WeShop Announces Public Filing of Registration Statement pursuant to its ShareBack™ Rewards Plan of WePoints with United States Securities and Exchange Commission for a Proposed Offering of WePoints.

Summary by AI BETAClose X

WeCap plc announced that WeShop Holdings Limited publicly filed a registration statement on Form F-1 with the SEC. The filing relates to the registration of 12,500,000 WePoints, which underpin the ShareBack™ Rewards Plan. This plan serves as WeShop's reward mechanism for users who make purchases or refer other purchasing users via the WeShop platform. The company is progressing towards its proposed listing on the Nasdaq. The registration statement has been filed with the SEC but is not yet effective, and securities may not be sold or offers to buy accepted until it becomes effective.

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WeCap Plc (WCAP)
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