Mogo (MOGO) announced it has monetized approximately $13.8M of its investment in WonderFi Technologies, representing just under 50% of its total holdings in the company. The WonderFi shares were sold at a modest discount to the proposed deal value in connection with WonderFi’s pending acquisition by Robinhood Markets. The company currently plans to hold the remaining shares until that transaction closes, which WonderFi has stated is expected to occur in the second half of 2025, subject to customary closing conditions.
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