RedCloud Holdings (RCT) targets 25,000+ SKUs with India AI distribution MOUs

Rhea-AI Filing Summary

RedCloud Holdings plc reported signing two non-binding Memoranda of Understanding to deploy its RedAI infrastructure, including the forthcoming RAID prediction engine and CORE trade‑execution engine, across the apparel, footwear and lifestyle distribution operations of Dheer Marketing India and Klakshya Marketing in India. The programs collectively target 11 brands, more than 25,000 active SKUs and over 1,250 retail, wholesale, distributor and institutional buyer points.

RedCloud has already ingested over 300,000 historical orders from 526 institutional buyers across 192 locations into its Data Foundation, which represents $6.9 billion in FMCG trading data since 2023. The MOUs include initial deployment targets and a 90‑day program focused on inventory, availability, forecasting and working‑capital efficiency, with definitive commercial agreements targeted between September and Q4 2026. The company states the MOUs are non‑binding, RAID and CORE have not yet been commercially launched, and the targets do not represent customer commitments or revenue; the counterparties are related parties.

Key Figures

FMCG trading data foundation: $6.9 billion Orders ingested: 300,000+ orders Institutional buyers: 526 buyers +5 more

8 metrics

FMCG trading data foundation $6.9 billion Value of FMCG trading data in RedCloud’s Data Foundation since 2023

Orders ingested 300,000+ orders Orders from January 2020 to May 2026 ingested into RedAI from India partners

Institutional buyers 526 buyers Institutional buyers covered in ingested India data across 192 locations

Initial program brands 11 brands Total brands targeted across Dheer Marketing India and Klakshya Marketing MOUs

India apparel market size $117 billion Estimated India apparel market referenced by RedCloud

India footwear market size $20 billion Estimated India footwear market referenced by RedCloud

Dheer initial targets 10,000+ SKUs; 500+ buyer points; 15 locations Targets under the Dheer Marketing India MOU

Klakshya initial targets 15,000+ SKUs; 750+ endpoints; 20+ categories Targets under the Klakshya Marketing MOU with a 90-day program

Key Terms

Memoranda of Understanding, Realtime AI for Distribution, working-capital efficiency, forward-looking statements, +1 more

5 terms

Memoranda of Understanding regulatory

"RedCloud announced two Memoranda of Understanding (the “MOUs”) to deploy its RedAI infrastructure"

A memorandum of understanding is a written, often non-binding agreement that outlines the basic terms and intentions of a potential deal or partnership before a formal contract is signed. For investors it signals that parties are negotiating in good faith—like a handshake on paper—so it can indicate progress and possible future value creation, but it does not guarantee the deal will happen or specify final legal obligations.

Realtime AI for Distribution technical

"its forthcoming RAID (Realtime AI for Distribution) prediction engine and CORE engine"

An automated system that uses artificial intelligence to analyze, prioritize and deliver information or assets instantly across channels such as news feeds, trading platforms, email lists and broker portals. For investors it matters because faster, targeted distribution can change how quickly markets react, who sees an announcement first, and how reliably regulatory or trading rules are followed — think of it as a smart postal service that reads and routes urgent mail in real time.

working-capital efficiency financial

"a 90-day program measuring inventory, availability, forecasting and working-capital efficiency"

forward-looking statements regulatory

"This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act"

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.

Data Foundation technical

"RedCloud has begun ingesting both businesses’ commercial data into RedAI’s Data Foundation"

FAQ

What did RedCloud Holdings (RCT) announce in its August 2026 6-K?

RedCloud Holdings announced two non-binding MOUs to deploy its RedAI, RAID and CORE engines across Indian apparel and footwear distributors, targeting 11 brands, 25,000+ SKUs and 1,250+ buyer points, subject to future definitive agreements.

How large is the initial India deployment targeted by RedCloud (RCT)?

The initial India programs target 11 brands, more than 25,000 SKUs and over 1,250 buyer points across apparel, footwear and lifestyle distribution, under separate MOUs with Dheer Marketing India and Klakshya Marketing.

What data has RedCloud (RCT) already ingested for its RedAI platform?

RedCloud reports RedAI has ingested over 300,000 orders from January 2020 to May 2026, covering 526 institutional buyers, 192 locations and 11,810 SKUs from four consumer brands under its India data agreement.

Are the RedCloud (RCT) India MOUs binding or revenue-generating?

The India MOUs are explicitly non-binding. RedCloud states there is no assurance that definitive agreements will be executed, that deployment will reach targeted scope, or that any revenue will result from these programs.

When does RedCloud (RCT) expect definitive agreements for the India programs?

For Dheer Marketing India, RedCloud is targeting September 2026 for definitive commercial agreements, and for Klakshya Marketing it is targeting completion of definitive agreements in Q4 2026, subject to successful program progress.

Have RedCloud’s RAID and CORE engines been commercially launched yet?

RedCloud states that its RAID intelligence engine and CORE execution engine have not yet been commercially launched, and there is no assurance as to the timing of their launch, making deployment plans subject to that uncertainty.

Are the India counterparties in the RedCloud (RCT) MOUs related parties?

Yes. RedCloud discloses that the counterparties in the India MOUs, Dheer Marketing India and Klakshya Marketing, are related parties of RedCloud, as described in its other U.S. Securities and Exchange Commission filings.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 6-K: How Foreign Companies Report to the SEC →

Available on EDGAR 08/12/2026 - 04:15 PM Accepted by SEC EDGAR 08/12/2026 - 04:15 PM Learn about SEC filing dates

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 12, 2026, RedCloud Holdings plc (the “Company”) issued a press release. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

Exhibit Index

Exhibit No.		Description
99.1		Press Release, dated August 12, 2026.

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 12, 2026

Exhibit 99.1

RedCloud Signs India MOUs to Deploy Its RAID and CORE Engines Targeting 11 Apparel Brands, 25,000+ SKUs and 1,250+ Buyer Points

London and Delhi — August 12, 2026 (GLOBE NEWSWIRE) — RedCloud Holdings plc (Nasdaq: RCT) today announced two Memoranda of Understanding (the “MOUs”) to deploy its RedAI infrastructure — powered by RedCloud’s forthcoming RAID (Realtime AI for Distribution) prediction engine and CORE (Compounding Operating Runtime Engine) trade-execution engine — across the apparel, footwear and lifestyle distribution operations of Dheer Marketing India Pvt. Ltd. and Klakshya Marketing Private Limited. Together the two programs target 11 priority brands, more than 25,000 active SKUs and over 1,250 retail, wholesale, distributor and institutional buyer points across India.

Under the data agreement announced on June 26, 2026, RedCloud has begun ingesting both businesses’ commercial data into RedAI’s Data Foundation. Before cleaning and classification, RedAI has received over 300,000 orders from January 2020 to May 2026, covering 526 institutional buyers — including major institutional and canteen procurement networks — across 192 locations and 11,810 SKUs from four consumer brands.

RAID, which RedCloud expects to launch in the near future, is built on RedCloud’s proprietary Data Foundation, representing $6.9 billion in FMCG trading data gathered across categories and countries since 2023, and is designed to convert fragmented trade, inventory and channel data into real-time forecasts of what will sell, where inventory is trapped and where commercial intervention is required.

The Company believes India’s apparel and footwear markets — estimated at approximately $117 billion¹ and $20 billion² respectively — are among the most fragmented segments in consumer goods. That fragmentation is believed to drive lost sales, blocked inventory, stock-outs and inefficient working capital that SKU-level intelligence is intended to address.

Under the Dheer Marketing India MOU, the initial deployment targets 5 priority brands, 10,000+ active SKUs and 500+ buyer points across a 15-location network, with definitive commercial agreements targeted by September 2026. Under the Klakshya Marketing MOU, the initial program targets 6 priority brands, 15,000+ active SKUs, 750+ commercial endpoints and 20+ product categories and a 90-day program measuring inventory, availability, forecasting and working-capital efficiency, with definitive agreements targeted for completion in Q4 2026.

Justin Floyd, Chief Executive Officer and Co-Founder of RedCloud, said:

“We built RAID to predict and CORE to act — for markets exactly like India, vast, fast-moving and fragmented. This is where we’ll put them to work at scale, and where we intend to become the intelligence layer delivering decision intelligence and operating underneath the market’s apparel and footwear trade.”

Lovelesh Goel, Chairman and Chief Executive Officer, Dheer Marketing India Pvt. Ltd. and Director, Klakshya Marketing Private Limited, said:

“Together with RedCloud, we are moving beyond partnership discussions into operational deployment across a meaningful live commercial environment spanning both of our distribution businesses — initially targeting 11 brands, more than 25,000 SKUs and over 1,250 retail and buyer points. This is not a small technology pilot. Our objective is measurable commercial transformation: turning real sales, inventory and product-movement data into predictive intelligence that improves demand visibility, reduces avoidable stock-outs, improves sell-through, releases working capital and materially improves how brands make decisions.”

Footnotes:

1. Expert Market Research, India Clothing Market Size, Share & Growth Report, US$116.64 billion (2025).

2. IMARC Group / SkyQuest, India Footwear Market, US$20.67 billion (2025).

About RedCloud Holdings plc

RedCloud’s mission is to build the intelligence infrastructure of global trade, through generation and aggregation of proprietary trading and market data from across the FMCG industry through its RedAI infrastructure and associated products (“RedAI”). RedCloud provides market intelligence based on proprietary trading data across categories in each of its markets. The Company also delivers a trading infrastructure and related products for use by its customers, to enable intelligent digital exchange of everyday consumer supplies of FMCG products across business supply chains, supported by a payments and lending ecosystem intended to streamline trade.

RedCloud is a British company registered in London, co-founded by serial entrepreneur Justin Floyd and Soumaya Hamzaoui. For more information, please visit www.redcloudtechnology.com and connect on LinkedIn.

Note on program targets

The brand, SKU, endpoint and location figures set out above are initial program and deployment targets recorded in the respective Memoranda of Understanding. They are not current connected volumes and do not represent customer commitments or revenue.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the planned launch of RAID and CORE, the deployment of RedAI, RAID and CORE within Dheer Marketing India and Klakshya Marketing, the targeted scope of those deployments, the expected timing and completion of definitive commercial agreements, the ability of RAID to deliver predictive intelligence and measurable commercial outcomes, and the potential extension of these programs to additional brands, categories and channels in India. Forward-looking statements are identified by words such as “expects,” “intends,” “anticipates,” “believes,” “plans,” “targets,” “may,” “could,” “should,” and similar expressions. RedCloud’s RAID intelligence engine and CORE execution engine have not yet been commercially launched, and there is no assurance as to the timing of their launch. The Memoranda of Understanding are non-binding and there is no assurance that definitive agreements will be executed, that deployment will reach the targeted scope, or that any revenue will result. The counterparties are related parties of RedCloud, as described above. Actual results may differ materially as a result of risks including, without limitation, the risk factors set forth in the Company’s most recent Annual Report on Form 20-F and subsequent filings with the U.S. Securities and Exchange Commission. RedCloud undertakes no obligation to update or revise any forward-looking statements except as required by law.

Contacts

Investor Relations

Investor.relations@redcloudtechnology.com

Media Relations

media@redcloudtechnology.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 17.9 KB