Red cat holdings announces nasdaq acceptance of company's plan for holding annual meeting of shareholders

San juan, puerto rico, june 28, 2022 (globe newswire) -- red cat holdings, inc. (nasdaq: rcat) (the “company” or “red cat”), a hardware-enabled software provider to the drone industry, announces that nasdaq has accepted the company's plan to regain compliance with its rules regarding holding its annual meeting of shareholders. nasdaq's acceptance of red cat's plan allows the company to hold its annual meeting of shareholders by september 23, 2022 in order to regain compliance, and the company intends to meet this new deadline.
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