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Red Cat Holdings Announces Voluntary Public Purchase Offer for Steyr Motors AG

Red Cat Holdings, through its wholly-owned subsidiary SMOT Acquisition GmbH, has entered into a Business Combination Agreement to acquire all outstanding shares of Steyr Motors AG, an Austrian company specializing in customized engines for defense and civil applications. The all-cash offer is EUR 39.00 per share, representing a 55.8% premium to Steyr's 52-week low and a 28.9% premium to the October 16, 2026 closing price. The transaction is supported by B&C Holding Österreich GmbH, Steyr Motors' anchor sharehold...

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Red Cat introduces Blue Ops B-Series uncrewed surface vessels

Red Cat introduced a B-Series portfolio of U.S.-designed and built uncrewed surface vessels through its Blue Ops maritime division. The 18-foot B-18 has completed sea trials and is available for orders ahead of its original schedule, while the 39-foot B-39 is in low-rate production and available for orders; the B-26 has advanced to full-rate production. The announcement discloses no orders, revenue, margins, financial guidance, or quantified financial impact.

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Red Cat Announces Proposed Voluntary Public Purchase Offer for Steyr Motors at EUR 39.00 per Share

Red Cat Holdings, Inc. (Nasdaq: RCAT) announced a proposed voluntary public purchase offer by a wholly owned subsidiary to acquire all outstanding shares of Steyr Motors AG for EUR 39.00 per share in cash. The offer price represents a 55.8% premium to Steyr's 52-week low, a 28.9% premium to the October 16, 2026 closing price, and a 27.3% premium to the 30-day volume-weighted average price. The offer is structured as a fully financed all-cash transaction and is supported by Steyr Motors' anchor shareholder B&C Ho...

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