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WonderFi Technologies Inc. announced closing of reverse takeover and listing on the NEO exchange

On August 30, 2021, WonderFi Technologies Inc., formerly Austpro Energy Corporation (the Company or WonderFi), completed the acquisition of all of the outstanding shares of DeFi Ventures Inc. (DeFi Ventures) by way of a three-cornered amalgamation, pursuant to which DeFi Ventures and 1302107 B.C. Ltd., a subsidiary of the Company prior to the Company's name change, combined their businesses to form one corporation, WonderFi Digital Inc. (WonderFi Digital), a wholly-owned subsidiary of the Company (the Transaction). Austpro Energy Corporation was an inactive company listed on the TSXV prior to the Transaction.

As a result of the closing of the Transaction (the Closing), the Company will now carry on the business previously carried on by DeFi Ventures. The Company listed the common shares in the capital of the Company on the NEO Exchange Inc. under the stock symbol “WNDR".

WonderFi, headquartered in Vancouver, British Columbia, is a technology company that develops solutions to provide better access to decentralized finance (DeFi) assets.

BLG represented DeFi Ventures with a team led by Julie Bogle and Inaki Gomez that included Dylan Corbett and Frank Hepworth.