Wishpond Announces SalesCloser Trading Date

• On 7 Apr 2026 Wishpond announced that its spun‑out subsidiary, SalesCloser Technologies Ltd., will begin trading on the TSX Venture Exchange on 9 Apr 2026 under ticker SCAI.
• The announcement confirms the three‑cornered amalgamation previously disclosed (Mar 26 2026) and reiterates Wishpond’s post‑transaction ownership of ~63.3% of SalesCloser.
• Finder’s warrants issued in the Dec 15 2025 bridge financing are now assumed by SalesCloser, exercisable at C$0.60 for two years.

• Expectation vs. reality: The trading commencement was already signaled in multiple prior releases (Mar 26, Mar 27, Mar 30). Market participants were aware that the listing would occur in early April. Consequently, the news is largely a confirmation rather than a surprise.
• Financial effect: No new capital is raised; the transaction’s financing (C$5.45 M concurrent placement) closed on 26 Mar 2026. The only incremental element is the formal trading date and warrant assumption, which have negligible immediate balance‑sheet impact.
• Shareholder value: Existing Wishpond shareholders retain a controlling stake in SalesCloser; the market has already priced this ownership (≈63%). The announcement does not alter that valuation.
• Risk considerations: The only risk is operational – whether SalesCloser can meet its growth targets post‑listing. That risk was already disclosed in earlier filings.

Conclusion: The news is a routine, expected update with modest positive sentiment but no material shift in fundamentals or valuation.

• Wishpond Technologies Ltd.: Provides an AI‑driven marketing platform that includes email automation, landing pages, and lead generation tools. Recent strategic shift focuses on separating its conversational‑AI sales automation product (SalesCloser) into a stand‑alone public entity to unlock dedicated capital for rapid scaling.
• Flagship project: The spin‑out of SalesCloser Technologies Ltd., a SaaS platform delivering AI‑powered sales conversations, targeting ARR > C$2 M and gross margins >80% once scaled.