TORONTO, Jan. 31, 2024 /CNW/ – EMERGE Commerce Ltd. (TSXV: ECOM) (“EMERGE“, or the “Company“), a premium e-commerce brand portfolio, is pleased to announce that, further to its press release dated January 24, 2024, it has successfully completed the sale of its indirect subsidiary corporation, Retails Store Networks, Inc. (dba “WholesalePet.com“) (“WSP” or “WholesalePet“) to Tiny Fund I, LP (the “Buyer“) pursuant to a share purchase agreement (the “Agreement“) dated January 23, 2024 between the Buyer, WSP and Emerge US Holdings LLC (“Emerge US“), a subsidiary of the Company, as amended by an amending agreement to the Agreement (the “Amending Agreement“) dated January 31, 2024 between WSP, the Buyer, Emerge US and the Company (the “Transaction“).