Mogo Announces Business Combination with Difference Capital Financial
Mogo Inc. - Common Shares (MOGO)
Company Research
Source: PR Newswire
VANCOUVER, April 15, 2019 /PRNewswire/ - Mogo Finance Technology Inc. (TSX:MOGO) (NASDAQ: MOGO) ("Mogo") is pleased to announce the signing of a definitive arrangement agreement (the "Arrangement Agreement") to merge Mogo (the "Transaction") by way of a plan of arrangement with Difference Capital Financial Inc. (TSX:DCF) ("Difference"). Following the combination, the resulting company (the "Combined Entity") is expected to be named 'Mogo Inc.'. Under the terms of the Arrangement Agreement, each common share of Mogo (a "Mogo Share") will be exchanged for one (the "Exchange Ratio") Difference common share (a "Difference Share"). Upon completion of the Transaction, former Mogo shareholders will own approximately 80% of the Combined Entity on a fully diluted basis. Following completion of the Transaction, all of Mogo's outstanding convertible securities will become exercisable or convertible, as the case may be, for shares of the Combined Entity in accordance with the Exchange Ratio.The T
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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