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



    </own:filerInfo>
  </own:headerData>
  <own:formData>
    <own:issuerInfo>
      <own:issuerCik>0000748268</own:issuerCik>
      <own:issuerName>RED CAT HOLDINGS INC</own:issuerName>
      <own:secFileNumber>001-40202</own:secFileNumber>
      <own: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>00901-3228</com:zipCode>
      </own:issuerAddress>
      <own:issuerContactPhone>833-373-3228</own:issuerContactPhone>
      <own:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>ChristopherMoe</own:nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <own:relationshipsToIssuer>
        <own:relationshipToIssuer>Director</own:relationshipToIssuer>
      </own:relationshipsToIssuer>
    </own:issuerInfo>
    <own:securitiesInformation>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:brokerOrMarketmakerDetails>
        <own:name>Merrill Lynch</own:name>
        <own: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>
        </own:address>
      </own:brokerOrMarketmakerDetails>
      <own:noOfUnitsSold>20000</own:noOfUnitsSold>
      <own:aggregateMarketValue>210264.09</own:aggregateMarketValue>
      <own:noOfUnitsOutstanding>99764256</own:noOfUnitsOutstanding>
      <own:approxSaleDate>08/11/2026</own:approxSaleDate>
      <own:securitiesExchangeName>NASQ</own:securitiesExchangeName>
    </own:securitiesInformation>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>02/16/2024</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Stock Bonus</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>18324</own:amountOfSecuritiesAcquired>
      <own:paymentDate>02/16/2024</own:paymentDate>
      <own:natureOfPayment>Compensation</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>03/01/2024</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Stock Bonus</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>1174</own:amountOfSecuritiesAcquired>
      <own:paymentDate>03/01/2024</own:paymentDate>
      <own:natureOfPayment>Compensation</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:securitiesToBeSold>
      <own:securitiesClassTitle>Common</own:securitiesClassTitle>
      <own:acquiredDate>04/01/2024</own:acquiredDate>
      <own:natureOfAcquisitionTransaction>Stock Bonus</own:natureOfAcquisitionTransaction>
      <own:nameOfPersonfromWhomAcquired>Red Cat Holdings, Inc.</own:nameOfPersonfromWhomAcquired>
      <own:isGiftTransaction>N</own:isGiftTransaction>
      <own:amountOfSecuritiesAcquired>502</own:amountOfSecuritiesAcquired>
      <own:paymentDate>04/01/2024</own:paymentDate>
      <own:natureOfPayment>Compensation</own:natureOfPayment>
    </own:securitiesToBeSold>
    <own:nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</own:nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <own:noticeSignature>
      <own:noticeDate>08/11/2026</own:noticeDate>
      <own:signature>Christopher Moe</own:signature>
    </own:noticeSignature>
  </own:formData>
</own:edgarSubmission>
