WeShop frees 2.45M shares from lock-up July 13
WeShop Holdings Limited has waived lock-in restrictions on the Class A ordinary shares held by Sidney PTC Limited under its Articles.
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Rhea-AI Filing Summary
WeShop Holdings Limited has waived lock-in restrictions on the Class A ordinary shares held by Sidney PTC Limited under its Articles. The board approved the waiver on June 23, 2026, effective July 13, 2026, allowing Sidney’s holdings to become freely transferable, subject to securities laws. Following this change, 2,453,125 Class A ordinary shares previously subject to transfer restrictions will become freely tradable. In total, about 6,557,501 Class A ordinary shares, representing 57.0% of the Company’s 11,513,102 issued and outstanding Class A ordinary shares as of July 13, 2026, will no longer be subject to lock-up or other contractual transfer restrictions.
Filing Explained
The effective July 13, 2026 waiver makes 2,453,125 shares freely transferable, leaving 57.0% of Class A shares without contractual transfer restrictions.
The
The filing describes the affected securities as existing Class A ordinary shares whose contractual lock-in restrictions have been removed.
Sidney holds approximately
Following the waiver, 6,557,501 Class A ordinary shares—approximately
The filing establishes transferability, not a completed transfer; any later sale or other transfer would be a separate event.
AI-generated analysis. How Rhea-AI works. Not financial advice.