RE: RTO share price uplift30 Oct 2020 12:26
17/09/2020 was when the temporary AIM suspension occured
What we know from RNS-
WeShop plans to launch its proprietary, globally scalable e-commerce platform in Q4 of this year, having established strong links with key partners. WeShop recently announced it had raised £9 million which will help ensure the company's success as it seeks to capitalise on the rapid growth in e-commerce, which is only being accelerated by the global pandemic.
In addition, and as announced on 17 September 2020, the Company has agreed terms for the acquisition of BrandShield in a share for share offer, subject to the finalisation and signing of a share purchase agreement and a placing agreement in relation to a fundraising. The Directors believe that BrandShield is a very exciting value proposition and will benefit greatly from a public listing in order to execute its development roadmap to enable it to win more customers. BrandShield's product is now highly developed and it is aiming to significantly increase sales & marketing activity to capitalise on the rapid growth in its industry, in part caused by an acceleration in online criminal activity caused by COVID-19.