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RedCloud Sets 1-for-100 Reverse Share Split for Nov. 17
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RedCloud Sets 1-for-100 Reverse Share Split for Nov. 17
  • RedCloud Holdings expects its 100-for-1 reverse share split to take effect at 12:01 a.m. on November 17, 2026.
  • Split-adjusted trading on the Nasdaq Capital Market is expected to begin November 17 under the existing symbol RCT.
  • Outstanding ordinary shares will fall from approximately 144,100,000 to approximately 1,400,000.
  • The consolidation aims to meet Nasdaq's minimum bid price requirement; a Nasdaq Hearings Panel hearing is scheduled for November 17.
  • Fractional shares will be sold, with proceeds paid proportionately in cash to affected shareholders.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Redcloud Holdings plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611130005PRIMZONEFULLFEED9877021) on November 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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