Mogo Inc. announced it has applied to the Toronto Stock Exchange (TSX) to extend the expiry date of 1,120,371 common share purchase warrants. These warrants were originally issued as part of a US$27.5 million Registered Direct offering in December 2021.
The warrants were set to expire on June 13, 2025, and the application seeks to provide additional time for their exercise. This move reflects the company's ongoing management of its capital structure.
The extension could allow warrant holders more opportunity to realize value, depending on future stock performance. This is a routine but important corporate action for investors to note.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.