# Red Cat Offers €39-Per-Share for Steyr Motors

> Red Cat proposes €39-per-share cash deal for Steyr Motors to boost uncrewed maritime capabilities.
- Title: Red Cat Offers €39-Per-Share for Steyr Motors · TokenPost
- Summary: Red Cat proposes €39-per-share cash deal for Steyr Motors to boost uncrewed maritime capabilities. Red Cat Holdings offered €39 per share for Steyr Motors to…
- Keywords: red cat holdings, steyr motors, austria, uncrewed maritime, engine capacity, cash offer, maritime push, crypto, finance, Red, Cat, Offers
- Source: TokenPost — https://tokenpost.com/news/business/34661
- Published: 2026-10-19T07:59:21+00:00
- Read time: 1 min
- Topics: red cat holdings, steyr motors, austria, uncrewed maritime, engine capacity, cash offer, maritime push, crypto, finance
## Red Cat's Offer Details
Red Cat Holdings proposed a €39-per-share cash offer for all outstanding shares of Austria’s Steyr Motors to add engine capacity to its uncrewed maritime business.
## Offer Price and Conditions
The offer price is 28.9% above Steyr’s Oct. 16 closing price and 55.8% above its 52-week low, with completion requiring regulatory clearances in Austria, Italy, Australia, and the UK.
## Tender Period and Next Steps
Tender period begins after offer publication and ends Dec. 18, 2026, at 11 a.m. ET; Steyr plans to support the proposal after reviewing legal terms and obtaining board resolutions.
## Key takeaway

Red Cat Holdings offered €39 per share for Steyr Motors to expand its uncrewed vessel engine production.