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GlobeNewswire·

RedCloud Repays All Convertible Notes In Full

  • RedCloud Holdings plc announced full repayment of outstanding senior convertible notes issued in February 2026 using proceeds from a non-dilutive shareholder loan.
  • The senior convertible notes are now fully satisfied & extinguished, with the company planning to deregister unsold ordinary shares under the applicable registration statement.
  • CFO David Sturgeon stated the repayment strengthens the capital structure & removes potential dilution from the instruments.
  • The company is simultaneously implementing steps to reduce its operating cost base to support a cleaner capital structure.
  • RedCloud has facilitated over $8.4 billion in FMCG transactions between early 2023 & June 2026 across more than 100,000 customers & 6,700 brands.
  • The company utilizes proprietary data to develop its RAID prediction model & deploys RedAI infrastructure directly or through joint ventures.
  • RedCloud is a British company registered in London with Justin Floyd serving as Founder & Chief Executive Officer.