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Wellfield Technologies’ Agreement with Leonovus Expires

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Wellfield Technologies’ Agreement with Leonovus Expires

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Wellfield Technologies Inc ( (TSE:WFLD) ) has provided an announcement.

Wellfield Technologies Inc. announced the expiration of its amended and restated share purchase agreement with Leonovus Inc. concerning the proposed acquisition of Wellfield’s subsidiary, Tradewind Markets Inc. The agreement expired as the outside date of November 30, 2025, lapsed without an extension. This development may impact Wellfield’s strategic plans regarding its asset digitization and trading operations, potentially affecting its market positioning and stakeholder interests.

More about Wellfield Technologies Inc

Wellfield Technologies Inc. is a leading fintech company that specializes in innovative solutions leveraging blockchain technology. The company operates the Coinmama platform, which provides seamless access to the cryptocurrency market for over 3.5 million registered users across 180 countries. Wellfield also offers disruptive on-chain and web3 secure self-custody solutions and operates the Tradewind Markets platform to digitize and trade real-world assets, including VaultChain™ Gold and VaultChain™ Silver products.

Average Trading Volume: 107,999

Technical Sentiment Signal: Sell

Current Market Cap: C$1.79M

For an in-depth examination of WFLD stock, go to TipRanks’ Overview page.

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