RedCloud issues 74,000 shares to CEO Justin Floyd at USD 2.5 in private placement
Bitget2026/09/22 13:26- RedCloud set new CEO remuneration terms via a private placement of 74,000 unregistered ordinary shares to Justin Floyd.
- Shares priced at USD 2.5 each for a USD 185,000 subscription, set at a substantial premium to the Sept. 21 close.
- Payment structured as a set-off against financial liabilities RedCloud owes Floyd, with issuance expected on or about Sept. 22, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The British Pound rallies on a UK growth upgrade and gives more than half back
Only twice in history! S&P 500 equal-weight index is expected to record seven consecutive weeks of decline this week
The S&P 500 Equal Weight Index is expected to fall for a seventh consecutive week. If this downward trend continues through Friday, it will mark only the third time in history that the index has experienced seven straight weeks of decline.
Trump “bites” Powell, demanding his resignation from the Federal Reserve Board, citing severe cost overruns in headquarters renovation.
U.S. President Trump on Wednesday called for former Federal Reserve Chairman Powell to resign from his position as a Fed governor, following an inspector general report on the Federal Reserve headquarters renovation project, which highlighted a series of management issues that led to significant cost overruns.