Mogo Announces that Coinsquare, WonderFi and CoinSmart Complete Business Combination
Summary
“We congratulate the companies on completing this milestone transaction, creating a unique investment opportunity with the leading crypto exchange in Canada,” said Greg Feller, President and CFO. “Mogo shareholders move forward with meaningful ownership in a public company with the only fully regulated crypto exchange, as well as scale and diversification that we believe positions them well to benefit from long-term growth trends in the industry and to build value for shareholders over time.” This news release may contain “forward-looking statements” within the meaning of applicable securities legislation, including statements regarding products and services of the combined company, WonderFi, and its long-term growth trends. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at the time of preparation, are inherently subject to significant business, economic and competitive uncertainties and contingencies, and may prove to be incorrect. Except as required by law, Mogo disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Through Mogo’s wholly-owned subsidiary, Carta Worldwide, we also offer a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe and Canada.