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RedCloud Holdings Filed, US Offering, Nasdaq: RCT

Operates a B2B platform for trading consumer goods.

Industry: Technology

Latest Trade: ()

First Day Return:

Return from IPO:

Industry: Technology

We have developed and operate the RedCloud platform (the “Platform”), that facilitates the trading of everyday consumer supplies of fast-moving consumer goods (“FMCG”) products across business supply chains. We believe the Platform solves a decades old problem of how to unlock and enable access of key purchase and sales data between brands, distributors and retailers in high growth consumer markets. Through the Platform, we enable retailers in these markets to use data driven insights backed by artificial intelligence (“AI”) to help make faster and easier business-to-business (“B2B”) purchases and inventory decisions from brands and distributors by breaking down complex purchasing behaviors of large product inventory catalogues. We then turn that into meaningful business insights and purchasing opportunities for our retailers. Our Platform is delivered through a consumption-based business model and we only charge brands and distributors for transactions made on the Platform. Our Platform consequently helps brands and distributors to use the same AI driven insights to connect with new local retailers in targeted locations, thereby spending less time searching for outlets to purchase their goods and products from.
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IPO Data
IPO File Date 11/06/2024
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $86
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $86
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Roth Capital
The Benchmark Company
Company Data
Headquarters London, United Kingdom
Founded 2014
Employees at IPO 373
Website www.redcloudtechnology.com

RedCloud Holdings (RCT) Performance