WonderFi to pay two advisors 1M in its common shares

After closing its C$45M bought-deal public offering of units, WonderFi (OTCPK:WONDF +7.1%) will issue 1M shares of its common stock to two companies in exchange for their advisory services. The company will issue 500,000 common shares to each of LDL Corp. and O'Leary Productions Ltd. for strategic growth, M&A, and capital market advisory services provided to WonderFi (OTCPK:WONDF) through the period ended Jan. 31, 2022. Investor Kevin O'Leary has said on CNBC that he's a big shareholder in the company. In connection with the recently closed offering, as previously disclosed, the underwriters received a cash commission equal to 6.5% of the gross proceeds from the sale of units and non-transferable broker warrants. For units sold to certain president's list purchasers, the commission was reduced to 3.25%. Previously (Jan. 12), WonderFi Technologies (OTCPK:WONDF) announces C$35M bought deal offering