RedCloud Holdings plc

RedCloud Holdings plc (RCT) priced its initial public offering on Mar 24, 2025 at $4.50 per share, raising $20M, and listed on Nasdaq Capital Market. At the IPO price its market capitalization was about $199M. Roth Capital was lead-left underwriter, joined by Clear Street, Rosenblatt and Benchmark. Taylor Wessing and Ellenoff Grossman & Schole advised the company and Reed Smith advised the underwriters.

RedCloud Holdings plc operates the RedCloud platform, which facilitates trading of fast-moving consumer goods across business supply chains. It connects brands, distributors and retailers in high-growth consumer markets by giving them access to purchase and sales data.

Status

IPO

Ticker

RCT

Exchange

Nasdaq Capital Market

Priced

Mar 24, 2025

IPO price

$4.50

Raised

$20M

Market cap at IPO price

$199M

First filed

Nov 6, 2024

Underwriters

Roth Capital, Clear Street, Rosenblatt and Benchmark

Company counsel

Taylor Wessing and Ellenoff Grossman & Schole

Underwriters' counsel

Reed Smith

Sector

Consumer

Country / state

United Kingdom

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.