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RedCloud appeals Nasdaq delisting after failing to meet $1 minimum bid price rule

Market News
14 Oct 2026
GlobeNewsWire
View Source
Bearish
RedCloud appeals Nasdaq delisting after failing to meet $1 minimum bid price rule

RedCloud Holdings received a Nasdaq Staff Delisting Determination due to its stock price falling below the $1 minimum bid price required by Nasdaq rules. The company has filed an appeal and requested a hearing to prevent immediate delisting, allowing its shares to continue trading under the symbol "RCT". RedCloud plans to propose a reverse stock split at an upcoming shareholder meeting to regain compliance. The outcome of the appeal and shareholder vote will determine if RedCloud remains listed on Nasdaq.

RedCloud Holdings and its Nasdaq delisting appeal are noted here with Pluang's Technology sector data as of Oct 15, 2026 03:23 WIB. Of 150 priced Technology-sector US stocks tradable on Pluang, 30 rose and 118 fell today. Notable movers include IREN at USD 30.34 with a 1-day change of -12.82%, CIFR at USD 9.89 down 12.79%, and CORZ at USD 13.56 down 12.09%, with CORZ showing 100% buy order activity on Pluang.

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