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WonderFi Technologies (TSX:WNDR) launches ATM program

Cryptocurrency, Market News
TSX:WNDR
28 December 2022 08:30 (EDT)

Source: WonderFi.

WonderFi Technologies (WNDR) has established an at-the-market equity program.

Under the program, the company may distribute up to $10,000,000 of common shares to the public at the company’s discretion and subject to regulatory requirements.

Any common shares sold through the ATM Program will be distributed at prevailing market prices at the time of sale. 

Distributions of common shares through the ATM program will be made under the terms of an equity distribution agreement dated December 23, 2022, between the company and Canaccord Genuity Corp. The volume and timing of distributions under the ATM Program will be determined at the company’s discretion.

The ATM program will be effective until October 7, 2024, or until all common shares available under the program have been sold. The net proceeds of any sales of common shares under the program will be used for general corporate and working capital purposes.

WonderFi is a technology company with the mission of creating unified access to digital assets through centralized and decentralized platforms.

WonderFi Technologies Inc. (WNDR) opened trading at C$0.13.


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