The Victoria-headquartered company said it has received conditional approval for its stock to move up from the TSX Venture Exchange, which it expects to happen on Oct. 1. Tiny is also consolidating its shares on an eight-to-one basis. Tiny was previously an investor in The Logic. (The Logic)
Talking point: The firm traces its time on the TSX-V to December 2020, when its subsidiary WeCommerce—itself a rollup of online sales tool developers—listed via a reverse takeover. Tiny and WeCommerce merged in January 2023. The firm has since bought companies like Letterboxd, an application for movie tracking and reviews, and Serato Audio Research, which makes DJ software. Last June, former WeCommerce CEO Jordan Taub took over as head of Tiny, with co-founders Andrew Wilkinson and Chris Sparling becoming board chairs. Tiny reported $6.99 million in net profit on $98.1 million in revenue for the first six months of the year. Moving up to the TSX could boost trading in its stock, which has fallen 45.7 per cent this year through Tuesday.