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WonderFi Announces C$20 Million Bought Deal Private Placement Offering
WonderFi Announces C$20 Million Bought Deal Private Placement Offering Canada N...
About this update from Wonderfi Technologies Inc
[{"type":"text","content":"\n \n \n \n WonderFi Announces C$20 Million Bought Deal Private Placement Offering\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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 19, 2021\n \n /CNW/ - WonderFi Technologies Inc. (NEO: WNDR) (OTC: WONDF) (WKN: A3C166) (\"\n \n WonderFi\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. on its own behalf and, if applicable, on behalf of a syndicate of underwriters (collectively the \"\n \n Underwriters\n \n \") pursuant to which the Underwriters have agreed to purchase for resale, on a bought deal private placement basis, an aggregate of 10,257,000 units of the Company (the \"\n \n Units\n \n \") at a price of\n \n C$1.95\n \n per Unit (the \"\n \n Issue Price\n \n \") for aggregate gross proceeds to the Company of\n \n C$20,001,150\n \n (the \"\n \n Offering\n \n \"). In addition, the Company has granted the Underwriters an option (the \"\n \n Over-Allotment Option\n \n \"), to purchase up to an additional 2,565,000 Units at a price of\n \n C$1.95\n \n per Unit, for a period of 7 days after and including the Closing Date (as herein defined).\n \n \n Each Unit shall consist of one common share of the Company (a \"\n \n Common Share\n \n \") and one-half of one Common Share purchase warrant of the Company (each whole warrant, a \"\n \n Warrant\n \n \"). Each Warrant shall be exercisable to acquire one Common Share at an exercise price of\n \n C$2.55\n \n for a period of 36 months from the Closing Date, subject to an acceleration right exercisable by the Company if at any time following the date that is four months and one day following the Closing Date, the daily volume weighted average trading price of the Common Shares on the NEO Exchange (the \"\n \n Exchange\n \n \") is greater than\n \n C$4.00\n \n per Common Share for the preceding 5 consecutive trading days, the Co...