Date:	--/--/-- --:--:--
Event Id:	E5DAP5O1U
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	CA:WNDR
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	0.36
Price Per Share Currency:	CAD
News References:	https://api.newsfilecorp.com/redirect/xEvBkCVYx0

Action Notes

WonderFi Technologies Inc a Canadian leader in digital asset products and services, today announced that it has entered into a definitive agreement (the "Arrangement Agreement") with Robinhood Markets, Inc and a wholly owned subsidiary of Robinhood ("Purchaser"). Pursuant to the Arrangement Agreement, the Purchaser will acquire all of the issued and outstanding common shares of the Company ("Common Shares") for C$0.36 per Common Share by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement"). Subject to satisfaction of such conditions, the Arrangement is expected to be completed during the second half of 2025.WonderFi shareholders approved the transaction on 07/17. WonderFi will seek a final order of the Supreme Court of British Columbia to approve the Arrangement at a hearing expected to be held on or about 07/17.WonderFi and Robinhood have advanced planning for post-closing integration to facilitate Robinhood's deployment of its proprietary technology. Due to the fact that certain of the integration enhancements require additional development work and regulatory approval, WonderFi anticipates that the Arrangement will close in the first half of 2026, subject to the satisfaction or waiver of the remaining conditions to closing of the Arrangement as set forth in the arrangement agreement dated May 12, 2025.The Arrangement was approved by the Company's securityholders at a special meeting held on July 17, 2025, and the Company obtained a final order in respect of the Arrangement from the Supreme Court of British Columbia on July 21, 2025. Following receipt of the CIRO Approval, no further regulatory approvals are required in connection with the Arrangement. WonderFi and Robinhood expect the Arrangement to close on or about June 1, 2026, subject to the satisfaction of customary closing conditions.