Technology and IT services Transaction services

AIM admission of appScatter

26 September 2017

Moore Kingston Smith assisted tech start-up company appScatter with its AIM listing earlier this month.

appScatter is a scalable business-to-business software-as-a-service platform. It allows its paying users to distribute and manage their apps on multiple app stores as well as tracking performance and compliance.

Moore Kingston Smith’s corporate finance and technology accountants worked closely with the visionary tech company and its nominated adviser, brokers and lawyers throughout the listing process. The firm advised appScatter on compliance, specific regulatory requirements, tax and corporate finance.

On 5 September appScatter raised £9m to secure its admission onto AIM.

Philip Marcella, Founder & CEO of appScatter said: “As with any such process, we faced various challenges but I was pleased with how the Moore Kingston Smith team dealt with them – always available to explain what was required and why, but also able to work with us in resolving them.”

appScatter is set to roll out its platform in Q4 2017 and plans to establish a presence in China in 2018.