WonderFi Technologies (TSX:WNDR) announces $5M private placement

WonderFi Technologies (WNDR) announced a brokered private placement for gross proceeds of up to $ 5,016,000 The net proceeds will be used to support working capital requirements for planned operating initiatives at Bitbuy The offering is expected to close on or about January 30, 2023, subject to the receipt of all necessary approvals WonderFi is a technology company with the mission of creating unified access to digital assets WonderFi Technologies Inc. (WNDR) opened trading at C$ 0.26

WonderFi Technologies (WNDR) announced a brokered private placement for gross proceeds of up to $ 5,016,000.

Each unit, priced at $ 0.22, will consist of one common share and one share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of $ 0.30 for a period of 24 months.

Warrants are subject to an acceleration clause.

PI Financial Corp. is acting as the lead agent on behalf of a syndicate of agents. The company has agreed to pay the agents a cash commission and compensation options equal to six per cent of the gross proceeds of the offering.

The offering is expected to close on or about January 30, 2023, subject to the receipt of all necessary approvals.

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$ 0.26.

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WonderFi Technologies (TSX:WNDR) announces M private placement