#USA #New York #Gross Law Firm #Red Cat Holdings #RCAT

Attention to Shareholders of Red Cat Holdings, Inc.

The Gross Law Firm, a prominent name in class action litigation, has announced an important deadline for shareholders of Red Cat Holdings, Inc. (NASDAQ: RCAT). If you purchased shares of RCAT between March 18, 2022, and January 15, 2025, you may be eligible to join a class action lawsuit against the company. The deadline for seeking to be appointed as the lead plaintiff is July 22, 2025. This notification serves as a pivotal reminder for those affected to take action promptly.

Background of the Lawsuit

This lawsuit has arisen due to allegations that Red Cat Holdings made materially false or misleading statements about its business operations and financial status. Specifically, the accusations include the overstating of production capacity at the Salt Lake City Facility and misrepresentation regarding the total value of the U.S. Army's Short Range Reconnaissance Program of Record Tranche 2 contract. Such claims suggest that the company’s public disclosures during the class period failed to convey critical information that could have significantly impacted shareholder decisions.

Importance of Participation

Shareholders are encouraged to register their claims with The Gross Law Firm, which offers robust monitoring of the case's progress. It's essential to note that registration is necessary for shareholders who wish to be considered for the role of lead plaintiff, although participation in the class action itself does not require this designation. It underscores the commitment to by the firm to protect investor interests.

Next Steps for Interested Shareholders

Once you register as a shareholder, you will gain access to portfolio monitoring software that will keep you updated on the case developments, ensuring that you are informed every step of the way. It is vital that shareholders act quickly, as the final date for registration is July 22, 2025. There are no fees or obligations attached to participating in this action, making it accessible for all affected investors.

Why Trust The Gross Law Firm?

The Gross Law Firm is recognized nationally for its dedication to defending the rights of investors. They specialize in holding corporations accountable for fraudulent practices that lead to financial losses for shareholders. Their mission is to ensure that companies are transparent and adhere to responsible operating standards. By engaging with The Gross Law Firm, investors join a collective effort to seek justice and recover losses incurred due to deceptive corporate actions.

For immediate registration, you can visit the following link: Red Cat Holdings Loss Submission Form

In conclusion, it’s crucial for shareholders of Red Cat Holdings, Inc. to understand the implications of the lawsuit and act before the deadline. Your action could be pivotal in achieving a fair outcome in this impending legal battle.

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Contact Information:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903