London, UK, April 17, 2026 (GLOBE NEWSWIRE) — RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Firm”), at present disclosed that on April 15, 2026, it obtained formal notification from Nasdaq indicating that, based mostly on the closing bid value of the Firm’s abnormal shares for the final 30 consecutive enterprise days, the Firm is not in compliance with Nasdaq Itemizing Rule 5550(a)(2), which requires listed corporations to take care of a minimal bid value of a minimum of $1 per share.
Nasdaq Itemizing Rule 5810(c)(3)(A) gives a compliance interval of 180 calendar days, or till October 12, 2026, through which to regain compliance with the minimal bid value requirement. If the Firm evidences a closing bid value of a minimum of $1 per share for at least 10 consecutive enterprise days throughout the 180-day compliance interval, the Firm will routinely regain compliance. Within the occasion the Firm doesn’t regain compliance with the $1 bid value requirement by October 12, 2026, the Firm could also be eligible for consideration of a second 180-day compliance interval if it meets the continued itemizing requirement for market worth of publicly held shares and all different preliminary itemizing requirements for Nasdaq’s Capital Market, apart from the minimal bid value requirement. As well as, the Firm would even be required to inform Nasdaq of its intent to remedy the minimal bid value deficiency.
If the Firm fails to regain compliance with the Nasdaq continued itemizing requirements, Nasdaq will present discover that the Firm’s frequent inventory shall be topic to delisting.
The Firm would then be entitled to enchantment that willpower to a Nasdaq hearings panel.
The notification has no fast impact on the itemizing of the Firm’s abnormal shares on Nasdaq. The Firm is actively pursuing its business technique, together with the announcement of its three way partnership operations, and is targeted on regaining compliance inside the 180-day interval.
About RedCloud Holdings plc
RedCloud’s mission is to construct the intelligence infrastructure of worldwide commerce, via technology and aggregation of proprietary buying and selling and market information from throughout the FMCG trade via its RedAI platform (“RedAI”). RedCloud gives market intelligence based mostly on proprietary buying and selling information throughout classes in every of its markets. The Firm additionally delivers a ‘buying and selling layer’ of merchandise to be used by its clients, to allow clever digital alternate of on a regular basis shopper provides of FMCG merchandise throughout enterprise provide chains, supported by a funds and lending ecosystem supposed to streamline commerce. RedCloud believes its Platform and related services clear up a decades-old drawback of the right way to digitize commerce at scale to generate information and intelligence to allow manufacturers, distributors and retailers to maximise enterprise efficiency throughout classes in excessive progress shopper markets.
RedCloud is a British firm registered in London, co-founded by Justin Floyd and Soumaya Hamzaoui. For extra details about RedCloud and its Platform, please go to http://www.redcloudtechnology.com and join on LinkedIn.
Ahead-Wanting Statements
The knowledge on this press launch could embrace forward-looking statements inside the which means of the federal securities legal guidelines. These statements usually relate to future occasions or our future monetary or working efficiency. When used on this press launch, phrases reminiscent of “anticipate,” “mission,” “estimate,” “consider,” “anticipate,” “intend,” “plan,” “search,” “forecast,” “goal,” “predict,” “could,” “ought to,” “would,” “may,” and “will,” the destructive of those phrases and related expressions are supposed to establish forward-looking statements, though not all forward-looking statements comprise such figuring out phrases. Ahead-looking statements are based mostly on administration’s present expectations and assumptions, and are topic to inherent uncertainties, dangers and adjustments in circumstances which might be tough to foretell, together with its capacity to regain compliance with the minimal bid value itemizing requirement offered beneath Nasdaq Itemizing Rule 5550(a)(2). Because of this, precise outcomes may differ materially from these indicated in these forward-looking statements. When contemplating these forward-looking statements, you must take into accout the chance components and different cautionary statements in RedCloud’s described in “Cautionary Notice Relating to Ahead-Wanting Statements,” “Merchandise 3. Key Info – D. Danger Elements” and “Merchandise 5. Working and Monetary Overview and Prospects” in RedCloud’s Annual Report on Type 20-F for the 12 months ended December 31, 2024, which was filed with the Securities and Trade Fee (the “SEC”) on Could 16, 2025, in addition to different paperwork filed by the Firm with the SEC. RedCloud undertakes no obligation and doesn’t intend to replace these forward-looking statements to mirror occasions or circumstances occurring after this press launch. You might be cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. Info contained on, or that may be accessed via, the Firm’s web site or some other web site or any social media is expressly not integrated by reference into and isn’t part of this press launch.
Contacts:
Investor Relations
Investor.relations@redcloudtechnology.com
Media Relations
media@redcloudtechnology.com
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