Red Cat Holdings, Inc. Enters Business Combination Agreement to Acquire Steyr Motors AG for EUR 39.00 Per Share

On October 21, 2026, Red Cat Holdings entered into a Business Combination Agreement with its wholly owned subsidiary, SMOT Acquisition GmbH, and Steyr Motors AG. Ahead of the agreement, SMOT launched a voluntary public cash tender offer to acquire all of Steyr Motors; the article text cuts off before stating the number of shares or further terms.