RedCloud Holdings plc has secured a new £2 million revolving credit facility, further strengthening its balance sheet. This new financing agreement follows significant recent financial actions by the company, including the conversion of $66.9 million in shareholder loans to equity and the elimination of all $22.6 million in convertible debt. These steps have reduced RedCloud's total liabilities to $21.4 million from $86.3 million, providing the company with greater financial flexibility to support its global expansion and technology scaling initiatives.
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: GNW9600720-en) on December 11, 2025, and is solely responsible for the information contained therein.