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WeShop (Direct Listing)

WeShop Holdings Ltd. (Ticker: WSHP US) is incorporated in the British Virgin Islands and operates a platform that combines social networking with e-commerce. The company was founded in 2011 and connects users to over 500 retailers in the UK via user-generated content, product reviews, and direct shopping options.

The company's "Shareback" mechanism rewards users with shares in the company through purchases and referrals;these points convert to shares distributed from the WeShop Community Trust, which holds 45% of the company's shares.

WeShop Holdings Ltd. is conducting a direct listing on NASDAQ on November 10, 2025. The listing involves the resale of up to 15.77 million Class A ordinary shares by existing shareholders, with no new shares issued. No reference price has been set, and the estimated trading volume is $100 million USD. ThinkEquity serves as financial adviser; no underwriters are involved. For the 12 months ended June 30, 2025, the company reported revenues of $0.81 million USD and a net loss of $11.07 million USD.

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