RedCloud Holdings (RCT) Launches 11M Share IPO at $4-$6/sh

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Go back to RedCloud Holdings (RCT) Launches 11M Share IPO at $4-$6/sh

RedCloud Holdings Announces Launch of Initial Public Offering

January 21, 2025 10:10 AM EST

LONDON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (RedCloud), today announced it has launched its proposed initial public offering of 11,000,000 of its ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (SEC). The underwriters will have a 30-day option to purchase up to an additional 1,650,000 ordinary shares from RedCloud. The initial public offering price is currently expected to be between $4.00 and $6.00 per ordinary share. RedCloud intends to list its ordinary shares on the Nasdaq Capital Market under the ticker RCT.

RedCloud intends to use the net... More