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GlobeNewswire·

RedCloud Holdings Plc Repeats Previously Disclosed Nasdaq Notification Regarding Market Value of Listed Securities Requirement

  • RedCloud Holdings plc received a notification from Nasdaq on August 10, 2026, stating non-compliance with the minimum market value of listed securities (MVLS) requirement for continued listing on the Nasdaq Capital Market.
  • The deficiency exists because the company failed to maintain the required $35,000,000 MVLS for more than 30 consecutive business days prior to August 6, 2026.
  • The company has a 180-calendar-day cure period extending until February 8, 2027, to regain compliance.
  • To regain compliance, RedCloud must achieve a market value of at least $35,000,000 for 10 consecutive business days within the specified compliance period.
  • Failure to meet the requirement by the deadline will result in written notice of delisting, though the company retains the right to appeal to a hearing panel.
  • RedCloud intends to make its best efforts to regain compliance but provides no assurance of success.
  • RedCloud is a London-registered British company co-founded by Justin Floyd and Soumaya Hamzaoui that builds trade intelligence infrastructure using its RedAI system.