KAOS

Mogo Congratulates WonderFi and KAOS Capital on Cooperation Agreement and Expresses Support for Shareholder-Friendly Decision to Nominate Three New Directors

Retrieved on: 
Wednesday, May 1, 2024

The Company also expressed its support for the cooperation agreement between WonderFi and KAOS Capital Ltd. (“KAOS”) (the “Agreement”).

Key Points: 
  • The Company also expressed its support for the cooperation agreement between WonderFi and KAOS Capital Ltd. (“KAOS”) (the “Agreement”).
  • Mogo has also agreed to sell up to 20 million of its approximately 87 million WonderFi shares over time and subject to certain terms and conditions.
  • In connection with the entering into of the Agreement, KAOS and Mogo also agreed to terminate the Voting Agreement.
  • Mogo’s ownership and control of WonderFi shares remained unchanged following the execution of the Amendment and termination of the Voting Agreement.

Mogo Reiterates Support for KAOS Capital’s Call for Change at WonderFi

Retrieved on: 
Wednesday, April 17, 2024

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today reiterated the Company’s support for KAOS Capital Inc. (“KAOS”) and its call for change at WonderFi Technologies Inc. (“WonderFi”) (TSX:WNDR), including KAOS’s intention to nominate a new slate of directors to the WonderFi board.

Key Points: 
  • Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), today reiterated the Company’s support for KAOS Capital Inc. (“KAOS”) and its call for change at WonderFi Technologies Inc. (“WonderFi”) (TSX:WNDR), including KAOS’s intention to nominate a new slate of directors to the WonderFi board.
  • Mogo also confirms that the Company has, at all times, acted in accordance with its contractual obligations and applicable laws in respect of its support for KAOS.
  • Mogo is disappointed that the board of WonderFi has chosen to continue spending time and shareholder money attacking its largest shareholders, including Mogo, in an effort to distract from the operational and governance issues at WonderFi, rather than engaging productively to create value for all shareholders.

Mogo Nominates Independent Candidate for Election to WonderFi’s Board of Directors – Supports KAOS Capital’s Call for a Fundamental Transformation of Board

Retrieved on: 
Wednesday, March 27, 2024

Mogo is WonderFi’s largest shareholder, holding approximately 87 million common shares (~13% ownership interest) of WonderFi (the “WonderFi Shares”).

Key Points: 
  • Mogo is WonderFi’s largest shareholder, holding approximately 87 million common shares (~13% ownership interest) of WonderFi (the “WonderFi Shares”).
  • Mogo also announced that it has entered into a voting agreement with KAOS Capital Ltd. (“KAOS Capital”) supporting a slate of new directors at WonderFi.
  • Unfortunately, WonderFi has refused to engage on these items which we view as critical to the company’s success.
  • On March 27, 2024, Mogo and KAOS Capital entered into the Voting Agreement.

NITRAFLEX® KAOS Launches Nationwide Featuring New Ingredient Technologies

Retrieved on: 
Monday, February 26, 2024

NITRAFLEX KAOS will be launching nationwide in both Vitamin Shoppe and Amazon.

Key Points: 
  • NITRAFLEX KAOS will be launching nationwide in both Vitamin Shoppe and Amazon.
  • With ingredients like Dopaphen™, SuperSodium™, and NO3-T® technologies at its core, this formula is a symphony of precision, engineered to elevate both mental and physical prowess.
  • Dopaphen™, a revolutionary ingredient, sets NITRAFLEX KAOS apart from the competition.
  • GAT Sport CEO Charles Moser made the announcement, “NITRAFLEX KAOS Stim and NON-Stim are our most powerfully explosive pre-workouts to date.

TZP Group Makes Strategic Investments in Leading Dance Entertainment Companies; Forms New Combined Brand “DanceOne”

Retrieved on: 
Thursday, November 30, 2023

This investment is the first for TZP Capital Partners Fund IV and represents the largest institutional investment in the dance industry to date.

Key Points: 
  • This investment is the first for TZP Capital Partners Fund IV and represents the largest institutional investment in the dance industry to date.
  • View the full release here: https://www.businesswire.com/news/home/20231129729206/en/
    DanceOne combines the leading dance innovators to deliver the best dance training and competition offerings in the world.
  • Together, the organizations have hosted more than 500 events annually and serve more than 10,000 dance studios across the world per year.
  • Star Dance Alliance events such as Starpower, Nexstar, Revolution, Believe, Imagine, Dream Maker, The World Dance Championship and others will continue to run independently.

HEXO and Tilray Brands Agree to Create Strategic Alliance Bringing Together Two Canadian Cannabis Leaders

Retrieved on: 
Thursday, March 3, 2022

GATINEAU, Quebec, March 03, 2022 (GLOBE NEWSWIRE) -- HEXO Corp. (TSX: HEXO; NASDAQ: HEXO) ("HEXO" or the “Company"), a leading producer of high-quality cannabis products, today announced that the Company has taken a significant step in executing on its strategic plan -The Path Forward - by finalizing a strategic partnership with Tilray Brands, Inc. (“Tilray Brands”) which includes a new debt financing agreement.

Key Points: 
  • The new partnership also brings together Canadas top two cannabis market share leaders and is expected to create efficiencies of up to C$50 million within two years which will be shared equally between HEXO and Tilray Brands.
  • Irwin D. Simon, Tilray Brands Chairman and CEO, said, We believe the proposed transaction is a win-win for Tilray Brands and HEXO as it would launch a strategic partnership between two leading Canadian cannabis producers with complementary brand portfolios.
  • By bringing on Tilray as a strategic partner and alleviating the unsustainable monthly redemptions, weve allowed HEXO to refocus their strategic plan.
  • As consideration for Tilray Brands purchase of the Notes, Tilray Brands will pay HTI 95% of the then current outstanding principal for the Notes (Purchase Price).

Kao Diversifies Global Management Team and Expands International Representation with the Appointment of Executives Dominic Pratt and First US Female Member Karen Frank

Retrieved on: 
Tuesday, January 11, 2022

TOKYO, DARMSTADT, Germany and CINCINNATI, Jan. 11, 2022 /PRNewswire/ --Leading Japanese Consumer Goods Manufacturer Kao has announced two appointments to its Global Management Team.

Key Points: 
  • TOKYO, DARMSTADT, Germany and CINCINNATI, Jan. 11, 2022 /PRNewswire/ --Leading Japanese Consumer Goods Manufacturer Kao has announced two appointments to its Global Management Team.
  • Karen Frank, President, Consumer Care, AEMEA, and Dominic Pratt, President, Salon, Global are appointed Executive Officers effective January 1st, 2022.
  • They will also be able to consult the leadership team in the companys Tokyo Headquarters on international business matters.
  • "I feel honored to join Kaos global management team as the first Western female Executive Officer.