Source: WonderFi Technologies.
  • WonderFi Technologies (WNDR) has closed a brokered private placement for gross proceeds of $5,016,000
  • The company issued 22,800,000 units at a price of $0.22 per unit
  • The offering was led by PI Financial Corp. and included Canaccord Genuity Corp. and PowerOne Capital Markets Limited 
  • WonderFi is a technology company with the mission of creating unified access to digital assets
  • WonderFi Technologies Inc. (WNDR) opened trading at C$0.195

WonderFi Technologies (WNDR) has closed its previously announced brokered private placement for gross proceeds of $5,016,000. 

The company issued 22,800,000 units at a price of $0.22 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to acquire one additional common share at an exercise price of $0.30 for a period of 24 months.

Warrants issued are subject to an acceleration clause.

The offering was conducted by a syndicate of agents led by PI Financial Corp. and included Canaccord Genuity Corp. and PowerOne Capital Markets Limited.

The net proceeds will be used to support working capital requirements for planned operating initiatives at Bitbuy and for general corporate and working capital purposes.

WonderFi is a technology company with the mission of creating unified access to digital assets through centralized and decentralized platforms.

WonderFi Technologies Inc. (WNDR) opened trading at C$0.195.


More From The Market Online

@ the Bell: TSX keeps it just above the flatline

Driven by materials stocks tracking higher metals prices, utilities led gainers on the TSX while energy and industrials led the drop.
Negotiating in a meeting room

Grid Battery Metals sets spin-off date for AC/DC Battery shares

Grid Battery Metals Inc. (TSXV:CELL) reveals April 25, 2024 as the date for distribution of AC/DC Battery Metals' common shares.