05:27 PM EDT, 03/24/2025 (MT Newswires) -- RedCloud Holdings ( RCT ) said Monday it closed its $20 million initial public offering, selling 4.4 million shares at $4.50 per share.

Underwriters have a 30-day option to buy up to an additional 666,666 shares, according to RedCloud ( RCT ).

The company's shares started trading on the Nasdaq on Friday and closed 6.2% higher Monday at $4.78.