<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <!-- Generated by Workiva -->
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001930171</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000748268</issuerCik>
      <issuerName>Red Cat Holding, Inc.</issuerName>
      <secFileNumber>001-40202</secFileNumber>
      <issuerAddress>
        <com:street1>15 Ave. Munoz Rivera</com:street1>
        <com:street2>Ste 2200</com:street2>
        <com:city>San Juan</com:city>
        <com:stateOrCountry>PR</com:stateOrCountry>
        <com:zipCode>00901-2510</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>833-373-3228</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Christopher Moe</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Merrill Lynch</name>
        <address>
          <com:street1>Restricted Securities</com:street1>
          <com:street2>1400 American Boulevard</com:street2>
          <com:city>Pennington</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08534</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>10000</noOfUnitsSold>
      <aggregateMarketValue>109050</aggregateMarketValue>
      <noOfUnitsOutstanding>99764256</noOfUnitsOutstanding>
      <approxSaleDate>09/29/2025</approxSaleDate>
      <securitiesExchangeName>NASQ</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>11/01/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Bonus</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>3577</amountOfSecuritiesAcquired>
      <paymentDate>11/01/2023</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>12/01/2023</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Bonus</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1174</amountOfSecuritiesAcquired>
      <paymentDate>12/01/2023</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>01/02/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Bonus</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1174</amountOfSecuritiesAcquired>
      <paymentDate>01/02/2024</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/01/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Bonus</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>1173</amountOfSecuritiesAcquired>
      <paymentDate>02/01/2024</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>02/16/2024</acquiredDate>
      <natureOfAcquisitionTransaction>Stock Bonus</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Red Cat Holdings. Inc.</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>2902</amountOfSecuritiesAcquired>
      <paymentDate>02/16/2004</paymentDate>
      <natureOfPayment>Compensation</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>08/20/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>89300</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>08/21/2025</saleDate>
      <amountOfSecuritiesSold>16833</amountOfSecuritiesSold>
      <grossProceeds>161247</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>08/25/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>100359.09</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>09/08/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>89027.36</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>09/11/2025</saleDate>
      <amountOfSecuritiesSold>30000</amountOfSecuritiesSold>
      <grossProceeds>303404.87</grossProceeds>
    </securitiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Christopher Moe</name>
        <address>
          <com:street1>124 Taylor Road</com:street1>
          <com:city>Portsmouth</com:city>
          <com:stateOrCountry>RI</com:stateOrCountry>
          <com:zipCode>02871</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Red Cat Holdings, Inc.</securitiesClassTitle>
      <saleDate>09/12/2025</saleDate>
      <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
      <grossProceeds>109627.33</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>Late filing due to Workiva delegation errors</remarks>
    <noticeSignature>
      <noticeDate>11/10/2025</noticeDate>
      <signature>Christopher Moe</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
