Red Cat Holdings announced on 19 October 2026 that its Austrian subsidiary SMOT Acquisition GmbH intends to launch a voluntary cash tender OfferDefinition The offer is another name for the ask: the price at which a seller is willing to sell and at which a buyer can transact. In a two-way quote, the offer is...Read More for all shares of Steyr Motors at €39 per share. Steyr Motors said the offer represents a 28.9% PremiumThe upper half of a measured dealing range. In this framework, it is an area to prefer sells when the broader bearish idea is valid.Read More to its 16 October Xetra closing PriceThe most recent agreement between a buyer and a seller. It is not a prediction; it is the market’s latest handshake.Read More. The proposed offer is conditional, including a minimum acceptance threshold that would give Red Cat at least 50% plus one share. The companies have not announced a completed acquisition.
US defence technology company Red Cat has reportedly proposed a tender offer of €39 per share to acquire Austria's Steyr Motors. The proposed deal could expand Red Cat's presence in European defence and industrial technology markets. Investors are monitoring shareholder acceptance, regulatory approvals and the potential impact on both companies' future operations.
