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Wishpond Enters into Capital Markets Advisory Services Agreement with Angad Capital
Wishpond Enters into Capital Markets Advisory Services Agreement with Angad Capital ...
About this update from Wishpond Technologies Ltd.
[{"type":"text","content":"\n \n \n \n Wishpond Enters into Capital Markets Advisory Services Agreement with Angad Capital\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Dec. 30, 2020\n \n /CNW/ -\n \n Wishpond Technologies Ltd.\n \n (TSXV: WISH) (the \"\n \n Company\n \n \" or \"\n \n Wishpond\"\n \n ), a provider of marketing focused online business solutions, is pleased to announce that it has retained Angad Capital Inc. (\"\n \n Angad Capital\n \n \"), to provide corporate strategy, capital markets advisory and investor relations services.\n \n \n \n \n \n \n \n \n \n In connection with the engagement, Angad Capital has been awarded a consulting agreement for an initial term of one year commencing\n \n January 1, 2020\n \n , for a fee of\n \n $10,000\n \n per month. Wishpond has also agreed to grant Angad Capital with incentive stock options to purchase 150,000 common shares in the capital of the Company (the \"\n \n Options\n \n \") at a price of\n \n $2.18\n \n per common share. The Options are granted pursuant to the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.\n \n \n Angad Capital was founded and operated by\n \n Pardeep Sangha\n \n , a former ranked investment equity analyst for Haywood Securities Inc. and PI Financial Corp. who specialized in covering small-cap technology companies. Angad Capital provides capital markets advisory services to early-stage technology companies including business plan formation, corporate strategy, valuation and financial modelling, acquisition advisory and investor relations. Angad Capital's clients include WELL Health Technologies Corp. and INEO Tech Corp. As at the date hereof, Angad Capital and\n \n Pardeep Sangha\n \n collectively own 519,637 shares of Wishpond.\n \n \n Wishpond also announces that the Company's Board of Directors has authorized, pursuant to its Stock Option Plan, the grant of incentive stock options to directors, officers, employees and advisors of the Company to purchas...