NameSilo portfolio company ALCHEMY LABS INC completes IPO and lists on TSX Venture Exchange

Rhea-AI Summary

NameSilo Technologies (OTC:URLOF, CSE:URL) announced that portfolio company Alchemy Labs completed an IPO of 13,738,447 units at $1.00 each, raising gross proceeds of $13,738,447. Alchemy’s shares are approved for listing on the TSX Venture Exchange under symbol ALCH, with trading expected to begin July 13, 2026.

Positive

• Alchemy Labs IPO raises gross proceeds of $13,738,447
• 13,738,447 Alchemy units issued at $1.00 per unit
• Alchemy Labs approved for TSX Venture Exchange listing under symbol ALCH

Negative

• Alchemy Labs shares currently halted until expected TSXV trading start on July 13, 2026

News Market Reaction – URLOF

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In the Jul 9 session, URLOF gained 2.75%, reflecting a moderate positive market reaction.

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CSE: URL / OTC: URLOF

VANCOUVER, BC, July 9, 2026 /PRNewswire/ - NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF) (the "Company"), is pleased to announce that portfolio company Alchemy Labs Inc. has completed its Initial Public Offering (IPO) of 13,738,447 units (each a "Unit") of Alchemy at a price of $1.00 per Unit (the "Offering Price") for total gross proceeds of $13,738,447.

The Shares were approved for listing on the TSX Venture Exchange ("TSXV") under the trading symbol "ALCH". The Shares are currently halted, and the halt is expected to be lifted and trading is expected to commence on July 13, 2026.

Namesilo CEO Paul Andreola states: "We are incredibly pleased to see Alchemy successfully complete its $13.7 million IPO financing and prepare to begin trading on the TSXV on Monday. Having supported the company over the past five years, we've had the opportunity to watch the team execute against an ambitious vision while building differentiated technologies in both the automotive and defense sectors with significant commercial potential. This milestone is a testament to the dedication of Alchemy's management, employees, and shareholders, and we look forward to continuing to support the company as it embarks on this exciting next chapter as a public company."

For additional information please refer to TMX news release below:

https://www.newsfilecorp.com/release/304575

About NameSilo Technologies Corp. and NameSilo LLC

NameSilo Technologies Corp. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. NameSilo does not invest on behalf of any third-party and it does not offer investment advice.

NameSilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, NameSilo is one of the fastest growing domain registrars in the world with approximately 6.2 million active domains under management from approximately 160 countries.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward-looking statements.

NEITHER THE CSE NOR ITS REGULATION SERVICES PROVIDERS (AS THAT TERM IS DEFINED IN THE POLICIES OF THE CSE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

View original content:https://www.prnewswire.com/news-releases/namesilo-portfolio-company-alchemy-labs-inc-completes-ipo-and-lists-on-tsx-venture-exchange-302822100.html

SOURCE NameSilo Technologies Corp.

FAQ

What did NameSilo Technologies (OTC:URLOF) announce about Alchemy Labs’ IPO on July 9, 2026?

NameSilo announced that portfolio company Alchemy Labs completed an IPO of 13,738,447 units at $1.00 each, raising $13,738,447. According to NameSilo, this follows five years of support as Alchemy developed technologies in automotive and defense markets.

How large was the Alchemy Labs IPO associated with NameSilo Technologies (URLOF)?

The Alchemy Labs IPO consisted of 13,738,447 units priced at $1.00 per unit, for gross proceeds of $13,738,447. According to NameSilo, each unit was sold at the offering price of $1.00 on completion of the financing.

When will Alchemy Labs shares start trading on the TSX Venture Exchange under symbol ALCH?

Alchemy Labs shares are expected to begin trading on the TSX Venture Exchange on July 13, 2026. According to NameSilo, the shares are currently halted but have been approved for listing under the trading symbol ALCH.

What sectors does Alchemy Labs, a NameSilo (URLOF) portfolio company, focus on?

Alchemy Labs focuses on technologies in the automotive and defense sectors. According to NameSilo, the company has built differentiated technologies in these areas, which it describes as having significant commercial potential as Alchemy transitions to life as a public company.

What does the Alchemy Labs IPO mean for NameSilo Technologies (OTC:URLOF) investors?

The IPO makes NameSilo’s portfolio company Alchemy Labs a publicly listed firm on the TSX Venture Exchange. According to NameSilo, it plans to continue supporting Alchemy as it begins trading under symbol ALCH following the $13,738,447 financing.