Top Financings of the Week

The Recap

The best information on capital raises and financing activity in under 5 minutes:

• Red Cat Holdings, Inc. (Nasdaq: RCAT) Drone technology company integrating robotic hardware and software for military, government, and commercial operations, has successfully closed a $30 million registered direct offering.

• Tiny Ltd. (TSXV: TINY) Closes $20 million bought deal to fund the purchase of 66% of global DJ software company, Serato.

• Nevada King Gold Corp. (TSXV: NKG) Upsizes previously announced private placement to $11.5 million, to advance the Company’s Atlanta Gold Mine Project.

Red Cat is a drone technology company integrating robotic hardware and software for military, government, and commercial operations has successfully closed a $30 million registered direct offering.

The Company intends to use net proceeds from the offering for general corporate purposes, including working capital.

Red Cat has developed a leading-edge Family of Systems. This includes the flagship Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance Program of Record contract. The Family of Systems also includes TRICHON™, a fixed wing VTOL for extended endurance and range, and FANG™, the industry's first line of NDAA compliant FPV drones optimized for military operations with precision strike capabilities.

Tiny is a Canadian holding company that acquires wonderful businesses using a founder-friendly approach. It focuses on companies with unique competitive advantages, recurring or predictable revenue streams, and strong free cash flow generation.

The Company recently completed a $20 million bought deal. The funds will be used to fund the purchase price of the acquisition of a 66.0% interest in Serato Audio Research Limited, a global DJ software company based in Auckland, New Zealand

Nevada King is focused on advancing and growing its 100% owned, past producing, 120km2 Atlanta Gold Mine project located along the Battle Mountain trend in southeast Nevada.

The Company recently announced an upsize to its private placement to $11.5 million, the funds will be used to advance the Company’s Atlanta Gold Mine Project.

Notable mining entrepreneur, Paul Matysek, is a Founder and the Company’s Executive Chairman.

Top Money Moves

Lead Investors

• Newsmax Media: $1,200,000,000 | Advertising | Lead Investor: YA II PN

• Lincoln Financial Group: $825,000,000 | Advice | Lead Investor: Bain Capital

• Oncolytics Biotech: $20,000,000 | Biotechnology | Lead Investor: Alumni Capital Management

• Nevada King: $8,510,000 | Mineral | Lead Investors: Collin Kettell, Gold Fund

• Immunic Therapeutics: $5,100,000 | Biotechnology | Lead Investor: Aberdeen Investments

• Leviathan Gold: $2,405,000 | N/A | Lead Investor: Michael Gentile

• Aspira Women's Health: $2,000,000 | Biotechnology | Lead Investor: TRITON FUNDS LLC

Do you know of any other lead investors who put capital into the markets this week? We would be happy to feature the transactions, send us an email at [email protected]