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Mogo's WonderFi Stake Set for Monetization Following Shareholder Approval of Robinhood Acquisition

1. WonderFi shareholders approved acquisition by Robinhood, affecting MOGO's market position. 2. MOGO’s association with WonderFi may bolster credibility and investor interest.

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FAQ

Why Bullish?

Approval of the acquisition can enhance MOGO's market strategy and partnerships, similar to previous successful tech mergers that boosted stock value.

How important is it?

The acquisition strengthens MOGO’s position in the digital wealth sector, indicating a potentially lucrative synergy that may attract investors.

Why Short Term?

Immediate investor sentiment may shift positively due to acquisition approval, similar to past market reactions seen during influential mergers.

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HOODWONDF
VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ: MOGO; TSX: MOGO), a digital wealth and payments company, today provided an update on the previously announced acquisition of WonderFi Technologies Inc. (“WonderFi”) by Robinhood Markets, Inc. (“Robinhood”). On July 17, 2025, WonderFi announced that its securityholders voted in favor of the proposed acquisition at a special meeting of securityholders. The full voting results and next steps can be found in WonderFi's press release.

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