Red Cat Holdings to Ring Closing Bell of Nasdaq Stock Market on May 26, 2021

Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a hardware enabled software provider to the drone industry, announced that its Chief Executive Officer, Jeff Thompson, will ring the Nasdaq Closing Bell on Wednesday May 26, 2021 in celebration of Red Cat’s recent listing on Nasdaq. The ceremony will begin at 3:45 PM EST in Nasdaq’s broadcast studio and can be viewed live at https://www.nasdaq.com/marketsite/bell-ringing-ceremony

“We are honored to be a part of the closing bell ceremony to celebrate our listing on Nasdaq,” stated Mr. Thompson. “We believe that the drone industry will continue to experience significant growth over the next decade, and that Red Cat is well positioned to provide the software solutions and hardware technology to support that growth.”

About Red Cat Holdings, Inc.

Red Cat provides products, services and solutions to the drone industry through its four wholly-owned subsidiaries. Fat Shark Holdings is the leading provider of First Person View (FPV) video goggles to the drone industry. Rotor Riot, LLC is a leader in the sale of FPV drones and equipment, primarily to the consumer marketplace through its digital storefront located at www.rotorriot.com.

Rotor Riot enjoys high visibility in social media through its Facebook page and its sponsorship of a professional drone racing team that has won numerous championships. Skypersonic provides software and hardware solutions that enable drones to complete inspection services in locations where GPS is not available, yet still, record and transmit data even while being operated from thousands of miles away. Red Cat Propware is developing a Software-as-a-Solution (“SaaS”) platform to provide drone flight data analytics and storage, as well as diagnostic products and services.

Learn more at https://www.redcatholdings.com/.

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