WeCap Executive Director John Taylor and WeShop Director John Garner interview @JeremyNaylor_IG @IGTV
WeCap ‘standing by’ for its investment in WeShop to pay off
Watch the full interview: https://t.co/irI3ZAJODi
#WCAP#WeShop@WeShopSocial#TeamWeShop#investing#news
Based on the issue price of WeShop’s Ordinary Shares in the last equity raise completed by WeShop at £4.76 per share, the Directors anticipate the value of the WeCap aggregate holding to be around £24.6m.
#WCAP#WeShop#Socialcommerce#IPO
The intention for the majority of WeShop to be owned by its community as a reward for transactional activity via the platform. It is the firm belief that the community creates value in any social platform and should be rewarded for their usage through ownership.
#WCAP#WeShop
WeShop is unique in that it believes in share democratisation which is delivered through its revolutionary ShareBack® mechanism. WeShop will enable the majority of the company to be owned by the community that uses it.
#WCAP#WeShop#Socialcommerce#IPO
The proposed listing of WeShop would be a major step forward in providing our shareholders with a liquidity event that should be transformational to the value of WeCap.
#WCAP#WeShop#Socialcommerce#IPO
WeShop Announces Confidential Submission of Draft Registration Statement to SEC for Proposed Direct Listing.
The direct listing is expected to take place after the SEC completes its review process, subject to market and other conditions.
https://t.co/Y8F6d9s3Cp
#WCAP#WeShop
WeShop:
Confidential Submission of Draft Registration Statement to SEC for Proposed Direct Listing
The proposed listing would also give WeCap a direct see-through valuation from its approximately 16% current holding in WeShop
https://t.co/GuOhqhLarx
#WCAP#WeShop
The global ecommerce market is predicted to be worth around $6.56tn by the end of 2025 – a 7.8 per cent increase from last year.
https://t.co/8zZTAhvjUr
#WCAP#WeShop#socialcommerce#IPO
WeShop Community Update:
'Following direction from our advisors, we are unable to disclose any details with regards to a listing on any recognised investment exchange; until paperwork has been formally submitted.'
https://t.co/4dHhgYDa2g
#WCAP#WeShop#socialcommerce#IPO
The conversion of our CLNs in WeShop now gives WeCap a direct equity interest in WeShop and we look forward to updating the market on WeShop’s continued progress.
#WCAP#WeShop#socialcommerce#IPO
Based on the issue price of WeShop’s Ordinary Shares in the last equity raise completed by WeShop at £4.76 per share, the Directors anticipate the value of this aggregate holding to be around £24.6m.
#WCAP#WeShop#socialcommerce#IPO
WeCap Plc - WeShop Holdings Limited, Conversion of Convertible Loan Notes and Extension of Discounted Capital Bond Repayment Date
https://t.co/fNt4mxXK2s
#WCAP#WeShop#socialcommerce#IPO
Key completed achievements for WeShop's listing process include:
🟣 Appointment of U.S. investment bank.
🟣 Completion of the required financial audit.
🟣 Drafting of principal regulatory documents and verification materials.
#WCAP#WeShop#socialcommerce#IPO
"It is evident that there is a substantial amount of work going on to achieve the transformational goal that a listing would bring in relation to the value proposition of the WeShop business model."
John Taylor Executive Director of WeCap
#WCAP#WeShop#socialcommerce#IPO
WeCap plc - WeShop Update
WeShop has confirmed that as part of its listing process on a recognised stock exchange, its audited accounts for the 12-month periods ending 31/12/2022 and 31/12/2023 have been signed off
https://t.co/Xoskdzfwcp
#WCAP#WeShop#socialcommerce#IPO
WeShop® Community Update: Nov 2024
NEXT UPDATE: Expected 2nd December 2024
WeShop currently working with advisory team to draft required documents for submission to regulatory bodies.
https://t.co/snl6xa0CGR
#WCAP#WeShop#socialcommerce#IPO