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RedCloud Holdings (RCT) flags Nasdaq $35M value risk as 50M shares enter resale

(Neutral)
(Neutral)
Form Type
424B3

Rhea-AI Filing Summary

RedCloud Holdings plc filed a prospectus supplement updating its existing prospectus for the resale, from time to time, of up to 50,000,000 ordinary shares by selling shareholders. These shares consist of up to 25,000,000 ordinary shares issuable under an ordinary share purchase agreement with Tumim Stone Capital LLC and up to 25,000,000 ordinary shares issuable under a similar agreement with Amiens Technology Investments LLC, each dated February 26, 2026. The supplement incorporates information from a contemporaneous Form 6-K filing and must be read together with the base prospectus.

The Form 6-K reports that Nasdaq notified RedCloud on August 10, 2026 that it is not in compliance with the $35,000,000 minimum market value of listed securities requirement after trading below this threshold for 30 consecutive business days. RedCloud has 180 days, until February 8, 2027, to regain compliance by maintaining a market value at or above $35,000,000 for at least 10 consecutive business days. The company states there is no immediate impact on trading of its ordinary shares, which continue to trade on the Nasdaq Capital Market under the symbol RCT at a last reported price of $0.20 per share as of August 7, 2026.

Positive

  • None.

Negative

  • Nasdaq non-compliance with $35M market value rule: RedCloud received notice it failed to meet the $35,000,000 minimum market value of listed securities for 30 consecutive business days, creating a risk of potential delisting if compliance is not regained by February 8, 2027.
Shares registered for resale 50,000,000 ordinary shares Total ordinary shares covered by the updated prospectus supplement
Tumim share capacity 25,000,000 ordinary shares Shares issuable under the ordinary share purchase agreement with Tumim Stone Capital LLC
Amiens share capacity 25,000,000 ordinary shares Shares issuable under the ordinary share purchase agreement with Amiens Technology Investments LLC
Nasdaq MVLS requirement $35,000,000 Minimum market value of listed securities required for Nasdaq Capital Market continued listing
Compliance period length 180 calendar days Period ending February 8, 2027 to regain Nasdaq MVLS compliance
Last reported share price $0.20 per share Nasdaq Capital Market closing price for 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.
Current Report on Form 6-K regulatory
"with the information contained in the Current Report on Form 6-K filed"
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"
Compliance Period regulatory
"a cure period of 180 calendar days, or until February 8, 2027 (the “Compliance Period”)"
A compliance period is a defined stretch of time during which a company must meet specific legal, regulatory, or contractual rules and reporting requirements. Think of it like a scheduled inspection window or a homework deadline: failing to satisfy the rules within that window can trigger fines, restrictions, or extra oversight, so investors watch compliance periods as signals of near-term legal risk, potential costs, and impacts on a company’s operations or cash flow.
Offering Type secondary

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

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FAQ

What does RedCloud Holdings plc (RCT) register in this prospectus supplement?

RedCloud updates its prospectus for the resale of up to 50,000,000 ordinary shares by selling shareholders. These shares may be issued under ordinary share purchase agreements with Tumim Stone Capital LLC and Amiens Technology Investments LLC, each covering up to 25,000,000 shares.

Who are the selling shareholders linked to the 50,000,000 RedCloud (RCT) shares?

The shares relate to ordinary share purchase agreements with Tumim Stone Capital LLC and Amiens Technology Investments LLC. Each agreement allows issuance of up to 25,000,000 ordinary shares that may later be resold by these selling shareholders.

What Nasdaq listing issue did RedCloud (RCT) disclose on August 10, 2026?

RedCloud disclosed a Nasdaq notice that it is not in compliance with the $35,000,000 minimum market value of listed securities requirement. The deficiency followed trading below that level for 30 consecutive business days through August 7, 2026.

How long does RedCloud (RCT) have to regain Nasdaq compliance on market value?

RedCloud has a 180-day Compliance Period, until February 8, 2027, to regain compliance. Its market value of listed securities must be at least $35,000,000 for 10 consecutive business days during this period.

Is RedCloud’s (RCT) Nasdaq listing immediately affected by the MVLS notice?

There is no immediate impact on RedCloud’s Nasdaq Capital Market listing. The ordinary shares continue to trade under symbol RCT. Delisting risk arises only if the company fails to regain compliance by the end of the Compliance Period.

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

On August 7, 2026, RedCloud’s ordinary shares had a last reported sale price of $0.20 per share on the Nasdaq Capital Market. This price level factored into the company’s market value assessment related to Nasdaq’s listing requirement.

 

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-296419

 

PROSPECTUS SUPPLEMENT

(to Prospectus dated June 23, 2026)

 

 

RedCloud Holdings plc

 

Up to 50,000,000 Ordinary Shares

 

This Prospectus Supplement is being filed to update and supplement the information contained in the prospectus dated June 23, 2026 (the “Prospectus”) that forms a part of our Registration Statement on Form F-1, as amended (File No. 333-296419) (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 50,000,000 ordinary shares, par value £0.002 per share, of RedCloud Holdings plc, consisting of: (a) up to 25,000,000 ordinary shares that we may issue pursuant to that certain ordinary share purchase agreement, by and between the Company and Tumim Stone Capital LLC, dated February 26, 2026 and (b) up to 25,000,000 ordinary shares that we may issue pursuant to that certain ordinary share purchase agreement, by and between the Company and Amiens Technology Investments LLC, dated February 26, 2026.

 

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