Financing ·
RedCloud issues 31.7M shares at $0.25 to insiders, offsetting $7.9M in liabilities
RCTRedCloud Holdings plc
RedCloud Holdings plc issued 31.7 million ordinary shares to insiders Christina Byland and Dr. Nikolaus Senn for an aggregate value of $7,925,000. The company satisfied financial liabilities owed to these shareholders by offsetting the debt against the subscription price of $0.25 per share. This transaction closed on October 28, 2026, and represents a premium of approximately 281% to the closing stock price on the previous day. RedCloud builds AI infrastructure for the prediction of FMCG trade.