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UK-based social commerce platform WeShop selects November 10 for Nasdaq direct listing date

October 17, 2025
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WeShop Holdings, a UK-based social commerce platform that offers consumers shares in the company, is expected to begin trading on the Nasdaq on Monday, November 10, 2025, according to an amendment filed with the SEC on Friday. In its latest filing, the company also disclosed the completion of a 1-for-4 reverse stock split and disclosed financials for the six months ended June 30, 2025. It also registered "WePoints" for its Shareback Plan in a separate F-1.

The Registered Stockholders plan to sell up to 4.0 million Class A shares. WeShop Holdings previously sold Class A shares at a price of $6.40 per share ($25.40 as adjusted for the reverse stock split) to investors in a private placement in March 2024.

The company provides a network for consumers to review purchases in exchange for points, receiving points either by referring others to the platform, or purchasing from another user's recommendation. WeShop provides users with a reward system called WePoints, which it plans to make convertible into shares of WeShop stock following its listing on the Nasdaq.

The St. Helier, Jersey-based company was founded in 2021 and booked $1 million in revenue for the 12 months ended June 30, 2025. It plans to list on the Nasdaq under the symbol WSHP. As a direct listing without a firm commitment offering, there are no underwriters on the deal; ThinkEquity will serve as a financial advisor.