RedCloud Holdings PLC (Ticker: RCT) is a UK-based software company operating a B2B platform for trading fast-moving consumer goods (FMCG) across supply chains. Founded in 2014 and headquartered in London, the company’s platform leverages artificial intelligence to provide data-driven insights that help retailers make informed purchasing and inventory decisions. RedCloud currently operates in high-growth consumer markets, including Argentina, Brazil, Nigeria, and South Africa.
RedCloud Holdings PLC will list on February 7, 2025, on the NASDAQ. The firm is selling 11.0 million shares at the price range of $4.00-$6.00. The expected Market Capitalization at offer is $352 million. The total offer size is $66.0 million. The offering is managed by Roth Capital Partners, Clear Street LLC, and Rosenblatt Securities. For the 12 months ending June 30, 2024, RedCloud reported revenues of $30 million.