{"id":26625,"date":"2025-05-13T20:31:40","date_gmt":"2025-05-13T20:31:40","guid":{"rendered":"https:\/\/dogewisperer.com\/robinhood-shares-jump-nearly-10-following-acquisition-deal-for-wonderfi-whats-going-on\/"},"modified":"2025-05-13T20:31:40","modified_gmt":"2025-05-13T20:31:40","slug":"robinhood-shares-jump-nearly-10-following-acquisition-deal-for-wonderfi-whats-going-on","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26625","title":{"rendered":"Robinhood Shares Jump Nearly 10% Following Acquisition Deal For WonderFi: What&#8217;s Going On?"},"content":{"rendered":"<div>\n<p><strong>Robinhood Markets Inc<\/strong>. (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/HOOD#NASDAQ\">HOOD<\/a>) shares are trading higher on Tuesday after the company announced it will acquire Canadian crypto trading platform <strong>WonderFi Technologies<\/strong> in an all-cash deal valued at <a href=\"https:\/\/www.benzinga.com\/pressreleases\/25\/05\/b45376489\/mogo-portfolio-company-wonderfi-announces-definitive-agreement-to-be-acquired-by-robinhood-markets\">approximately C$250 million ($178.9 million).<\/a><\/p>\n<p><strong>What To Know:<\/strong> The purchase price of C$0.36 (26 cents) per share represents a 41% premium to WonderFi&#8217;s last closing price and a 71% premium to its 30-day volume-weighted average price, signaling a significant premium for existing shareholders.<\/p>\n<p>The deal will be executed through a statutory plan of arrangement, &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/global\/25\/05\/45390595\/robinhood-shares-jump-nearly-10-following-acquisition-deal-for-wonderfi-whats-going-on\" alt=\"Robinhood\" shares jump nearly following acquisition deal for wonderfi: what going on>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood Markets Inc. (NASDAQ:HOOD) shares are trading higher on Tuesday after the company announced it will acquire Canadian crypto trading platform WonderFi Technologies in an all-cash deal valued at approximately C$250 million ($178.9 million). What To Know: The purchase price of C$0.36 (26 cents) per share represents a 41% premium to WonderFi&#8217;s last closing price [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26625","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26625"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26625\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}