Workflow
blockchains
icon
Search documents
X @Avalanche🔺
Avalanche🔺· 2025-09-07 03:53
RT NOW Wallet (@NOW_Wallet)Avalanche is building the future of fast, scalable blockchains.@avax has 3 chains — for payments, smart contracts, validators — that work together to power DeFi, DApps, and custom L1s at 6,500 TPS!Be part of it. Get AVAX in NOW Wallet:🔗 https://t.co/6go40xztta https://t.co/Kr38iCuBLl ...
WonderFi Securityholders Approve Acquisition by Robinhood; Earnout Rights Holders Approve Amendments to Earnout Rights Indenture
Newsfile· 2025-07-17 21:00
Core Viewpoint - WonderFi Technologies Inc. has received approval from its shareholders and brokers warrant holders for the acquisition by Wrangler Holdings Inc., a subsidiary of Robinhood Markets, Inc. [1][2] Group 1: Acquisition Details - The special resolution for the acquisition was approved by 96.28% of the votes cast by shareholders and 96.3% of the votes cast by brokers warrant holders [2] - Shareholders will receive C$0.36 per share as consideration, while brokers warrant holders will receive a cash amount based on the Black-Scholes value of their warrants [3] - A total of 321,024,400 votes were cast, representing approximately 48.36% of all issued and outstanding shares [2] Group 2: Next Steps and Timeline - WonderFi will seek a final order from the Supreme Court of British Columbia to approve the arrangement, with a hearing expected around July 21, 2025 [4] - The acquisition is anticipated to close in the second half of 2025, contingent on the satisfaction of all conditions in the arrangement agreement [4] Group 3: Earnout Rights Holders - Earnout rights holders have approved an extraordinary resolution to amend the earnout rights indenture, with 98.04% approval [5][6] - The last interim earnout payment period will be from July 1, 2025, to the earlier of the business day before the arrangement's effective date or November 14, 2025, with an aggregate earnout payment of $199,396 to be distributed [7][8] Group 4: Company Overview - WonderFi is a leader in centralized and decentralized financial services, managing over $1.7 billion in client assets [9] - The company aims to provide diversified investment exposure across the global digital asset ecosystem and owns market-leading brands such as Bitbuy and Coinsquare [10]