RC365 Holding (LSE:RCGH) has arranged a placing introduced by Bowsprit Partners, appointed Bowsprit Partners as corporate broker with immediate effect, and cancelled the convertible loan note announced on 26 February, with completion of the placing conditional on Admission.
Bowsprit Partners has acted as RC365's financial adviser since 4 August 2025 and will now provide both financial advisory and corporate broking services and receive 1.75m broker warrants exercisable at the placing price for three years from Admission, RC365 said.
RC365 is a payments and fintech company operating in East and Southeast Asia through subsidiaries Regal Crown Technology and HC Capital.
The convertible loan note financing announced on 26 February has been terminated and will not proceed.
In aggregate up to 12.5m investor warrants will be issued pursuant to the placing.
Following Admission the total number of voting rights in the company will be 176.91m.
