🔴 Red Cat Holdings is trading 5.7% down today as dilution concerns linger from $225 million stock offering

Red Cat Holdings is trading 5.7% down at $7.58 as the stock continues to face pressure following a significant equity offering.

• The company recently priced a $225 million underwritten stock offering at $9.40 per share, introducing 23.9 million new shares and triggering dilution concerns.
• The move previously drove a 14% decline on the deal news, creating an ongoing overhang that is currently offsetting broader strength across the defense sector.
• Today's price action gives back a portion of the stock's strong 2026 rally.