Red Cat proposes public purchase offer for Steyr Motors
Red Cat announced a proposed voluntary public purchase offer for Steyr Motors.
Story updates
05:02:14 AM UTC
SquawkNews
Proposed transaction represents a strategic investment in Austria and would support Steyr Motors’ long-term growth and Red Cat’s Blue Ops uncrewed surface vessel strategySALT LAKE CITY, Oct. 19, 2026 (GLOBE NEWSWIRE) -- Red Cat Holdings, Inc. NASDAQ:RCAT (“Red Cat” or the “Company”), a U.S.-based p…
05:02:38 AM UTC
SquawkNews
Red Cat announced a proposed voluntary public purchase offer to acquire all shares of Steyr Motors at €39.00 per share in cash, a 28.9% premium to Oct. 16, 2026, subject to approvals and a 50%+1 minimum acceptance.Material DetailsContext by AI AnalystThis is an early-stage M&A move aligning RCAT’s…
05:02:56 AM UTC
SquawkNews
Red Cat Announces Proposed Voluntary Public Purchase Offer for Steyr Motors >RCAT 4X0.XE
05:04:43 AM UTC
SquawkNews
Red Cat Proposes to Acquire Steyr Motors for EUR39.00/Shr in Cash >RCAT 4X0.XE
05:11:35 AM UTC
SquawkNews
Red Cat: Proposed Offer Represents 29% Premium to Steyr's Last Closing Price >RCAT
05:15:57 AM UTC
SquawkNews
Red Cat: B&C Has Agreed to Tender Shares Representing About 15% of Steyr's Share Capital Into Red Cat's Offer >RCAT