Mogo (MOGO) provided an update on the previously announced acquisition of WonderFi Technologies by Robinhood (HOOD). On July 17, WonderFi announced that its securityholders voted in favor of the proposed acquisition at a special meeting of securityholders. Mogo is WonderFi’s largest shareholder, holding approximately 82M common shares of the company.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MOGO:
- Largest borrow rate increases among liquid names
- Mogo Finance Technology: Strategic Bitcoin Integration and Asset Sale Bolster Buy Rating with 55% Upside Potential
- Mogo Finance Technology Stock (MOGO) Rockets 80% on $50M Bitcoin Treasury Plan
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Mogo announces $50M Bitcoin treasury authorization
