RedCloud Repays All Convertible Notes In Full

LONDON, Oct. 26, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), which is building the AI prediction infrastructure for global FMCG trade, today announced that it has fully repaid the outstanding amounts under the senior convertible notes issued in February 2026 (the “Senior Convertible Notes”) using proceeds from a non-dilutive shareholder loan. Following repayment, the Senior Convertible Notes have been fully satisfied and extinguished and the Company plans to deregister the unsold ordinary shares under the applicable registration statement.

David Sturgeon, Chief Financial Officer of RedCloud, said, “Repaying the Senior Convertible Notes in full strengthens the Company's capital structure and removes the potential dilution from these instruments. We appreciate the support from our largest shareholder to complete the transaction. Now that we are also implementing steps to reduce our operating cost base, the Company can move forward with a cleaner capital structure.”