RCT
RedCloud Holdings plc Ordinary Shares
About: RedCloud Holdings PLC developed and operate the RedCloud Platform, that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (FMCG) products across business supply chains. The Platform solves old problem of how to unlock and enable access of key purchase and sales data between brands, distributors and retailers in growth consumer markets. Its Platform has AI and machine learning capabilities that provide brands, distributors and retailers with trading and product insights and data to help, make commercial decisions regarding their business operations. Geographically, Key revenue is generated from Nigeria.
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Funds holding %
of 7,419 funds
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Analysts bullish %
Fund manager confidence
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$5
179%
upside
Avg. target
$5
179%
upside
High target
$5
179%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Rosenblatt Blair Abernethy 17% 1-year accuracy 11 / 66 met price target | 179%upside $5 | Buy Initiated | 17 Apr 2025 |
Roth MKM Rohit Kulkarni 48% 1-year accuracy 16 / 33 met price target | 179%upside $5 | Buy Initiated | 15 Apr 2025 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 weeks ago
RedCloud Holdings Announces Closing of $20 Million Initial Public Offering
LONDON, March 24, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RedCloud” or the “Company”), today announced the closing of its initial public offering of 4,444,445 of its ordinary shares at a public offering price of $4.50 per share (the “Offering”). The gross proceeds of the Offering are approximately $20 million before deducting underwriting discounts and offering expenses.
Neutral
GlobeNewsWire
1 month ago
RedCloud Holdings Announces Pricing of $20 Million Initial Public Offering
LONDON, March 20, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RedCloud” or the Company), today announced the pricing of its initial public offering of 4,444,445 of its ordinary shares at a public offering price of $4.50 per share (the “Offering”). RedCloud has granted the underwriters a 30-day option to purchase up to an additional 666,666 ordinary shares from RedCloud to cover over-allotments in connection with the Offering. The gross proceeds of the Offering are expected to be approximately $20 million before deducting underwriting discounts and offering expenses, assuming no exercise of the over-allotment option. The Offering is expected to close on March 24, 2025, subject to the satisfaction of customary closing conditions.
Positive
Seeking Alpha
2 months ago
U.S. IPO Weekly Recap: Cement And Cystic Fibrosis Drugs Lead A 6 IPO Week
Two sizable companies and a handful of small Asian issuers were listed in the US this past week. Four small Asia-based issuers also went public in the US - EPWK Holdings, FBS Global, Plutus Financial Group, and Huachen AI Parking Management Technology. Eight IPOs are currently scheduled to list in the week ahead, although some small issuers may also join the calendar throughout the week.
Neutral
GlobeNewsWire
2 months ago
RedCloud Holdings Announces Launch of Initial Public Offering
LONDON, Jan. 21, 2025 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (“RedCloud”), today announced it has launched its proposed initial public offering of 11,000,000 of its ordinary shares pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”). The underwriters will have a 30-day option to purchase up to an additional 1,650,000 ordinary shares from RedCloud. The initial public offering price is currently expected to be between $4.00 and $6.00 per ordinary share. RedCloud intends to list its ordinary shares on the Nasdaq Capital Market under the ticker “RCT”.
Neutral
Seeking Alpha
5 months ago
U.S. IPO Weekly Recap: No IPOs, But The Pipeline Gets A Couple Updates
The IPO market was quiet as expected during election week, with only one nano-cap (Aduro Clean Technologies) and two SPACs (GSR III Acquisition and Willow Lane Acquisition) completing listings. The biggest news of the week came from the pipeline, where a couple of notable names provided updates - Solera and Pony AI. US oil and gas producer Peak Resources LP plans to raise $66 million at a $209 million market cap in the week ahead.
Neutral
Seeking Alpha
5 months ago
RedCloud Holdings Rolls Out IPO On High Growth And Heavy Losses
RedCloud Holdings plc aims to raise $86.25 million via IPO to fund its working capital needs, debt repayment, and market expansion plans. The company is growing revenue rapidly but incurring high operating losses and cash burn, with significant risks and competition. RedCloud's platform connects brands, distributors, and retailers, operating in Argentina, Brazil, Nigeria, and South Africa.
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