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WonderFi Announces Rescheduled Hearing for Application with Supreme Court of British Columbia to Extend the AGM Deadline
Toronto, Ontario--(Newsfile Corp. - April 20, 2026) - WonderFi Technologies Inc. (TSX: WNDR) (OTC...
About this update from Wonderfi Technologies Inc
[{"type":"text","content":"WonderFi Announces Rescheduled Hearing for Application with Supreme Court of British Columbia to Extend the AGM DeadlineToronto, Ontario--(Newsfile Corp. - April 20, 2026) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) (\"WonderFi\" or the \"Company\") announces that due to scheduling restraints in regular chambers at the Supreme Court of British Columbia (the \"Court\"), the Company's previously announced and filed notice of application (the \"Application\") seeking an order to extend the deadline for holding its annual general meeting (the \"AGM\") to July 2, 2026 (see news release dated March 18, 2026) was not heard on April 13, 2026. The Company has rescheduled the hearing of the Application before a judge of the Court from April 13, 2026 to April 22, 2026 at 9:45 a.m. (Vancouver time) at 800 Smithe Street, Vancouver, British Columbia V6Z 2E1, which remains subject to Court availability to hear the Application. The Application for the extension of the AGM is sought under the final order of the Court approving the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the \"BCBCA\"), pursuant to which Robinhood Markets, Inc. (NASDAQ: HOOD) (\"Robinhood\"), will indirectly acquire all of the issued and outstanding common shares of WonderFi (the \"Transaction\"). In the alternative, the Application seeks an order from the Court under Section 186 of the BCBCA. The Company filed the Application to extend the deadline for the AGM in light of the impending Transaction. Robinhood and WonderFi are continuing to work on post-closing integration, which will facilitate Robinhood's deployment of its proprietary technology in Canada, and WonderFi continues to anticipate a closing of the Transaction in the first half of 2026, subject to the satisfaction or waiver of the remaining conditions to closing of the Transaction as set forth in the arrangement agreement (as amended) governing the Transaction.About WonderFiWonderFi is a leader in centralized and decentralized financial services and products.With over $1.6 billion in client assets under custody, WonderFi's regulated trading platforms are well-positioned to service crypto participants on a global scale with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applicat...