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WonderFi Faces Potential Takeover Bid
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WonderFi Faces Potential Takeover Bid

WonderFi Technologies Inc (TSE:WNDR) has released an update.

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WonderFi Technologies Inc. has received a director nomination notice from shareholder KAOS Capital, backed by Mogo Inc., in a bid to potentially gain control of the company without offering a premium to other shareholders. WonderFi, a key player in regulated crypto trading, maintains its stance on driving sustainable value for all shareholders and remains well-funded with a robust balance sheet. The company perceives KAOS’s proposal, which includes the nomination of ex-Binance.US executive Brian Shroder, as a fundamental misunderstanding of its operations.

For further insights into TSE:WNDR stock, check out TipRanks’ Stock Analysis page.

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