Quarterly report pursuant to Section 13 or 15(d)

Warrants

v3.19.2
Warrants
3 Months Ended
Jul. 31, 2019
Stockholders' Equity Note [Abstract]  
Warrants

Note 4 - Warrants

 

On May 15, 2019, as part of the Share Exchange Agreement, Red Cat issued 469,874 five-year warrants to purchase 469,874 shares of common stock at $0.324 per share. The value of these warrants were considered to be a nominal amount at the time of issuance.