RedCloud holders approve 100-for-1 share consolidation
At the September 25, 2026 record date, 76,908,685 ordinary shares were issued and outstanding and entitled to vote.
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Rhea-AI Filing Summary
RedCloud Holdings plc (RCT) shareholders approved a proposal for a 100-for-1 share consolidation at the October 30, 2026 general meeting. A floor amendment proposed changing the ratio from 20-for-1 to 100-for-1. The company stated that the consolidation’s purpose was to regain and maintain compliance with applicable rules for continued listing on the Nasdaq Capital Market.
The proposal received 49,991,020 votes for, 554,128 against, and 10,105 abstentions. Shareholders also approved a revised articles proposal, conditional upon approval of the consolidation, to reflect the increase in ordinary shares’ nominal value; it received 50,085,475 votes for, 418,362 against, and 51,416 abstentions.
Key Figures
Key Terms
nominal value financial
quorum technical
broker non-vote technical
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