** Red Cat Holdings' RCAT.O shares down 7.5% premarket to $6.89 after equity raise news
** San Juan, Puerto Rico-based drone technology co announces sale of ~4.7 mln shares directly to certain institutional investors for $30 mln gross proceeds
** Offering price of $6.35 represents ~15% discount to stock's last close
** Co intends to use net proceeds for general purposes, including working capital
** With ~85.6 mln shares outstanding, co has ~$638 mln market cap, per LSEG data
** In Nov, its flagship Black Widow drones were selected for the U.S. Army's short-range reconnaissance program
** RCAT shares closed at $4.90 on Nov 18, the day before co announced the Army contract win
** Through Weds close, shares off 42% YTD
** Northland Capital sole placement agent for the direct stock offering
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。