WeShop Holdings, a UK-based social commerce platform that offers consumers shares in the company, completed its direct listing on the Nasdaq and began trading on Friday, November 14, 2025.
The Registered Shareholders had planned to sell up to 4.0 million Class A shares.
WeShop had previously sold shares in a March 2024 private placement at a split-adjusted price of $25.40. The company opened for trading on Friday at $20.02 and ended its first day at $30.21 (+51% from opening price). On Monday, 11/17, it closed at $39.51 (+97%).
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.
WeShop Holdings listed on the Nasdaq under the symbol WSHP. As a direct listing without a firm commitment offering, there were no underwriters on the deal; ThinkEquity served as a financial advisor.
