WeCommerce Holdings Ltd. in connection with its merger with Tiny Capital Ltd. to form Tiny Ltd.
Canada | May 24, 2023
Client: WeCommerce Holdings Ltd.
An international team from Norton Rose acted for WeCommerce Holdings Ltd. in connection with its merger with Tiny Capital Ltd., a Victoria, BC-based technology holding company with a strategy of acquiring majority stakes in technology-focused businesses around the world, to form Tiny Ltd. (TSXV: TINY).
The merger closed on April 17, 2023, and was completed through an all-share transaction by way of a three-cornered amalgamation under the British Columbia Business Corporations Act. Upon completion of the merger, the resulting entity has an enterprise value of roughly C$950m (US$710m).
This transaction bolsters Norton Rose Fulbright’s position as a leading international mergers and acquisitions advisor.