Mogo Nominates Independent Candidate for Election to WonderFi’s Board of Directors – Supports KAOS Capital’s Call for a Fundamental Transformation of Board
Mogo Inc. - Common Shares (MOGO)
Company Research
Source: Business Wire
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today announced that, pursuant to its investor rights agreement ("IRA") with WonderFi Technologies Inc. ("WonderFi") and the Company's right thereunder to nominate one director (the “Mogo Director Nominee”) for election to the Board of Directors of WonderFi (the "Board"), it has nominated experienced technology and financial executive, Christoper Payne, for election to the Board at WonderFi's upcoming 2024 Annual General Meeting of Shareholders (the “2024 Meeting”). Mogo is WonderFi’s largest shareholder, holding approximately 87 million common shares (~13% ownership interest) of WonderFi (the “WonderFi Shares”). Mogo also announced that it has entered into a voting agreement with KAOS Capital Ltd. (“KAOS Capital”) supporting a slate of new directors at WonderFi. KAOS’ press release from this morning may be found at the following link: https://www.businesswire.com/news/home/
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MOGO
News
- Mogo Reiterates Support for KAOS Capital’s Call for Change at WonderFiBusiness Wire
- Mogo to resume share repurchases under NASDAQ buyback programBusiness Wire
- Mogo Inc. (NASDAQ: MOGO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $8.00 price target on the stock.MarketBeat
- Mogo Reports Results for Q4 & FY 2023Business Wire
- Mogo Inc. (NASDAQ: MOGO) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $8.00 price target on the stock.MarketBeat
MOGO
Sec Filings
- 4/4/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/21/24 - Form 6-K
- MOGO's page on the SEC website