Red Cat Holdings Sells All Securities In Unusual Machines To Third Party Investors; Enters Exchange Agreement For Series A Convertible Preferred Stock And $4M Promissory Notes With Extended Maturity; Investors May Require Repayment Or Conversion Based On Financing And Default Events
$RCAT
$UMAC
Computer Software: Prepackaged Software
Technology
Radio And Television Broadcasting And Communications Equipment
Technology
Red Cat Holdings Sells All Securities In Unusual Machines To Third Party Investors; Enters Exchange Agreement For Series A Convertible Preferred Stock And $4M Promissory Notes With Extended Maturity; Investors May Require Repayment Or Conversion Based On Financing And Default Events