StockWatch
·
Computer Software: Programming, Data Processing
OtherJun 2, 2026, 04:23 PM

RedCloud Holdings plc Files F-1/A for Resale of Up to 10M Shares

AI Summary

RedCloud Holdings plc (RCT) has filed an F-1/A registration statement amendment on June 2, 2026, detailing the potential resale of up to 10,000,000 ordinary shares by selling shareholders. These shares could be issued upon the conversion of convertible notes held by 3i, LP and Alto Opportunity Master Fund. The company, which operates the RedAI infrastructure for FMCG product trading, reported approximately $48.5 million in revenue for the year ended December 31, 2025. The filing also notes the appointment of Raju Datla as CFO and provides details on shareholding.

Key Highlights

  • RedCloud Holdings plc filed an F-1/A registration statement amendment on June 2, 2026.
  • The filing relates to the potential resale of up to 10,000,000 ordinary shares by selling shareholders.
  • These shares may be issued upon conversion of Senior Convertible Notes held by 3i, LP and Alto Opportunity Master Fund, SPC.
  • RedCloud Holdings plc operates the RedAI infrastructure for FMCG product trading in multiple countries.
  • For the year ended December 31, 2025, the company generated revenue of approximately $48.5 million.
  • The company's ordinary shares are listed on Nasdaq under the symbol "RCT".
  • As of May 28, 2026, there were 59,362,026 ordinary shares outstanding.
  • Raju Datla entered into an employment agreement as Chief Financial Officer on May 14, 2026.