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Seeking Alpha 2023-06-27 20:16:49

CoinSmart, WonderFi, Coinsquare deal gets Supreme Court of B.C. blessing

CoinSmart Financial ( OTCPK:CONMF ), a Canadian-based crypto asset trading platform, said on Tuesday that the Supreme Court of British Columbia approved WonderFi Technologies' ( OTCQB:WONDF ) planned acquisition of CoinSmart. The company also said Coinsquare received a final order from the Supreme Court of British Columbia approving its plan of arrangement with WonderFi ( OTCQB:WONDF ). Closing of the transaction is subject to customary conditions. CoinSmart's ( OTCPK:CONMF ) common shares are expected to be delisted from the NEO Exchange once the transaction is closed. In April, the three companies agreed to the merger , in which Mogo ( NASDAQ: MOGO ) is expected to be the largest shareholder.

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