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RC365 Holding PLC Repays Convertible Loan, Prepares for Fresh Start
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RC365 Holding PLC Repays Convertible Loan, Prepares for Fresh Start

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RC365 Holding PLC ( (GB:RCGH) ) just unveiled an announcement.

RC365 Holding PLC has announced the repayment of a £400,000 convertible loan note to Mill End Capital Limited through a combination of share conversion and cash payment. This transaction involves a top-up subscription agreement with LYS Limited, ensuring no further convertible financial instruments remain, positioning the company for a fresh start in 2025.

More about RC365 Holding PLC

RC365 Holding plc is a payment solutions and fintech company operating primarily in East and Southeast Asia. It offers payment gateway solutions, IT support, digital remittance, payment services, foreign exchange, and premium card solutions. The company serves multinational merchants, SMEs, and individuals, and plans to expand into virtual banking and geographically into the UK and Europe.

YTD Price Performance: -90.0%

Average Trading Volume: 340,315

Technical Sentiment Consensus Rating: Buy

See more insights into RCGH stock on TipRanks’ Stock Analysis page.

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