and Analyst Day, which can enhance investor relations and engagement.
- The event will feature key leadership presentations, highlighting the company’s strategic direction and growth potential.
- Robert Imig from Palantir Technologies will present on a strategic partnership, potentially bolstering Red Cat's credibility and market reach.
- Red Cat’s Family of Systems received recognition from the U.S. Army, indicating strong credibility in the defense technology sector.
Potential Negatives
- The press release includes numerous forward-looking statements, which indicates a level of uncertainty and risk associated with the company's future performance and operations.
- There is no mention of specific financial performance metrics or results from previous quarters, which may raise concerns among investors regarding the company's current financial health.
FAQ
What is the date and time of Red Cat's Investor and Analyst Day?
The Investor and Analyst Day will be held on February 27, 2025, from 11:00 a.m. to 1:00 p.m. eastern time.
Where will the Investor and Analyst Day take place?
The event will take place at the Nasdaq MarketSite in New York City.
Who will be presenting at the event?
Presentations will be made by CEO Jeff Thompson, Chief Revenue Officer Geoffrey Hitchcock, and other executives, including Robert Imig from Palantir Technologies.
How can I register for the event?
You can register for the event on the Investor Relations section of Red Cat's website.
Will the event be available to view later?
Yes, registrants not attending in person will receive a link to a video recording of the event after it concludes.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$RCAT Insider Trading Activity
$RCAT insiders have traded $RCAT stock on the open market 22 times in the past 6 months. Of those trades, 0 have been purchases and 22 have been sales.
Here’s a breakdown of recent trading of $RCAT stock by insiders over the last 6 months:
- GEORGE MICHAEL MATUS (CTO, Red Cat Holdings) has made 0 purchases and 5 sales selling 781,383 shares for an estimated $9,178,132.
- NICHOLAS REYLAND JR LIUZZA has made 0 purchases and 5 sales selling 628,928 shares for an estimated $6,243,376.
- JEFFREY M THOMPSON (Chairman of the Board, CEO) has made 0 purchases and 3 sales selling 500,000 shares for an estimated $5,737,057.
- LEAH LUNGER (Chief Financial Officer) has made 0 purchases and 2 sales selling 524,798 shares for an estimated $4,997,200.
- JOSEPH DAVID FREEDMAN has made 0 purchases and 5 sales selling 102,228 shares for an estimated $1,194,786.
- GEOFFREY WAYNE HITCHCOCK (Chief Revenue Officer) has made 0 purchases and 2 sales selling 113,823 shares for an estimated $1,188,386.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$RCAT Hedge Fund Activity
We have seen 50 institutional investors add shares of $RCAT stock to their portfolio, and 22 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AIGH CAPITAL MANAGEMENT LLC removed 4,920,601 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $12,498,326
- VANGUARD GROUP INC added 877,481 shares (+61.8%) to their portfolio in Q3 2024, for an estimated $2,228,801
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 636,489 shares (+2763.5%) to their portfolio in Q3 2024, for an estimated $1,616,682
- MARSHALL WACE, LLP added 555,121 shares (+inf%) to their portfolio in Q3 2024, for an estimated $1,410,007
- APIS CAPITAL ADVISORS, LLC added 402,000 shares (+inf%) to their portfolio in Q3 2024, for an estimated $1,021,080
- EAM INVESTORS, LLC added 300,324 shares (+inf%) to their portfolio in Q3 2024, for an estimated $762,822
- RENAISSANCE TECHNOLOGIES LLC removed 232,600 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $590,804
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SAN JUAN, Puerto Rico, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. (Nasdaq: RCAT) ("Red Cat" or the "Company"), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, will host an Investor and Analyst Day on Thursday, February 27 from 11:00 a.m. - 1:00 p.m. eastern time at the Nasdaq MarketSite in New York City.
The event will feature presentations by Jeff Thompson, Red Cat’s CEO; Geoffrey Hitchcock, Red Cat’s chief revenue officer and other members of the executive leadership team. Robert Imig, Head of USG Research and Development at Palantir Technologies, Inc. (Nasdaq: PLTR) will also present a roadmap for its recently announced strategic partnership with RedCat.
Registration for the event is available on the Investor Relation’s section of Red Cat’s website https://redcat.red/investor-day/ . Registrants that are not attending in person will be emailed a link to a video recording of the event once it is available.
About Red Cat Holdings, Inc.
Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed-wing VTOL for extended endurance and range, and FANG™, the industry's first line of NDAA-compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red .
Forward Looking Statements
This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will" "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.
Contact:
INVESTORS:
E-mail: [email protected]
NEWS MEDIA:
Phone: (347) 880-2895
Email:
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