RedCloud issues 74,000 shares to CEO Justin Floyd at USD 2.5 in private placement
RCT•RedCloud sets CEO remuneration terms with private placement
RedCloud set new CEO remuneration terms via a private placement of 74,000 unregistered ordinary shares to Justin Floyd.
Shares were priced at USD 2.5 each for a USD 185,000 subscription, set at a substantial premium to the Sept. 21 close.
Payment was structured as a set-off against financial liabilities RedCloud owes Floyd, with issuance expected on or about Sept. 22, 2026.
