WonderFi Announces Extension to the Outside Date for Robinhood Transaction

Core Viewpoint - WonderFi Technologies Inc. has entered into an amending agreement with Robinhood Markets, Inc. to extend the completion date for the proposed acquisition of WonderFi's common shares to June 1, 2026, allowing more time for integration and regulatory approval [1][2]. Group 1: Transaction Details - The amendment to the arrangement agreement allows for additional time to complete integration enhancements and obtain necessary regulatory approvals [2]. - The anticipated closing of the transaction is expected in the first half of 2026, contingent upon satisfying the remaining conditions outlined in the arrangement agreement [4]. Group 2: Company Overview - WonderFi is a leader in both centralized and decentralized financial services, managing over $2.2 billion in client assets under custody [5]. - The company has a proven track record of launching new products and holds market-leading brands such as Bitbuy, Coinsquare, and Bitcoin.ca, positioning itself to capture market share in the digital asset space [6].