WonderFi Provides Update on Robinhood Transaction

Executive Summary

• WonderFi confirmed that Robinhood Markets will acquire 100% of WonderFi’s common shares, with the transaction now expected to close in the first half of 2026.
• All required shareholder, warrant holder, and regulatory approvals have been obtained, including a no‑action letter from the Canadian Competition Bureau and a Supreme Court of British Columbia order.
• The company will continue integration planning and provide further updates as required by securities laws.

Key Details

• Transaction: Robinhood Markets, Inc. to acquire all issued and outstanding common shares of WonderFi Technologies Inc. (the “Arrangement”).
• Closing Timeline: Anticipated in the first half of 2026, subject to satisfaction or waiver of remaining closing conditions under the Arrangement Agreement dated May 12 2025.
• Approvals Obtained:
• Shareholder approval
• Warrant holder approval
• No‑action letter from the Canadian Competition Bureau
• Final order from the Supreme Court of British Columbia approving the Arrangement.
• Integration Plans: Post‑closing integration work is underway to enable Robinhood’s deployment of its proprietary technology on WonderFi’s platforms; some enhancements require additional development and regulatory clearance.
• Forward‑Looking Statements: The release contains customary forward‑looking information regarding regulatory approvals, timing, and integration activities.

Notable Quotes

“We are pleased with our active collaboration with Robinhood to make its game‑changing proprietary technology available to our customers. We remain committed to completing this transaction as soon as possible and are working expeditiously to do so,” – Dean Skurka, CEO, WonderFi.