Source: WonderFi Technologies.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • 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 Herald

" Innocan Pharma (CSE:INNO) reports successful efficacy test for vaginal derma product

Innocan Pharma (INNO) has announced successful results from a controlled efficacy test of its vaginal derma product.

" @ the Bell: TSX bounces back again

Euro banking drama had a ripple effect felt on Bay Street Friday but Canada’s main stock index dodged another close in the red.
RBC

" Survey shows fraud risk a rising concern for Canadians

Latest survey by Royal Bank of Canada shows Canadians are concerned about spotting scams and that fraud risk will get worse if a recession

" A.I.S. Resources (TSXV:AIS) updates on its Argentina properties

A.I.S. Resources has provided an update to its Pocitos properties in the Salta, Argentina region.