Red Cat Holdings is trading 5.18% up at $8.93 on August 31, 2026, after regulatory filings disclosed BlackRock’s purchase of more than 11.2 million shares, representing a 9.15% stake valued at approximately $119.6 million.
- The investment strengthens institutional backing for Red Cat Holdings’ autonomous-defense growth story.
- Available ownership data confirms BlackRock as a major shareholder, supporting the filing’s significance.