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WonderFi to Acquire Blockchain Foundry

September 01, 2022

Blockchain Foundry Inc. (CSE:BCFN) (“BCF”) and WonderFi Technologies Inc. (TSX: WNDR) (“WonderFi”) have entered into an arrangement agreement pursuant to which WonderFi will acquire all of the outstanding shares of BCF at an exchange ratio of 0.2155 common shares of WonderFi for each common share of BCF.

BCF develops and commercializes blockchain-based business and consumer solutions, with a focus on infrastructure for digital assets and NFTs (such as its NFT marketplace). WonderFi is a leading technology company with the mission of creating better, unified access to digital assets through centralized and decentralized platforms (including the crypto asset trading platform operated by its subsidiary, Bitbuy Technologies Inc.).

Wildeboer Dellelce is representing BCF in connection with the arrangement with a team comprised of Geoffrey Cher, Joel Fraser, Katie Drury and Bronwyn Newell (Corporate/Securities) and Katy Pitch (Tax) and Colin Romano (Tax and Corporate/Securities).

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