Wishpond Announces Filing of Preliminary Short-Form Prospectus for Previously Announced Bought Deal Offering

Wishpond has filed a preliminary short form prospectus with the securities commissions in each of the provinces of Canada, other than Québec, in connection with its previously announced bought deal offering of 4,000,000 common shares of the Company at a price of $1.75 per share for aggregate gross proceeds of $7,000,000 through a syndicate of underwriters led by Beacon Securities Limited and including PI Financial Corp.

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Wishpond Announces $7 Million Bought Deal Public Offering

Wishpond announced that it has entered into an agreement with Beacon Securities Limited (“Beacon”), as lead underwriter and sole bookrunner, on its own behalf and on behalf of a syndicate of underwriters including PI Financial Corp., Desjardins Securities Inc., Haywood Securities Inc. and Paradigm Capital Inc.

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Today In Acquisitions: Invigo Media, Crowd Content, Xpertdoc Technologies

Over the past week, three Canadian tech startups have been acquired: Invigo Media, Crowd Content, and Xpertdoc Technologies. Here’s the latest on Canada’s movers and shakers.

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Wishpond to Acquire PersistIQ Inc. – a Cutting Edge Sales Automation Technology Company

Profitable Silicon-valley based acquisition expands Wishpond’s technology and capabilities into the complementary sales automation market.

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Wishpond Completes Acquisition of Invigo Media Corp., a Leader in Providing Digital Marketing Solutions to Medical Clinics

The acquisition of Invigo is immediately accretive to Wishpond, expands Wishpond’s business into the medical and digital health sectors and will help to accelerate Wishpond’s product roadmap.

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Wishpond Enters into Capital Markets Advisory Services Agreement with Angad Capital

Wishpond has retained Angad Capital Inc. (“Angad Capital”), to provide corporate strategy, capital markets advisory and investor relations services. In connection with the engagement, Angad Capital has been awarded a consulting agreement for an initial term of one year commencing January 1, 2021, for a fee of $10,000 per month.

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