B2B
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RedCloud Prices $13.5 Million Private Placement
RedCloud Holdings plc announced a private placement raising approximately $13.5 million. The company will issue shares and warrants at $1.50 each. The funds will support RedCloud’s AI-powered platform, which simplifies B2B purchasing and inventory management for FMCG products by facilitating data flow between brands, distributors, and retailers.
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REDCLOUD to Present at Roth’s 15th Annual London Conference
RedCloud Holdings (RCT) will attend the ROTH 15th Annual London Conference from June 24-26 at the Four Seasons Hotel London. CEO Justin Floyd will meet with institutional investors to discuss RedCloud’s platform, which streamlines FMCG trade by providing data access to brands, distributors, and retailers, utilizing AI for B2B decision-making. The invitation-only conference, organized by investment bank ROTH, features intimate meetings for in-depth company insights.
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Faraday Future’s Inaugural Stockholders’ Day: FX Product Updates, FX Super One Launch Confirmed, and 600 New Deposits Secured from MCN Agencies
Faraday Future’s Stockholders’ Day highlighted its commitment to transparency and shareholder value. The FX Super One will launch with exclusive events in June and July, followed by a B2C rollout. The company has secured over 2,500 B2B pre-order deposits for the FX Super One, and unveiled the FX 4 design concept. FF is also expanding operations, including a new Middle East facility, and enhancing its tech and operational capabilities.