B2B Commerce Platform RedCloud To Begin Trading On Nasdaq

From Stocktwits: 2025-03-21 08:36:00

RedCloud Holdings plc priced its IPO of 4.44 million shares at $4.50 each, on Nasdaq under ‘RCT’ on Friday. The RedCloud platform aids in trading consumer goods in emerging markets. Retailers use AI for data-driven insights for B2B purchases. The IPO aims to raise $20 million, closing on March 24. The company plans a 2-for-1 stock split before the offering. Roth Capital and Clear Street LLC are joint book-runners, with Rosenblatt Securities as a passive book-runner and Benchmark as co-manager. Offering underwriters have an option for 666,666 additional shares.



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