Mr. Paul Andreola reports
NAMESILO PORTFOLIO COMPANY ALCHEMY LABS INC COMPLETES IPO AND LISTS ON TSX VENTURE EXCHANGE
Namesilo Technologies Corp. portfolio company Alchemy Labs Inc. has completed its initial public offering (IPO) of 13,738,447 units of Alchemy at a price of $1 per unit for total gross proceeds of $13,738,447.
The shares were approved for listing on the TSX Venture Exchange under the trading symbol ALCH. The shares are currently halted, and the halt is expected to be lifted and trading is expected to commence on July 13, 2026.
Namesilo chief executive officer Paul Andreola states: "We are incredibly pleased to see Alchemy successfully complete its $13.7-million IPO financing and prepare to begin trading on the TSX-V on Monday. Having supported the company over the past five years, we've had the opportunity to watch the team execute against an ambitious vision while building differentiated technologies in both the automotive and defence sectors with significant commercial potential. This milestone is a testament to the dedication of Alchemy's management, employees and shareholders, and we look forward to continuing to support the company as it embarks on this exciting next chapter as a public company."
About Namesilo Technologies Corp. and Namesilo LLC
Namesilo Technologies invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets, and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. Namesilo does not invest on behalf of any third party and it does not offer investment advice.
Namesilo LLC is a low-cost provider of domain name registration and management services. As an accredited ICANN registrar, Namesilo is one of the fastest-growing domain registrars in the world with approximately 6.2 million active domains under management from approximately 160 countries.
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