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Mogo Inc T.MOGO

Alternate Symbol(s):  MOGO

Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company also offer a digital payments platform that powers card programs for both established global corporations and fintech companies in Europe and Canada.


TSX:MOGO - Post by User

Bullboard Posts
Comment by alderon May 03, 2019 1:50am
54 Views
Post# 29704877

RE:RE:What a difference a day makes

RE:RE:What a difference a day makesHi Sam :

Thanks for this, although I'm not sure that's correct about the $4.25. From the
prospectus :

" to convert Debentures in whole or in part into freely tradeable Common Shares at the Conversion Price; provided however, if the conversion is to occur within 12 months after the Closing Date, then the Conversion Price will be reduced to $4.25 per Common Share" 

It's a little confusing, but I think it means that the conversion at $4.25 could only take place between May 31, 2017 (the closing date) and May 31, 2018. 

Regards
Alder

Bullboard Posts