<SEC-DOCUMENT>0001641172-25-027254.txt : 20250912
<SEC-HEADER>0001641172-25-027254.hdr.sgml : 20250912
<ACCEPTANCE-DATETIME>20250912173824
ACCESSION NUMBER:		0001641172-25-027254
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250912
DATE AS OF CHANGE:		20250912

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Red Cat Holdings, Inc.
		CENTRAL INDEX KEY:			0000748268
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		EIN:				880490034
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-40202
		FILM NUMBER:		251312559

	BUSINESS ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		15 AVE. MUNOZ RIVERA
		STREET 2:		STE 2200
		CITY:			SAN JUAN
		PROVINCE COUNTRY:   	PR
		BUSINESS PHONE:		833-373-3228

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		15 AVE. MUNOZ RIVERA
		STREET 2:		STE 2200
		CITY:			SAN JUAN
		PROVINCE COUNTRY:   	PR

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TimefireVR Inc.
		DATE OF NAME CHANGE:	20161121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EnergyTEK Corp.
		DATE OF NAME CHANGE:	20140723

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BROADLEAF CAPITAL PARTNERS INC
		DATE OF NAME CHANGE:	20040928

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Thompson Jeffrey M
		CENTRAL INDEX KEY:			0001397565
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		ADDRESS IS A NON US LOCATION: 	YES
		STREET 1:		5 SHELL CASTLE CLUB
		CITY:			PALMAS DEL MAR
		PROVINCE COUNTRY:   	PR
		ZIP:			00791
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Thompson Jeffrey M -->
          <cik>0001397565</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>


    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000748268</issuerCik>
      <issuerName>Red Cat Holdings, Inc.</issuerName>
      <secFileNumber>001-40202</secFileNumber>
      <issuerAddress>
        <com:street1>15 Ave. Munoz Rivera,</com:street1>
        <com:street2>Ste. 2200</com:street2>
        <com:city>San Juan,</com:city>
        <com:stateOrCountry>PR</com:stateOrCountry>
        <com:zipCode>00901-2510</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>833-373-3228</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Jeffrey M. Thompson</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director and CEO</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common stock</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Morgan Stanley</name>
        <address>
          <com:street1>1585 Broadway</com:street1>
          <com:city>New York,</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10036</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>750000</noOfUnitsSold>
      <aggregateMarketValue>8250000.00</aggregateMarketValue>
      <noOfUnitsOutstanding>99764256</noOfUnitsOutstanding>
      <approxSaleDate>09/12/2025</approxSaleDate>
      <securitiesExchangeName>Nasdaq Capital Marke</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <acquiredDate>05/15/2019</acquiredDate>
      <natureOfAcquisitionTransaction>Share exchange agreement</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>750000</amountOfSecuritiesAcquired>
      <paymentDate>05/15/2019</paymentDate>
      <natureOfPayment>Shares exchanged</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <remarks>In accordance with the procedures described in the interpretive letters from the staff of the Securities and Exchange Commission to Goldman Sachs &amp; Co., dated December 20, 1999, and to Bank of America, N.A., Merrill Lynch, Pierce, Fenner &amp; Smith Incorporated, dated December 1, 2011, on the date hereof, Jeffrey M. Thompson entered into a variable prepaid forward contract with Morgan Stanley Bank, N.A, an affiliate of the broker named on Side 1, Item 3(b), secured by up to 750,000 shares of common stock of Red Cat Holdings, Inc. (the "Issuer"). The actual number shares of common stock in the Issuer to be delivered by Mr. Thompson under the variable prepaid forward contract will be determined based on the volume weighted average price of the Issuer's common stock at settlement relative to an agreed forward floor price and forward cap price, with the aggregate number not to exceed 750,000 shares of common stock. Subject to certain conditions, Mr. Thompson can also elect to settle the varia</remarks>
    <noticeSignature>
      <noticeDate>09/12/2025</noticeDate>
      <signature>/s/ Jeffrey M. Thompson</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
