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RedCloud Holdings has unveiled its new Red101 agentic AI technology and additional tools aimed at revolutionizing supply chain management in emerging markets. The company addresses a $2 trillion inventory gap in Fast Moving Consumer Goods (FMCG) supply chains where consumer demand exceeds product availability.
The launch includes three key innovations:
- Red101 Smart Assistant: An AI-powered chat agent helping retailers optimize shelf stocking based on product availability, supplier options, and regional trends
- RedInsights Retail Opportunity Maps: Interactive visualization tools for identifying growth opportunities and market coverage
- RedInsights Category Price Benchmarking: A live pricing analysis dashboard enabling real-time price optimization for distributors
These tools leverage first-party data from the RedAI platform to improve supply chain transparency, accelerate inventory management, and drive profitable growth for customers in the global trading ecosystem.
RedCloud Holdings has successfully completed its Initial Public Offering (IPO), raising approximately $20 million in gross proceeds. The company offered 4,444,445 ordinary shares at $4.50 per share, with trading commencing on the Nasdaq Capital Market under the ticker symbol 'RCT' on March 21, 2025.
The underwriters have a 30-day option to purchase up to an additional 666,666 ordinary shares to cover over-allotments. Roth Capital Partners and Clear Street served as active joint book-running managers, with Rosenblatt Securities as passive book-running manager and The Benchmark Company as co-manager.
RedCloud Holdings has announced the pricing of its Initial Public Offering (IPO) of 4,444,445 ordinary shares at $4.50 per share. The company expects to raise approximately $20 million in gross proceeds before deducting underwriting discounts and offering expenses.
The ordinary shares are set to begin trading on the Nasdaq Capital Market under the ticker symbol 'RCT' on March 21, 2025. The offering is expected to close on March 24, 2025. RedCloud has granted underwriters a 30-day option to purchase up to an additional 666,666 ordinary shares to cover over-allotments.
The IPO is being managed by Roth Capital Partners and Clear Street as active joint book-running managers, with Rosenblatt Securities Inc. as passive book-running manager and The Benchmark Company as co-manager.
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