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Mogo Inc
Symbol MOGO
Shares Issued 74,971,625
Close 2023-08-04 C$ 0.99
Market Cap C$ 74,221,909
Recent Sedar Documents

Mogo files prospectus to raise up to $250M (U.S.)

2023-08-04 20:17 ET - News Release

Mr. Craig Armitage reports

MOGO ANNOUNCES FILING OF PRELIMINARY BASE SHELF PROSPECTUS TO REPLACE RECENTLY EXPIRED BASE SHELF PROSPECTUS

Mogo Inc. has filed a preliminary short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec. The shelf prospectus, when made final and effective, will enable Mogo to offer up to $250-million (U.S.) of common shares, preferred shares, debt securities, warrants to purchase common shares, preferred shares or debt securities, or any combination thereof at any time during the 25-month period that the shelf prospectus remains effective. The final base shelf prospectus is expected to be filed in the week of Aug. 14, 2023, and will replace the company's previous short form base shelf prospectus which expired on May 15, 2023.

The terms of future offerings, the intended use of the net proceeds resulting from such offerings and the terms of the securities to be offered, if any, will be established at the time of any such offering and will be described in a prospectus supplement filed with the applicable Canadian securities commissions at the time of such an offering. The company currently has no plans to undertake a financing.

A copy of the shelf prospectus is available at SEDAR+.

About Mogo Inc.

Mogo, one of Canada's leading digital finance companies, is empowering its members with simple digital solutions to help them build wealth and achieve financial freedom. Mogo's trade app, MogoTrade, offers commission-free stock trading that helps users make a positive impact with every investment and together with Moka, Mogo's wholly owned subsidiary bringing automated, fully managed flat-fee investing to Canadians, forms the heart of Mogo's digital wealth platform. Mogo also offers digital loans and mortgages. Through Mogo's wholly owned subsidiary, Carta Worldwide, it also offers a digital payments platform that powers the next-generation card programs from innovative fintech companies in Europe and Canada.

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