{"url_path":"/sec/rct/10-k/2026/item-11","section_key":"item-11","section_title":"Item 11 QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/2027360/0001493152-26-023944-index.html","accession_number":"0001493152-26-023944","cik":"0002027360","ticker":"RCT","issuer_name":"RedCloud Holdings plc","edgar_url":"https://www.sec.gov/Archives/edgar/data/2027360/0001493152-26-023944-index.html","primary_entity_key":"0002027360","primary_entity_name":"RedCloud Holdings plc"},"word_count":272,"has_tables":true,"body_markdown":"**ITEM\n11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**\n\n \n\nWe\nare exposed to various market risks, which may result in potential losses arising from adverse changes in market rates, such as interest\nrates, foreign exchange rates and inflation and supply line factors. The effect of inflation and supply line factors and interest rates\nare described in Item 5. Operating and Financial Review and Prospects.\n\n \n\n**Interest\nRate Risk**\n\n \n\nAs\nof December 31, 2025, we had $478,983 in cash and cash equivalents. Our primary exposure to interest rate sensitivity affects the interest\nincome we receive and is affected by changes in the general level of the Bank of England and the United States Fed Funds rate, affects\nbank interest rates. Due to the short-term nature and the low-risk profile of our interest-bearing accounts, an immediate change in interest\nrates would not have a material effect on the fair market value of our cash and cash equivalents and short-term restricted bank deposits\nor on our financial position or results of operations.\n\n \n\n**Foreign\nCurrency Exchange Risk**\n\n \n\nOwing\nto the international scope of our operations, with our principal trading territories at present being in Nigeria, South Africa, Brazil\nand Argentina, fluctuations in exchange rates, particularly between the pound sterling and the U.S. dollar, as well as between the pound\nsterling and the Nigerian Naira, South African rand, Brazilian real and the Argentinean peso, may adversely affect us. As a result, our\nbusiness and the price of our ordinary shares may be affected by fluctuations in foreign exchange rates, which may have a significant\nimpact on the results of our operations and cash flows from period to period."}