The gross proceeds of the Offering are expected to be approximately $20 million before deducting underwriting discounts and offering expenses, assuming no exercise of the over-allotment option. The Offering is expected to close on March 24, 2025, subject to the satisfaction of customary closing conditions.
The ordinary shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "RCT" on March 21, 2025.
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