AIGH Capital Management Discloses 5.03M Shares in Red Cat Holdings

TL;DR

**AIGH Capital Management still holds over 5 million shares of Red Cat Holdings.**

AI Summary

AIGH Capital Management, LLC, a Maryland-based entity, filed an amended Schedule 13G/A on February 7, 2024, disclosing its beneficial ownership in Red Cat Holdings, Inc. As of December 31, 2023, AIGH Capital Management holds sole voting and dispositive power over 5,026,104 shares of Red Cat Holdings' common stock. This filing indicates a significant institutional stake, which can influence the stock's perception and potentially its trading volume.

Why It Matters

This filing shows a major institutional investor's continued significant stake in Red Cat Holdings, which can signal confidence or influence future corporate actions.

Risk Assessment

Risk Level: low — This is an amendment to a passive ownership filing, indicating no immediate change in control or strategy, thus posing low risk.

Analyst Insight

Investors should note the continued significant institutional ownership by AIGH Capital Management, LLC, which could be a factor in long-term stability or potential future activist involvement, though this filing itself is passive.

Key Numbers

• 5,026,104 — Shares Beneficially Owned (Represents the total number of shares of Red Cat Holdings, Inc. common stock AIGH Capital Management, LLC has sole voting and dispositive power over as of December 31, 2023.)
• December 31, 2023 — Date of Event (The specific date that triggered the requirement for this Schedule 13G/A filing.)
• 75644T100 — CUSIP Number (The unique identification number for Red Cat Holdings, Inc.'s common stock.)

Key Players & Entities

• AIGH Capital Management, LLC (company) — the reporting person beneficially owning shares
• Red Cat Holdings, Inc. (company) — the issuer of the securities
• Orin Hirschman (person) — the individual associated with the filing entity
• 06 Technology (company) — an organization name associated with the subject company

Forward-Looking Statements

• AIGH Capital Management, LLC will maintain a significant stake in Red Cat Holdings, Inc. for the foreseeable future. (AIGH Capital Management, LLC) — medium confidence, target: December 31, 2024

FAQ

Key Financial Figures

• $0.001 — Inc. (Name of Issuer) Common Stock, $0.001 par value (Title of Class of Securiti

Filing Documents

• formsc13ga.htm (SC 13G/A) — 88KB
• 0001493152-24-005334.txt ( ) — 89KB

(a) above and Item 4 of each cover page

Item 2(a) above and Item 4 of each cover page. (d) Title of Class of Securities: Common Stock, $0.001 par value (e) CUSIP Number: 75644T100 ITEM 3: IF THIS STATEMENT IS FILED PURSUANT TO §§240.13D-1(B) OR 240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J); (k) Group, in accordance with §240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution: ___________________________. ITEM 4: OWNERSHIP. See Item s 5,6,7,8 and 9 of each cover page. ITEM 5: OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ITEM 6: OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. Not applicable. ITEM 7: IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BE

View Full Filing

View this SC 13G/A filing on SEC EDGAR