Mogo (MOGO) reiterated the Company’s support for KAOS Capital and its call for change at WonderFi Technologies (WONDF), including KAOS’s intention to nominate a new slate of directors to the WonderFi board. Mogo also confirms that the Company has, at all times, acted in accordance with its contractual obligations and applicable laws in respect of its support for KAOS. The company said, “Mogo is disappointed that the board of WonderFi has chosen to continue spending time and shareholder money attacking its largest shareholders, including Mogo, in an effort to distract from the operational and governance issues at WonderFi, rather than engaging productively to create value for all shareholders.”
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