RCT$0.031-11.68%
RedCloud Holdings plc
Sector: Retail-Retail Stores, NECIndustry: Software - ApplicationCountry: GBExchange: Nasdaq
Mkt Cap:$3.37M
Float & O/S:
Inst Own:
DilutionScan read 57 of RedCloud Holdings plc's SEC filings and found 3 warrant series, 3 convertibles, 1 ATM program, 2 equity lines, 1 shelf registration, 6 S-1 registrations and 7 completed offerings on file for RCT. The latest dilution event on file is an offering on Oct 28, 2026. Analysis updated Oct 30, 2026.
Signal8 Summary
RCT
Going-concern warning, cash nearly out
Snapshot
RedCloud is a tiny software company connecting retailers and FMCG brands in emerging markets. Revenue grew modestly to $48.5M in FY 2025, but the company lost $46.2M and burned $40.1M in free cash flow, against only $479K in cash.
What's Happening Right Now
- : Raised $1.80M in gross proceeds through a private placement (PIPE).
- : RedCloud reiterated a Nasdaq notification that it falls below the $35M minimum market value requirement, with a cure period running until February 8, 2027 before a delisting notice could follow.
- : RedCloud filed to sell up to $6.7M of shares on the open market, disclosed cash would only last through the end of that month, and its CFO resigned effective July 31, 2026.
- : RedCloud's amended annual report disclosed material weaknesses in accounting controls and reiterated auditors' substantial doubt about the company's ability to continue as a going concern given 2025 losses of $46.2M.
- : RedCloud signed a 20-year India joint venture with Dheer Marketing worth up to $120M, its first expansion into Asia and into apparel and footwear categories.
- : Registered $100.00M of securities for sale on Form F-3.
- : Registered 50.00M shares for sale on Form S-1.
- : RedCloud amended its February 2026 convertible notes, increasing the principal to about $4.99M and cutting the conversion price to $0.57, a dilutive move for existing shareholders.
