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RCAT Investor News: Rosen Law Firm Encourages Red Cat Holdings, Inc. Investors to Inquire About Securities Class Action Investigation - RCAT

1. Rosen Law Firm investigates RCAT for allegedly misleading business information. 2. Kerrisdale report criticizes RCAT's inflated market cap expectations. 3. RCAT stock fell 15% following the negative report. 4. Class action offers investors compensation, heightening legal uncertainty.

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FAQ

Why Bearish?

The lawsuit investigation and negative report undermine investor confidence, as seen when legal issues triggered sharp declines in other stocks.

How important is it?

The legal investigation and significant stock drop indicate considerable short-term impact on RCAT's price.

Why Short Term?

Immediate market reaction, similar to previous class action news, suggests near-term volatility.

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NEW YORK, Feb. 22, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Red Cat Holdings, Inc. (NASDAQ: RCAT) resulting from allegations that Red Cat may have issued materially misleading business information to the investing public. So What: If you purchased Red Cat securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses. What to do next: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=34624 https://rosenlegal.com/submit-form/?case_id=28937or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. What is this about: On January 16, 2025, Kerrisdale Capital published a report about Red Cat. In this report, Kerrisdale stated that it was "short shares of Red Cat Holdings, a $1 billion drone manufacturer that's added more than $900 million in market capitalization over the last 9 months mostly in anticipation of an award for the production of the US Army's short range reconnaissance (SRR) drone and the supposedly massive market opportunity unlocked by such a high-profile endorsement. But expectations for both the SRR contract size and the potential for follow-on sales bear almost no relationship to reality." On this news, Red Cat's common stock fell $1.55 per share, or 15%, to close at $8.56 per share on January 17, 2025. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/. Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq.Phillip Kim, Esq.The Rosen Law Firm, P.A.275 Madison Avenue, 40th FloorNew York, NY 10016Tel: (212) 686-1060Toll Free: (866) 767-3653Fax: (212) 202-3827[email protected]www.rosenlegal.com SOURCE THE ROSEN LAW FIRM, P. A.

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