Squire Patton Boggs has advised Kooth plc, a leading provider of online mental health services, on the admission of its entire issued, and to be issued, ordinary share capital to trading on the AIM market of the London Stock Exchange.
The Capital Markets team, led by Corporate partner Hannah Kendrick, included partner Jane Haxby, senior associate Hannah Crosland, director Louise Barber, and associates Andrew Gawley and Harry Hobson, as well as tax partner Mark Simpson and senior associate Emma Perez.
Kooth is the UK’s largest digital mental health provider to the NHS for children and young people aged 10-25, offering digital mental health services and a broad range of therapeutic tools and interventions to the health service, as well as to businesses and charities. The company intends to use the new funds to support its growth plans, which include investing in its platform and service offering and expanding within strategic markets.
“We are delighted to support Kooth plc on its IPO on AIM,” said Hannah Kendrick. “In a year that has seen challenging conditions and uncertainty affect the market, we are proud to have assisted Kooth in becoming the first digital mental health platform to list on the London Stock Exchange.”