Taylor Wessing advises RedCloud IPO
Taylor Wessing advised RedCloud Holdings on its successful NASDAQ IPO, highlighting expertise in corporate mandates
International law firm Taylor Wessing has advised RedCloud Holdings ("RedCloud") on its initial public offering (IPO) on NASDAQ. RedCloud's ordinary shares began trading on NASDAQ under the ticker symbol "RCT" on 21 March 2025.
RedCloud is a pioneering platform facilitating the trading of everyday consumer supplies of Fast-Moving Consumer Goods across business supply chains. By leveraging artificial intelligence-driven data insights through its platform, RedCloud tackles longstanding challenges around access and utilisation of key purchase and sales data between brands, distributors and retailers within high-growth consumer markets.
Taylor Wessing has advised RedCloud throughout its lifecycle on various mandates across many practice areas. This transaction demonstrates the firm’s extensive experience in capital markets and corporate work in the technology and adjacent sectors.
Howard Palmer, corporate partner, said "We are delighted to have advised RedCloud on its IPO on NASDAQ. The IPO is a great achievement and a testament to RedCloud's disruptive technology in AI and global trade. Our involvement demonstrates Taylor Wessing's extensive experience in advising on corporate mandates."
Justin Fletcher, General Counsel at RedCloud, said "Howard, Jack and the wider Taylor Wessing team have been invaluable to us throughout this process. Their deep industry knowledge and understanding of our business has been pivotal in helping us achieve this important milestone for our business."
The team was led by corporate partner Howard Palmer and associate Jack Turner, with further support from Rochelle Ampomah-Ababio (Corporate, Trainee), James Giddens (Corporate, Paralegal), Jamie Mehta (Corporate, Paralegal), Liz Wilson (Tax, Partner), Ann Casey (Incentives, Partner), Megan Geiser (Incentives, Associate), Freddie Knottenbelt (Tax, Associate), Vikki Wiberg (Immigration, Senior Counsel), Sian Skelton (Technology, IP and Information, Partner) and Megan Lukins (Technology, IP and Information, Senior Associate).