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RedCloud Holdings plc (NASDAQ: RCT) warned on $35M Nasdaq value rule

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

RedCloud Holdings plc filed a prospectus supplement updating its resale registration for up to 19,335,283 ordinary shares previously issued or issuable under a July 3, 2025 securities purchase agreement. This includes 5,000,000 issued shares, up to 9,041,142 shares issuable upon exercise of warrants issued July 8, 2025, and up to 5,294,141 shares issuable upon exercise of warrants issued May 16, 2026, all to be sold from time to time by selling shareholders. The company’s ordinary shares trade on the Nasdaq Capital Market under the symbol RCT; on August 7, 2026, the last reported sale price was $0.20 per share.

RedCloud also reports receiving a Nasdaq notice of non-compliance with the minimum $35,000,000 market value of listed securities requirement under Listing Rule 5550(b)(2), after remaining below that threshold for 30 consecutive business days through August 7, 2026. The company has a 180-day cure period until February 8, 2027 to regain compliance by maintaining at least $35,000,000 in market value for 10 consecutive business days. Failure to do so could lead to a delisting notice, which the company could appeal. The shares continue to trade normally on Nasdaq during this period.

Positive

  • None.

Negative

  • Nasdaq non-compliance notice: RedCloud fell below the $35,000,000 market value of listed securities requirement for 30 consecutive business days, creating a continued listing risk if compliance is not regained by February 8, 2027.
Shares registered for resale 19,335,283 ordinary shares Total ordinary shares covered by the updated resale registration
Issued shares in Offering 5,000,000 ordinary shares Shares issued under the July 3, 2025 securities purchase agreement
Warrant shares July 8, 2025 9,041,142 ordinary shares Maximum shares issuable upon exercise of warrants issued July 8, 2025
Warrant shares May 16, 2026 5,294,141 ordinary shares Maximum shares issuable upon exercise of warrants issued May 16, 2026
Nasdaq MVLS requirement $35,000,000 Minimum market value of listed securities required by Nasdaq Listing Rule 5550(b)(2)
Cure period length 180 calendar days Period until February 8, 2027 to regain compliance with the MVLS requirement
Share price $0.20 per share Last reported sale price of ordinary shares on August 7, 2026
Prospectus Supplement regulatory
"This Prospectus Supplement is being filed to update and supplement the information"
A prospectus supplement is an additional document provided alongside a company's main offering details, offering updated or extra information about a specific financial product being sold. It helps investors understand the latest terms, risks, and details of the investment, similar to how an update or revision clarifies or expands on original instructions, ensuring they have current and complete information before making a decision.
market value of listed securities financial
"not in compliance with the minimum market value of listed securities set forth"
The market value of listed securities is the total worth of stocks, bonds and other tradable instruments quoted on an exchange, measured using the prices investors are willing to pay right now. It’s calculated by multiplying each security’s current market price by the number of units outstanding and adding those amounts together, like totaling the value of every item in a store at today’s prices. Investors watch this because it shows the size, liquidity and overall health of the market or a company’s publicly traded portion, and it influences index weights, fund allocations and perceived risk.
Nasdaq Listing Rule 5550(b)(2) regulatory
"Nasdaq Listing Rule 5550(b)(2) requires primary securities listed on the Nasdaq"
cure period regulatory
"the Company has a cure period of 180 calendar days, or until February 8, 2027"
A cure period is a set amount of time given to a borrower, counterparty, or contracting party to fix a missed payment, breach, or other problem before more serious consequences—like penalties, higher interest, or contract termination—kick in. For investors, it matters because it creates a short grace window that can prevent immediate losses and influence the timing and likelihood of recovery; think of it like a few extra days to pay a bill before a service is cut off.
forward-looking statements regulatory
"This Report on Form 6-K contains forward-looking statements that involve risks"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Offering Type shelf/secondary

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What securities is RedCloud Holdings plc (RCT) registering in this prospectus supplement?

RedCloud is updating a resale registration covering up to 19,335,283 ordinary shares, including 5,000,000 issued shares and up to 14,335,283 shares issuable upon exercise of previously issued warrants.

Why did RedCloud Holdings plc (RCT) receive a Nasdaq non-compliance notice?

RedCloud received a notice because its market value of listed securities stayed below $35,000,000 for 30 consecutive business days, breaching Nasdaq Listing Rule 5550(b)(2) for continued listing on the Nasdaq Capital Market.

How long does RedCloud Holdings plc (RCT) have to regain Nasdaq compliance?

RedCloud has a 180-day cure period, until February 8, 2027, to restore its market value of listed securities to at least $35,000,000 for 10 consecutive business days to regain compliance.

Is RedCloud Holdings plc (RCT) being delisted from Nasdaq now?

There is no immediate delisting. RedCloud’s ordinary shares continue to trade normally on the Nasdaq Capital Market while it attempts to regain compliance during the 180-day cure period.

What was the recent trading price of RedCloud Holdings plc (RCT) shares?

On August 7, 2026, the last reported sale price of RedCloud’s ordinary shares on the Nasdaq Capital Market was $0.20 per share, according to the company’s disclosure.

Who is selling the shares covered by RedCloud Holdings plc’s (RCT) prospectus supplement?

The shares may be sold from time to time by the selling shareholders identified in the prospectus, including shares already issued and shares issuable upon exercise of warrants previously issued by RedCloud.

 

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-296420

 

PROSPECTUS SUPPLEMENT

(to Prospectus dated June 11, 2026)

 

 

 

RedCloud Holdings plc

 

Up to 19,335,283 Ordinary Shares

 

This Prospectus Supplement is being filed to update and supplement the information contained in the prospectus dated June 11, 2026 (the “Prospectus”) that forms a part of our Registration Statement on Form F-1 (File No. 333-296420) (the “Registration Statement”) with the information contained in the Current Report on Form 6-K filed with the Securities and Exchange Commission on August 10, 2026. Accordingly, we have attached the Current Report on Form 6-K to this Prospectus Supplement.

 

The Prospectus and this Prospectus Supplement relate to the offer and sale, from time to time, by the selling shareholders identified in the Prospectus of up to 19,335,283 ordinary shares, par value £0.002 per share, of RedCloud Holdings plc issued by us pursuant to a securities purchase agreement between us and the selling shareholders, dated July 3, 2025 (the “Offering”), consisting of: (i) 5,000,000 ordinary shares issued by us in the Offering, (ii) up to 9,041,142 ordinary shares issuable upon exercise of warrants originally issued by us on July 8, 2025 in the Offering; and (iii) up to 5,294,141 ordinary issuable upon exercise of warrants originally issued by us on May 16, 2026 following receipt of shareholder approval in connection with the Offering.

 

This Prospectus Supplement updates and supplements the information in the Prospectus and is not complete without, and may not be delivered or utilized except in combination with, the Prospectus, including any amendments or supplements thereto. This Prospectus Supplement should be read in conjunction with the Prospectus and if there is any inconsistency between the information in the Prospectus and this Prospectus Supplement, you should rely on the information in this Prospectus Supplement.

 

Our ordinary shares are currently listed on The Nasdaq Capital Market under the symbol “RCT”. On August 7, 2026, the last reported sale price of our ordinary shares was $0.20 per share.

 

Investing in our ordinary shares involves a high degree of risk. Before making any investment decision, you should carefully review and consider all the information in this Prospectus Supplement and the Prospectus, including the risks and uncertainties described under “Risk Factors” beginning on page 9 of the Prospectus and those risk factors in the documents incorporated by reference for a discussion of information that should be considered in connection with an investment in our securities.

 

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if the Prospectus or this Prospectus Supplement is truthful or complete. Any representation to the contrary is a criminal offense.

 

The date of this Prospectus Supplement is August 10, 2026

 

 
 

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2026

 

Commission File Number: 001-42557

 

RedCloud Holdings plc

(Registrant’s Name)

 

50 Liverpool Street,

London, EC2M 7PY, United Kingdom

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

On August 10, 2026, RedCloud Holdings plc (the “Company”) received written notification (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is not in compliance with the minimum market value of listed securities set forth in Nasdaq’s rules for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(2) requires primary securities listed on the Nasdaq Capital Market to maintain a minimum market value of listed securities of $35,000,000 (the “MVLS Requirement”), and Listing Rule 5810(c)(3)(C) provides that a failure to meet the MVLS Requirement exists if a deficiency under Rule 5550(b)(2) continues for a period of 30 consecutive business days. Based on the market value of the Company’s listed securities for a period of 30 consecutive business days prior to and including August 7, 2026, the Company is not in compliance with the MVLS Requirement.

 

In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company has a cure period of 180 calendar days, or until February 8, 2027 (the “Compliance Period”), to regain compliance with the MVLS Requirement. To regain compliance, the market value of the Company’s listed securities must meet or exceed $35,000,000 for at least 10 consecutive business days during the Compliance Period. If the Company does not regain compliance during such period, Nasdaq will provide written notice that the Company’s ordinary shares are subject to delisting. In that event, the Company may appeal such determination to a hearing panel.

 

The Company will make its best efforts to regain compliance with the MVLS Requirement prior to the expiration of the Compliance Period. However, there can be no assurance that the Company will succeed in doing so.

 

There is no immediate impact on the listing of the Company’s ordinary shares as a result of the matters discussed in this Report on Form 6-K, and the Company’s ordinary shares currently continue to trade in the normal manner on the Nasdaq Capital Market under the symbol “RCT”.

 

The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company’s Registration Statement on Form F-3 (File No. 333-296836).

 

Forward-Looking Statements

 

This Report on Form 6-K contains forward-looking statements that involve risks and uncertainties. The risks and uncertainties involved include the Company’s ability to regain compliance with Nasdaq’s rules for continued listing, the concomitant risk that the Company’s shares may be delisted by Nasdaq, market and business conditions, and other risks detailed from time to time in the Company’s periodic reports and other filings with the U.S. Securities and Exchange Commission. You are cautioned not to place undue reliance on forward-looking statements, which are based on the Company’s current expectations and assumptions and speak only as of the date of this Report on Form 6-K. The Company does not intend to revise or update any forward-looking statement in this Report on Form 6-K as a result of new information, future events or otherwise, except as required by law.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  RedCloud Holdings plc
     
  By: /s/ Justin Floyd
  Name: Justin Floyd
  Title: Chief Executive Officer

 

Date: August 10, 2026