RedCloud Announces Pricing of $13.5 Million Private Placement of Securities
RedCloud Holdings (RCT) has secured a $13.5 million private placement through a securities purchase agreement with institutional and accredited investors. The deal includes issuing 9 million ordinary shares at $1.50 per share, accompanied by warrants to purchase 18 million additional shares.
Notably, the Company's largest shareholder and a director are contributing $7.5 million to the placement. The warrants, exercisable immediately at $1.50 per share, will expire in five years. The placement, managed by Roth Capital Partners with Clear Street as financial advisor, is expected to close around July 7, 2025.
RedCloud Holdings (RCT) ha ottenuto un collocamento privato da 13,5 milioni di dollari tramite un accordo di acquisto di titoli con investitori istituzionali e accreditati. L'operazione prevede l'emissione di 9 milioni di azioni ordinarie a 1,50 dollari per azione, accompagnate da warrant per l'acquisto di 18 milioni di azioni aggiuntive.
In particolare, il maggiore azionista e un direttore della Società stanno investendo 7,5 milioni di dollari nel collocamento. I warrant, esercitabili immediatamente a 1,50 dollari per azione, scadranno tra cinque anni. Il collocamento, gestito da Roth Capital Partners con Clear Street come consulente finanziario, dovrebbe concludersi intorno al 7 luglio 2025.
RedCloud Holdings (RCT) ha asegurado un colocación privada de 13,5 millones de dólares mediante un acuerdo de compra de valores con inversores institucionales y acreditados. El acuerdo incluye la emisión de 9 millones de acciones ordinarias a 1,50 dólares por acción, junto con warrants para comprar 18 millones de acciones adicionales.
Destaca que el mayor accionista de la compañía y un director están aportando 7,5 millones de dólares al colocación. Los warrants, ejercitables inmediatamente a 1,50 dólares por acción, expirarán en cinco años. La colocación, gestionada por Roth Capital Partners con Clear Street como asesor financiero, se espera que cierre alrededor del 7 de julio de 2025.
RedCloud Holdings (RCT)는 기관 및 공인 투자자들과의 증권 매입 계약을 통해 1,350만 달러 규모의 사모 발행을 확보했습니다. 이번 거래는 주당 1.50달러에 900만 보통주를 발행하며, 추가로 1,800만 주의 워런트를 발행하는 내용을 포함합니다.
특히, 회사의 최대 주주이자 이사가 이번 사모 발행에 750만 달러를 투자합니다. 워런트는 즉시 행사 가능하며 행사 가격은 주당 1.50달러이고, 만료일은 5년 후입니다. 이번 사모 발행은 Roth Capital Partners가 주관하고 Clear Street가 재무 자문을 맡았으며, 2025년 7월 7일경 마감될 예정입니다.
RedCloud Holdings (RCT) a obtenu un placement privé de 13,5 millions de dollars via un accord d'achat de titres avec des investisseurs institutionnels et accrédités. L'accord prévoit l'émission de 9 millions d'actions ordinaires au prix de 1,50 dollar par action, accompagnée de bons de souscription permettant d'acheter 18 millions d'actions supplémentaires.
Il est à noter que le principal actionnaire de la société ainsi qu'un administrateur contribuent à hauteur de 7,5 millions de dollars au placement. Les bons de souscription, exerçables immédiatement au prix de 1,50 dollar par action, expireront dans cinq ans. Le placement, géré par Roth Capital Partners avec Clear Street comme conseiller financier, devrait se clôturer aux alentours du 7 juillet 2025.
RedCloud Holdings (RCT) hat eine Privatplatzierung in Höhe von 13,5 Millionen US-Dollar durch einen Wertpapierkaufvertrag mit institutionellen und akkreditierten Investoren gesichert. Das Geschäft umfasst die Ausgabe von 9 Millionen Stammaktien zu je 1,50 US-Dollar sowie Bezugsrechte zum Kauf von 18 Millionen zusätzlichen Aktien.
Bemerkenswert ist, dass der größte Aktionär und ein Direktor des Unternehmens 7,5 Millionen US-Dollar zur Platzierung beitragen. Die Bezugsrechte können sofort zum Preis von 1,50 US-Dollar pro Aktie ausgeübt werden und verfallen in fünf Jahren. Die Platzierung, die von Roth Capital Partners geleitet wird und bei der Clear Street als Finanzberater fungiert, soll voraussichtlich um den 7. Juli 2025 abgeschlossen werden.
- Secured significant $13.5M in gross proceeds through private placement
- Strong insider participation with $7.5M investment from largest shareholder
- Warrants provide potential for additional future capital through exercise
- Potential dilution from 9M new shares and possible 18M additional shares from warrants
- Shares and warrants priced at $1.50, which may impact current market price
Insights
RedCloud secures $13.5M funding with significant insider participation, indicating management confidence despite substantial potential dilution.
RedCloud's $13.5 million private placement represents a substantial capital infusion relative to the company's valuation. The financing structure includes 9 million ordinary shares at $1.50 each, with accompanying warrants for an additional 18 million shares at the same exercise price. The $7.5 million commitment from the company's largest shareholder and director is particularly noteworthy, as it signals strong insider confidence in RedCloud's future prospects.
The warrant coverage is unusually generous at a 2:1 ratio, meaning investors receive warrants to purchase two additional shares for each share initially acquired. With the warrants exercisable immediately and lasting five years, this creates significant potential dilution if fully exercised. The identical pricing between the shares and warrants ($1.50) suggests the company needed attractive terms to secure this funding.
The involvement of Roth Capital Partners as placement agent and Clear Street as financial advisor indicates a structured approach to this capital raise. This financing provides RedCloud with essential working capital while the substantial insider participation helps mitigate potential negative market perception about the dilutive structure. However, existing shareholders should consider the long-term dilutive impact if all warrants are eventually exercised, which would add 27 million shares to the company's outstanding share count.
LONDON, July 03, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RCT”) (“RedCloud” or the “Company”), today announced that it has entered into a securities purchase agreement with certain institutional and accredited investors to purchase its ordinary shares, and accompanying warrants that is expected to result in approximately
The private placement includes an investment of
At the closing, the Company will issue to the investors an aggregate of 9,000,000 ordinary shares, along with accompanying warrants to purchase an aggregate of 18,000,000 ordinary shares, at a combined purchase price of
Roth Capital Partners is acting as the exclusive placement agent for the private placement and Clear Street is acting as financial advisor.
The securities to be issued in connection with the private placement described above are being offered in a private placement and have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state or other applicable jurisdictions’ securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state or other jurisdictions’ securities laws.
This news release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About RedCloud Holdings plc
RedCloud has developed and operates the RedCloud trading platform (the “Platform”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. RedCloud believes its Platform solves a decades old problem of how to unlock and enable access to key purchase and sales data between brands, distributors and retailers in high growth consumer markets. Through RedCloud’s Platform, retailers are enabled to use data driven insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. For more information about RedCloud and its Platform, please visit www.redcloudtechnology.com and connect on LinkedIn and Facebook.
Forward-Looking Statements
The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements generally relate to future events or our future financial or operating performance. When used in this press release, words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Forward-looking 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, including, but not limited to, the expected completion, timing and size of the offering. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in RedCloud’s described in “Cautionary Note Regarding Forward-Looking Statements,” “Item 3. Key Information – D. Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in RedCloud’s Annual Report on Form 20-F for the year ended December 31, 2024, which was filed with the Securities and Exchange Commission (the “SEC”) on May 16, 2025, as well as other documents filed by the Company with the SEC. RedCloud undertakes no obligation and does not intend to update these forward-looking statements to reflect events or circumstances occurring after this press release. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Information contained on, or that can be accessed through, the Company’s website or any other website or any social media is expressly not incorporated by reference into and is not a part of this press release.
Contacts:
Investor Relations
Ryan Flanagan
Investor.relations@redcloudtechnology.com
Media Relations
James McCarthy
media@redcloudtechnology.com
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