Articles from RedCloud Holdings plc

Increased momentum across key metrics, led by 135% YoY growth in 2024 revenue

LONDON, April 10, 2025 (GLOBE NEWSWIRE) -- Trading platform company RedCloud Holdings plc ("RedCloud" or the "Company") has announced the launch of its innovative Red101 agentic AI technology providing intuitive trading intelligence to its platform in fast growth commerce markets. This and two new insight-based tools described below are designed to empower brands, distributors, and retailers in emerging markets - leveraging AI-driven insights and recommendations - to enable business decision making for growth and profitability.

LONDON, March 24, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RedCloud” or the “Company”), today announced the closing of its initial public offering of 4,444,445 of its ordinary shares at a public offering price of $4.50 per share (the “Offering”). The gross proceeds of the Offering are approximately $20 million before deducting underwriting discounts and offering expenses.

LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RedCloud” or the Company), today announced the pricing of its initial public offering of 4,444,445 of its ordinary shares at a public offering price of $4.50 per share (the “Offering”). RedCloud has granted the underwriters a 30-day option to purchase up to an additional 666,666 ordinary shares from RedCloud to cover over-allotments in connection with the Offering. The gross proceeds of the Offering are expected to be approximately $20 million before deducting underwriting discounts and offering expenses, assuming no exercise of the over-allotment option. The Offering is expected to close on March 24, 2025, subject to the satisfaction of customary closing conditions.