WeCommerce to Commence Trading on the TSX Venture Exchange
14 Dezember 2020 - 2:00PM
Business Wire
WeCommerce Holdings Ltd. (the “Company”) (TSXV: WE)
announces that its shares will begin trading on the TSX Venture
Exchange on December 14, 2020 under the symbol WE.
“This is an exciting moment for the WeCommerce team and our
portfolio of companies,” said Chris Sparling, CEO of WeCommerce.
“We believe that with this listing we can continue to position
ourselves as the acquirer of choice in the Shopify partner
ecosystem.”
About WeCommerce Holdings Ltd.
WeCommerce is a holding company that owns a family of companies
and brands in the Shopify partner ecosystem, including Pixel Union,
Out of the Sandbox, Yopify, SuppleApps, Rehash and Foursixty. The
Company’s primary focus is to build, grow and acquire businesses
that serve the Shopify Partner ecosystem. These businesses consist
largely of Software as a Service, Digital Goods and Services
businesses. Generally, these businesses build Apps and Themes and
run Agencies that support Shopify merchants.
WeCommerce is focused on acquiring businesses with growth
potential, a sustainable competitive advantage and that are, or
have the potential to become, a leader within their particular
market. The Company targets businesses within the Shopify ecosystem
due to its confidence in the Shopify platform, the fragmented
nature of the ecosystem and the attractive economics that the
businesses generally exhibit. As one of Shopify’s first partners
since 2010, WeCommerce believes it is well positioned to continue
to identify acquisition opportunities in the Shopify Partner
ecosystem.
Cautionary Note Regarding Forward-Looking Information
This press release contains statements which constitute
“forward-looking statements” and “forward-looking information”
within the meaning of applicable securities laws (collectively,
“forward-looking statements”), including statements regarding the
plans, intentions, beliefs and current expectations of the Company
with respect to future business activities and operating
performance. Forward-looking statements are often identified by the
words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”,
“anticipate”, “believe”, “estimate”, “expect” or similar
expressions and includes information regarding the anticipated use
of proceeds of the Offering.
Investors are cautioned that forward-looking statements are not
based on historical facts but instead reflect the Company’s
expectations, estimates or projections concerning future results or
events based on the opinions, assumptions and estimates of
management considered reasonable at the date the statements are
made. Although the Company believes that the expectations reflected
in such forward-looking statements are reasonable, such statements
involve risks and uncertainties, and undue reliance should not be
placed thereon, as unknown or unpredictable factors could have
material adverse effects on future results, performance or
achievements of the Company. Among the key factors that could cause
actual results to differ materially from those projected in the
forward-looking statements are the following: changes in general
economic, business and political conditions, including changes in
the financial markets; changes in applicable laws and regulations
both locally and in foreign jurisdictions; compliance with
extensive government regulation; the risks and uncertainties
associated with foreign markets. These forward-looking statements
may be affected by risks and uncertainties in the business of the
Company and general market conditions, including COVID-19.
Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements
prove incorrect, actual results may vary materially from those
described herein as intended, planned, anticipated, believed,
estimated or expected. Although the Company has attempted to
identify important risks, uncertainties and factors which could
cause actual results to differ materially, there may be others that
cause results not to be as anticipated, estimated or intended and
such changes could be material. The Company does not intend, and do
not assume any obligation, to update the forward-looking statements
except as otherwise required by applicable law.
Investors are cautioned that, except as disclosed in the
management information circular or filing statement prepared in
connection with the Qualifying Transaction, any information
released or received with respect to the Qualifying Transaction may
not be accurate or complete and should not be relied upon. Trading
in the securities of the Company should be considered highly
speculative.
The TSXV has in no way passed upon the merits of the Qualifying
Transaction and has neither approved nor disapproved the contents
of this press release.
Neither the TSXV nor its Regulation Services Provider (as that
term is defined in the policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20201214005235/en/
Evan Brown, Chief Financial Officer evan@wecommerce.co
250-888-9424
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