Monday, September 15, 2025

WonderFi Looks To Raise $20 Million Via Bought Deal

WonderFi Technologies (NEO: WNDR) is looking to take advantage of the current positive sentiment within the crypto related space. The company this morning announced that it has entered an arrangement with Canaccord Genuity to conduct a bought deal private placement.

The financing will see total gross proceeds of $20.0 million raised via the sale of a total of 10.3 million units of the company. Each unit is to be priced at $1.95 per each, with each unit containing one common share and one half of a common share purchase warrant.

Each warrant is priced at $2.55 per common share and is valid for a period of 36 months from the date of issuance. An acceleration clause is also present on the warrant, enabling the company to accelerate the expiry of the warrants in the event the equity trades above $4.00 for a period of five consecutive days on a volume weighted basis.

A 15% over-allotment option has also been granted by the company, enabling the sale of up to an additional 2.6 million units.

Proceeds from the financing are to be used to accelerate the firms product development efforts aa well as enhance the distribution of these products, and for general working capital purposes.

The financing is currently slated to close October 26.

WonderFi Technologies last traded at $2.29 on the Neo Exchange.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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