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Mogo reiterates support for KAOS Capital's call for change at WonderFi, expressing disappointment in WonderFi's board for attacking its largest shareholders instead of addressing operational and governance issues.
Mogo ribadisce il suo sostegno all'appello di KAOS Capital per un cambiamento in WonderFi, esprimendo delusione per l'atteggiamento del consiglio di WonderFi, che ha attaccato i suoi maggiori azionisti invece di risolvere i problemi operativi e di governance.
Mogo reafirma su apoyo al llamado de KAOS Capital para un cambio en WonderFi, expresando su decepción por cómo la junta de WonderFi ha atacado a sus principales accionistas en lugar de abordar los problemas operativos y de gobernanza.
Mogo는 WonderFi에서의 변화를 위한 KAOS Capital의 요구에 대한 지지를 재확인하며, 운영 및 거버넌스 문제를 해결하기보다는 주요 주주들을 공격하는 WonderFi 이사회에 대해 실망감을 표현했습니다.
Mogo réitère son soutien à l'appel de KAOS Capital pour un changement chez WonderFi, exprimant sa déception face à l'attitude du conseil d'administration de WonderFi qui attaque ses principaux actionnaires au lieu de s'attaquer aux problèmes opérationnels et de gouvernance.
Mogo bekräftigt seine Unterstützung für den Aufruf von KAOS Capital nach Veränderung bei WonderFi und äußert seine Enttäuschung darüber, dass der Vorstand von WonderFi seine größten Aktionäre angreift, anstatt sich um operative und Governance-Probleme zu kümmern.
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WonderFi board attacking largest shareholders instead of addressing operational and governance issues
VANCOUVER, British Columbia--(BUSINESS WIRE)--
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today reiterated the Company’s support for KAOS Capital Inc. (“KAOS”) and its call for change at WonderFi Technologies Inc. (“WonderFi”) (TSX:WNDR), including KAOS’s intention to nominate a new slate of directors to the WonderFi board. Mogo also confirms that the Company has, at all times, acted in accordance with its contractual obligations and applicable laws in respect of its support for KAOS.
Mogo is disappointed that the board of WonderFi has chosen to continue spending time and shareholder money attacking its largest shareholders, including Mogo, in an effort to distract from the operational and governance issues at WonderFi, rather than engaging productively to create value for all shareholders.
About Mogo
Mogo Inc. (NASDAQ:MOGO; TSX:MOGO) is a financial technology company headquartered in Vancouver, Canada with more than 2 million members, $9.9B in annual payments volume and a ~13% equity stake in Canada’s leading Crypto Exchange WonderFi (TSX:WNDR). Mogo offers simple digital solutions to help its members dramatically improve their path to wealth-creation and financial freedom. Mogotrade offers commission-free stock trading that helps users thoughtfully invest based on a Warren Buffett approach to long-term investing – and make a positive impact with every investment. Moka offers Canadians a real alternative to mutual funds that overcharge and underperform with a passive investing solution based on a S&P 500 strategy at a fraction of the cost. Through its wholly owned digital payments subsidiary, Carta Worldwide, Mogo also offers a low-cost payments platform that powers next-generation card programs for companies across Europe and Canada. The Company, which was founded in 2003, has approximately 200 employees across its offices in Vancouver, Toronto, London & Casablanca.
mogo is a different kind of finance company. with canadians currently carrying record levels of debt, we’re here to help consumers push back. our goal is to save canadians $1 billion with our mogo card and range of mogo money loans. we don’t want you to spend more so we can make more money from your bad decisions. mogo wants you to spend smarter. that could mean spending less or it could simply mean borrowing money in different ways. we have a full range of personal loans to meet your financial needs, whatever they might be, including our recently introduced installment loan product mogoliquid. on signing up for a mogo account you have access to a range of mogo perks including a free prepaid visa card, free credit score and access to treats and events. check out our website mogo.ca for more information about what we offer and our latest blog posts on how to do more spend less. we’re based in vancouver, bc and are always looking for great talent. if you would like to join the te
