WeShop Holdings (WSHP) investor relations material

Company overview and business model

• Operates a social commerce platform blending user-generated content, online retail, and a rewards mechanism tied to share ownership.

• Users earn shares for purchases and referrals; rewards are distributed via the Shareback Plan and WePoints system.

• Revenue streams include affiliate commissions from retail partners and advertising placements, with partnerships spanning over 1,000 retailers in the UK and US.

• Focuses on community-driven growth, leveraging peer recommendations and influencer partnerships.

• International expansion is a key strategy, with tailored localization, partnerships, and influencer marketing in new markets.

Financial performance and metrics

• As of June 30, 2026, net tangible book value was approximately $(7.0) million, or $(0.60) per share.

• After the offering, as adjusted net tangible book value would be $1.04 per share, with immediate dilution of $4.13 per share to new investors at an assumed price of $5.17.

• UK gross merchandise value (GMV) from June 2022 to March 2028 was £114.06 million, with 927,700 total transactions and 72,150 unique transacting users.

• 1,165,287 WePoints awarded as of September 24, 2026; no redemptions for shares yet.

Use of proceeds and capital allocation

• May receive up to $25,000,000 in gross proceeds from sales to Roth Principal Investments under the Purchase Agreement.

• Proceeds will be used for working capital and general corporate purposes, with management retaining broad discretion over allocation.