TORONTO, Jan. 24, 2024 /CNW/ – EMERGE Commerce Ltd. (TSXV: ECOM) (“EMERGE“, or the “Company“), a diversified acquirer and operator of niche e-commerce brands, announces that Emerge US Holdings LLC (“EMERGE US“) and Retail Store Networks, Inc. (dba ““) (“WSP” or the “Target”), a direct and indirect subsidiary of the Company respectively, have entered into a share purchase agreement (the “Agreement“) dated January 23, 2024, with Tiny Fund I, LP (the “Buyer“), an arm’s length third party to the Company and a private partnership of Tiny Ltd. (“Tiny“), Emerge US and the Target, pursuant to which EMERGE US intends to sell to the Buyer all of the issued and outstanding shares in the capital of WSP (the “Transaction“).