Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Tiny Ltd. Capital/Financing Update 2023

Jun 23, 2023

47831_rns_2023-06-22_8dd349e6-71f5-4d46-8ab5-e46c96cabd61.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [69 x 40] intentionally omitted <==

Tiny Engages Investor Relations Advisors

Victoria, British Columbia, June 22, 2023 – Tiny Ltd. (TSXV: TINY) (formerly, WeCommerce Holdings Ltd.) (“ Tiny ” or the “ Company ”) a leading technology holding company with a strategy of acquiring majority stakes in businesses, announces that it has retained LodeRock Advisors Inc. (“ LodeRock ”) for the purpose of providing investor relations and capital markets communications services, subject to approval by the TSX Venture Exchange. Under the terms of the agreement, which will continue until either party has terminated the agreement upon ninety (90) days’ prior written notice, Tiny will pay LodeRock a monthly fee of C$10,500 for its ongoing services. At the time of this announcement, neither LodeRock nor its principals hold a security position in the Company.

About Tiny

Tiny is a leading technology holding company with a strategy of acquiring majority stakes in wonderful businesses. Tiny has three core business segments, Beam, WeCommerce and Dribbble, with other standalone businesses including a private equity investment fund.

Beam, and its subsidiary companies including MetaLab, helps start-ups to Fortune 500 companies to design, build and ship premium digital products for both mobile and web. The Company’s capabilities as an end-to-end product partner provide clients with intimate insight into end-user behavior, allowing for a thorough, strategy-led approach to product design, engineering, brand positioning and marketing.

WeCommerce provides merchants with a suite of ecommerce software tools to start and grow their online stores. Our family of companies and brands includes Pixel Union, Out of the Sandbox, KnoCommerce, Archetype, Yopify, SuppleApps, Rehash, Foursixty and Stamped. As one of Shopify’s first partners since 2010, WeCommerce is focused on building, acquiring, and investing in leading technology businesses operating in the Shopify partner ecosystem.

Dribbble is a creative network and community that design professionals use to meet, collaborate, and showcase their work. Dribbble also hosts an online marketplace for graphics, fonts, templates, and other digital assets.

Other standalone businesses include several software and internet companies and the operation of a private equity fund where the Company serves as the general partner (the “ Tiny Fund ”). The Tiny Fund commenced operations in August 2020 and has total committed capital of US$150 million.

For more about Tiny, please visit www.tiny.com or refer to the public disclosure documents available under Tiny’s SEDAR profile on SEDAR at www.sedar.com.

==> picture [69 x 40] intentionally omitted <==

Company Contact: David Charron Chief Financial Officer Phone: 416-418-3881 Email: [email protected]

Investor Contact: Jonathan Ross Phone: 416-283-0178 Email: [email protected]

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.