RedCloud Holdings plc

RedCloud Holdings plc announced a Data Access & Usage Framework with a major Indian distribution group in the apparel and footwear sector. This agreement provides RedCloud's RedAI infrastructure with access to a structured dataset representing approximately $35.05 million in transaction value across 300,000 transactions over seven years. The company believes this is a significant step for deploying its RAID intelligence engine in India, enabling early training of demand forecasting capabilities in new consumer goods categories. RedCloud continues to evaluate additional data agreements and expects this, combined with its India joint venture, to create a compounding intelligence loop.

RedCloud Holdings plc announced a joint venture agreement and a twenty-year platform license and infrastructure usage agreement with Dheer Marketing India. The partnership will establish RedCloud India Private Limited, with RedCloud holding a 51% stake, to deploy its RedAI infrastructure across India. The licensing agreement includes an annual commitment of $6,000,000, totaling up to $120,000,000 over the term, marking RedCloud's strategic entry into the Asian market.

RedCloud Holdings plc has signed a joint venture and a 20-year licensing agreement with Dheer Marketing India, valued at up to $120 million. This strategic partnership aims to deploy RedCloud's RedAI infrastructure across India, targeting a combined consumer-goods market opportunity of over $564 billion. RedCloud will hold a 51% stake in the newly formed RedCloud India Private Limited, marking its first entry into Asia and expansion beyond the FMCG sector.

RedCloud Holdings plc filed a preliminary prospectus for the resale of up to 50,000,000 ordinary shares by selling shareholders. The company also has agreements with Tumim Stone Capital LLC and Amiens Technology Investments LLC to potentially sell up to an aggregate of $30,000,000 in ordinary shares, from which it has already received $1.39 million. The filing highlights the company's RedAI infrastructure, which generated $48.5 million in revenue and $3.2 billion in TTV in 2025, and details recent management changes and warrant issuances. The company also noted a 'going concern' doubt in its financial reports.

RedCloud Holdings plc amended its senior convertible notes on June 15, 2026, in exchange for certain waivers from noteholders. The aggregate principal amount of the notes was adjusted from $4,347,826.08 to $4,987,489. Additionally, the conversion price for the notes was reduced to $0.57 per ordinary share.

RedCloud Holdings plc announced a new commercial agreement with a leading Nigerian beverage manufacturer to deploy its RedAI infrastructure across Lagos. This initial three-month engagement will scale from 2,500 to up to 100,000 retailers under a volume-based subscription model, marking a significant enterprise customer win in RedCloud's fastest-growing market, Nigeria, which saw 68% revenue growth in 2025. The company also highlighted its 2025 revenue of $48.5 million and $3.2 billion in total transaction value across RedAI, alongside up to $80 million in combined contracted joint venture and licensing infrastructure revenue from other markets.

RedCloud Holdings plc filed a preliminary prospectus for the offering of up to 50,000,000 ordinary shares by selling shareholders, including potential issuance of 25,000,000 shares each to Tumim Stone Capital and Amiens Technology Investments. The company may receive up to $30 million from these agreements, having already received $1.39 million. For the year ended December 31, 2025, RedCloud reported revenue of $48.5 million, a 4.4% increase, and TTV grew 31% to $3.2 billion. Raju Datla was appointed CFO with a $425,000 annual salary and 400,000 annual restricted share units. The company also issued warrants for 5,294,141 ordinary shares from a prior private placement. Despite operational growth, the company faces significant net losses and a going concern doubt, requiring additional capital within the next month.

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.

RedCloud Holdings plc (RCT) has filed an F-1 registration statement for the potential offering of up to 19,335,283 ordinary shares by selling stockholders. The offering comprises 5,000,000 ordinary shares and up to 14,335,283 shares issuable upon exercise of warrants. The company will not receive proceeds from the share sale but may benefit from warrant exercises. In recent developments, Raju Datla was appointed CFO with a compensation package including salary, bonus, and restricted share units. For the year ended December 31, 2025, RedCloud reported $48.5 million in revenue and $3.2 billion in TTV. The company is leveraging its RedAI infrastructure for AI-powered recommendations and predictions in FMCG supply chains across several countries.

RedCloud Holdings plc announced the operational launch of its previously announced $30 million joint venture with Kayanat in Saudi Arabia. This strategic move establishes RedCloud's operational footprint in the Kingdom, deploying its RedAI infrastructure and products to target the $68 billion FMCG market. The JV, structured at $6 million per year over five years, aligns with Saudi Arabia's Vision 2030 digitization pathway and its designation of 2026 as the Year of Artificial Intelligence, aiming to transfer AI capability and develop local technology talent.