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Stock impact report

Mogo Finance Technology and Difference Capital Announce Completion of Business Combination and Formation of Mogo Inc.

Mogo Inc. - Common Shares (MOGO) 
Company Research Source: PR Newswire
VANCOUVER, June 21, 2019 /PRNewswire/ - Mogo Finance Technology Inc. (TSX:MOGO) (NASDAQ: MOGO) ("Mogo") and Difference Capital Financial Inc. (now "Mogo Inc.") (TSX: DCF) ("Difference" or, following the Arrangement (as defined below), the "Combined Entity") are pleased to announce the completion of Mogo's previously announced arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) ("BCBCA"), pursuant to which Mogo combined its business with the business of Difference. The Arrangement became effective at 12:01 a.m. (PST) on June 21, 2019 (the "Effective Time").  Prior to the consummation of the Arrangement, Difference completed the Continuance (as defined below) and changed its name to "Mogo Inc."."We are excited to finalize this transaction, which provides the company with additional resources to continue executing on our vision," said David Feller, Mogo's Founder and CEO. "Banking is changing, and the future will be dominated by a mobile-first app that Show less Read more
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