LONDON, July 03, 2025 (GLOBE NEWSWIRE) — RedCloud Holdings plc (RCT) or the Company, today unveiled a significant private placement, raising approximately $13.5 million in gross proceeds before placement agent fees and other expenses. The funding comes from a cohort of institutional and accredited investors committed to the company’s vision.
Adding further conviction to the round, the Company’s largest shareholder and a key director contributed an impressive $7.5 million.
Upon closing, expected around July 7, 2025, subject to standard closing conditions, RedCloud will issue 9,000,000 ordinary shares. Accompanying these shares will be warrants to purchase an additional 18,000,000 ordinary shares, all priced at $1.50 per share and accompanying warrant. These warrants become immediately exercisable and will expire five years from their issuance date.
Roth Capital Partners served as the exclusive placement agent for this private placement, with Clear Street acting as the financial advisor.
The securities offered in this private placement have not been registered under the Securities Act of 1933, as amended, or any applicable state securities laws. Consequently, these securities cannot be offered or sold in the United States unless they are registered or an exemption from registration requirements is available.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy any securities. There will be no sale of these securities in any state or jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of that state or jurisdiction.
About RedCloud Holdings plc
RedCloud operates its proprietary trading platform designed to streamline the exchange of everyday consumer supplies, particularly fast-moving consumer goods (FMCG) products, across business supply chains. The company addresses what it identifies as a long-standing challenge: unlocking and facilitating essential purchase and sales data flow between brands, distributors, and retailers in high-growth consumer markets. RedCloud’s AI-powered platform equips retailers with data-driven insights, enabling faster and more efficient business-to-business (B2B) purchasing and inventory management from brands and distributors by simplifying the complex decision-making process for vast product inventories.
Forward-Looking Statements
This press release may contain forward-looking statements, which are statements that are not historical facts and typically involve future events or performance. Words like “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” as well as similar expressions, often identify these forward-looking statements. These statements are based on management’s current expectations and assumptions and are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Actual results could differ materially from those projected in these forward-looking statements, including the expected completion, timing, and size of the offering. Investors should consider the risk factors and cautionary statements detailed in RedCloud’s filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 20-F for the year ended December 31, 2024, filed on May 16, 2025. RedCloud does not undertake any obligation to update these forward-looking statements to reflect events or circumstances after the date of this press release. Undue reliance should not be placed on these statements, which speak only as of their release date. Information on the Company’s website or social media channels is not incorporated by reference into this press release.
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