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Nasdaq notifies company of non-compliance with the $1.00 minimum bid price
RCTRedCloud Holdings plc
The Nasdaq Stock Market notified RedCloud Holdings plc that it failed to comply with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The exchange determined the company is not eligible for a second compliance period due to insufficient stockholders' equity and scheduled delisting effective October 22, 2026. RedCloud filed an appeal for an oral hearing before the Nasdaq Hearings Panel on October 14, 2026, staying the suspension of trading pending the decision. The company plans to submit a compliance plan that includes a proposed share consolidation expected to be effective around November 13, 2026, subject to shareholder approval at a general meeting on October 30, 2026. RedCloud Holdings plc builds AI infrastructure for the prediction of FMCG trade.