WeCommerce to Combine with Tiny
Summary
WeCommerce provides merchants with a suite of ecommerce software tools to start and grow their online stores. Its family of companies and brands includes Pixel Union, Out of the Sandbox, KnoCommerce, Archetype, Yopify, SuppleApps, Rehash, Foursixty and Stamped. Tiny, after the transaction, will consist of three core operating segments and several standalone businesses: • Beam: digital services group, with many fortune 500 clients; included in Beam is subsidiary MetaLab, which has helped some of the world’s top companies design, build and ship digital products and services for over 15 years • Dribbble: leading social network and marketplace for digital designers and creatives • Standalone: several independent software and internet businesses including Meteor Software and We Work Remotely. Andrew Wilkinson and Chris Sparling together own 98% of Tiny prior to its merger with WeCommerce. Mr. Wilkinson is also a significant shareholder of WeCommerce through Tiny Holdings Ltd. and Wilkinson Ventures Ltd., which entities collectively own approximately 27% of the issued and outstanding Class “A” common shares of WeCommerce.