# Red Cat Proposes Acquisition of Steyr Motors for 39 Euros Per Share

- URL: https://stocks.freetheai.org/news/red-cat-proposes-acquisition-of-steyr-motors-for-39-euros-per-share-e1afcb
- Published: 2026-10-19T07:41:34Z
- Category: mergers; sentiment: mixed; impact: high
- Symbols: [NASDAQ:RCAT](https://stocks.freetheai.org/symbols/NASDAQ-RCAT), [XETR:4X0](https://stocks.freetheai.org/symbols/XETR-4X0)
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Red Cat Holdings Inc (NASDAQ:RCAT) has submitted a proposed voluntary public offer to buy all outstanding shares of Steyr Motors AG (XETR:4X0) for 39 euros per share in cash. The buyout offer represents a 28.9% premium over Steyr Motors' closing stock price on October 16, 2026, a 27.3% premium to its 30-day volume-weighted average price, and a 55.8% premium to its 52-week low. Following the announcement, Steyr Motors shares jumped 19.50% to 36.16 euros, while Red Cat shares declined 3.67% to 4.72 dollars.

Steyr Motors, based in Austria, manufactures specialized engines designed for defense and civilian uses. The acquisition would give Red Cat direct access to Steyr's engineering personnel, customer network, and marine engine technology. Red Cat Chief Executive Officer Jeff Thompson highlighted that the transaction aims to invest in Steyr's existing Austrian operations while supplying extra resources and customer access to boost growth.

Investors will be watching for regulatory approvals and official shareholder acceptance of the proposed cash offer. Market participants will also monitor how Red Cat plans to integrate Steyr Motors' engine manufacturing capabilities and whether the combined entity generates expanded international demand across defense sectors.

## Key points

- Red Cat Holdings Inc proposed a cash offer of 39 euros per share to acquire all outstanding shares of Steyr Motors AG.
- The proposal offers a 28.9% premium over Steyr Motors' October 16, 2026 closing price and a 55.8% premium to its 52-week low.
- Steyr Motors AG manufactures customized engines for mission-critical defense and civilian applications.
- Steyr Motors shares rose 19.50% to 36.16 euros following the announcement, while Red Cat Holdings fell 3.67% to 4.72 dollars.

## Questions and answers

### What is Red Cat offering to acquire Steyr Motors AG?

Red Cat proposed a voluntary public takeover offer to purchase all outstanding shares of Steyr Motors AG for 39 euros per share in cash.

### What premium does the buyout offer represent?

The 39 euros per share cash offer represents a 28.9% premium over Steyr Motors' closing price on October 16, 2026, and a 55.8% premium to its 52-week low.

### What does Steyr Motors AG do?

Steyr Motors AG is an Austrian company that manufactures customized engines for mission-critical defense and civilian applications.