WeCommerce Holdings Ltd. completes $60 million private placement and Going Public Transaction

December 9, 2020

On December 9, 2020, WeCommerce Holdings Ltd. (“WeCommerce”) (TSXV:WE) announced the conversion and exchange of the subscription receipts (the “Subscription Receipts”) issued in connection with its $60 million private placement offering (the “Offering”), co-led by Canaccord Genuity Corp. and TD Securities Inc. (the “Lead Agents”).  The Offering was completed in connection with WeCommerce’s reverse take-over transaction and concurrent listing of its shares on the TSX Venture Exchange.

WeCommerce is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Rehash and Foursixty.

Miller Thomson advised the Lead Agents in connection with Offering with a team comprising of Dwight Dee, Rory Godinho, Erika Lai, and Elizabeth Holden (Capital Markets & Securities).