RedCloud will Hold General Meeting of Shareholders on October 30, 2026
Globe Newswire•06/10/2026•09:21 ET
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Key Highlights
- ➤20-for-1 share consolidation proposed for shareholder approval on October 30, 2026
- ➤Nasdaq minimum bid-price compliance deadline arrives October 12, 2026
- ➤Nasdaq deficiency may trigger delisting determination around October 12, 2026
- ➤RedCloud plans to appeal any delisting determination before Nasdaq’s Hearings Panel
- ➤Share consolidation expected effective around November 13, 2026, if approved
The Board of Directors has convened the General Meeting to approve a 20-for-1 share consolidation to ensure continued compliance with Nasdaq listing requirements
LONDON, Oct. 06, 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 its Board of Directors has convened a General Meeting of shareholders (the “General Meeting”) to be held on Friday, October 30, 2026 at 10:00AM ET / 14:00 GMT for shareholders of record as of the close of business on September 25, 2026.
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