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WonderFi Appoints Paul Pathak to Its Board of Directors

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WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) has appointed Paul Pathak to its Board of Directors, effective January 17, 2025. This appointment aligns with the Board's refreshment practices, focusing on optimizing the mix of skills and expertise among board members.

Pathak, a partner at a Toronto-based law firm, brings extensive public market experience, having served on boards of both Canadian and American stock exchanges. Called to the Ontario Bar in 1994, he specializes in corporate, securities, corporate finance, mergers and acquisitions, and commercial law.

Dean Skurka, President and CEO of WonderFi, emphasized that having board members with governance and capital markets expertise in both Canada and the United States is important for the company's continued transformation.

WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) ha nominato Paul Pathak nel suo Consiglio di Amministrazione, con effetto dal 17 gennaio 2025. Questa nomina si allinea con le pratiche di rinnovamento del Consiglio, focalizzandosi sull'ottimizzazione del mix di competenze e conoscenze tra i membri del consiglio.

Pathak, partner di uno studio legale con sede a Toronto, porta con sé un'ampia esperienza nei mercati pubblici, avendo servito nei consigli di amministrazione di borse canadesi e americane. Chiamato al Bar dell'Ontario nel 1994, si specializza in diritto societario, titoli, finanza aziendale, fusioni e acquisizioni e diritto commerciale.

Dean Skurka, Presidente e CEO di WonderFi, ha sottolineato che avere membri del consiglio con esperienza in governance e mercati dei capitali sia in Canada che negli Stati Uniti è fondamentale per la continua trasformazione della società.

WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) ha designado a Paul Pathak para su Junta Directiva, con efecto a partir del 17 de enero de 2025. Esta designación se alinea con las prácticas de renovación de la Junta, centrando su enfoque en optimizar la combinación de habilidades y experiencia entre los miembros del consejo.

Pathak, socio en una firma legal con sede en Toronto, aporta una amplia experiencia en mercados públicos, habiendo formado parte de las juntas de ambas bolsas canadienses y estadounidenses. Llamado al Colegio de Abogados de Ontario en 1994, se especializa en derecho corporativo, valores, finanzas corporativas, fusiones y adquisiciones, y derecho comercial.

Dean Skurka, Presidente y CEO de WonderFi, enfatizó que contar con miembros de la junta con experiencia en gobernanza y mercados de capitales en Canadá y Estados Unidos es importante para la transformación continua de la empresa.

WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF)는 Paul Pathak을 이사회에 임명하였으며, 임기는 2025년 1월 17일부터 시작된다. 이번 임명은 이사회의 갱신 관행에 부합하며, 이사들의 기술 및 전문성의 조합 최적화에 주안점을 두고 있다.

Pathak은 토론토 소재의 법률사무소의 파트너로서 광범위한 공적 시장 경험을 보유하고 있으며, 캐나다와 미국 증권 거래소의 이사회에서 복무한 경력이 있다. 그는 1994년에 온타리오 변호사로 임명되었으며, 기업법, 증권법, 기업 금융, 인수합병 및 상업법을 전문으로 한다.

WonderFi의 사장 겸 CEO인 Dean Skurka는 캐나다와 미국 모두에서 거버넌스 및 자본 시장 전문성을 갖춘 이사들이 회사의 지속적인 변화에 중요한 역할을 한다고 강조했다.

WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) a nommé Paul Pathak à son Conseil d'Administration, avec effet au 17 janvier 2025. Cette nomination s'inscrit dans les pratiques de renouvellement du Conseil, axées sur l'optimisation du mélange de compétences et d'expertises parmi les membres du conseil.

Pathak, partenaire d'un cabinet d'avocats basé à Toronto, apporte une vaste expérience des marchés publics, ayant siégé dans les conseils d'administration à la fois de bourses canadiennes et américaines. Appelé au barreau de l'Ontario en 1994, il se spécialise en droit des sociétés, en droit des valeurs mobilières, en finance d'entreprise, en fusions et acquisitions, ainsi qu'en droit commercial.

Dean Skurka, Président-directeur général de WonderFi, a souligné qu'il est important d'avoir des membres du conseil dotés d'une expertise en gouvernance et en marchés de capitaux tant au Canada qu'aux États-Unis pour la transformation continue de l'entreprise.

WonderFi Technologies (TSX: WNDR) (OTCQB: WONDF) hat Paul Pathak in seinen Vorstand berufen, mit Wirkung zum 17. Januar 2025. Diese Berufung steht im Einklang mit den Erneuerungspraktiken des Vorstands, die darauf abzielen, die Mischung von Fähigkeiten und Fachwissen der Vorstandsmitglieder zu optimieren.

Pathak, ein Partner in einer Anwaltskanzlei mit Sitz in Toronto, bringt umfassende Erfahrungen an den öffentlichen Märkten mit und hat in den Vorständen sowohl kanadischer als auch amerikanischer Börsen gedient. Er wurde 1994 in die Anwaltskammer von Ontario berufen und ist auf Unternehmensrecht, Wertpapierrecht, Unternehmensfinanzierung, Fusionen und Übernahmen sowie Handelsrecht spezialisiert.

Dean Skurka, Präsident und CEO von WonderFi, betonte, dass es wichtig ist, Vorstandsmitglieder mit Expertise in Governance und Kapitalmärkten sowohl in Kanada als auch in den Vereinigten Staaten zu haben, um die kontinuierliche Transformation des Unternehmens zu unterstützen.

Positive
  • Addition of experienced board member with dual-market expertise (Canada/US)
  • Strategic alignment with company's governance enhancement objectives
  • Strengthened legal and corporate finance expertise at board level
Negative
  • None.

The addition of Mr. Pathak brings significant governance and public market expertise to WonderFi

Toronto, Ontario--(Newsfile Corp. - January 17, 2025) - WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) (the "Company" or "WonderFi") today announced the appointment of Paul Pathak to the Board of Directors of WonderFi (the "Board"), effective January 17, 2025.

The appointment of Paul Pathak is consistent with the Board's refreshment practices, that consider the mix of skills, experience, expertise, and tenure, among members of the Board. Mr. Pathak is a partner at a Toronto-based law firm and has extensive public market expertise, having served on the boards of public companies on both the Canadian and American stock exchanges.

"As WonderFi matures as an organization, we believe that having members of the board with governance and capital markets expertise in both Canada and the United States will be crucial for the company's continued transformation. Paul Pathak is an accomplished lawyer who I am confident will help the Company continue to deliver value to its clients and shareholders" said Dean Skurka, President and Chief Executive Officer of WonderFi.

Paul was called to the Ontario Bar in 1994 and practices principally in the areas of corporate, securities, corporate finance, mergers and acquisitions and commercial law.

About WonderFi

WonderFi is one of the largest regulated crypto trading platforms in Canada and a global leader in centralized and decentralized financial services and products.

With over $2.1 billion in assets under custody, WonderFi is well-positioned to service crypto participants on a global scale with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applications.

Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the Company has a proven track record of launching new products and obtaining registrations. It is also the owner of market-leading brands, including Bitbuy, Coinsquare, SmartPay and Tetra Trust.

As the world continues to move on-chain, WonderFi is strategically placed to capture both market and wallet share through ongoing innovation within the digital asset space.

For more information, visit www.wonder.fi

Additional Information

For additional information, please contact:

Media / Investor Relations
Charlie Aikenhead
Invest@wonder.fi

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the beliefs of WonderFi Technologies Inc. ("WonderFi" or the "Company") regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such "could", "intend", "expect", "believe", "will", "projected", "planned", "estimated", "soon", "potential", "anticipate" or variations of such words.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking financial information and statements are the following: taxation, controls or regulations and/or changes in the administration of laws, policies and practices and political or economic developments in Canada and other jurisdictions in which the Company carries on business or in which the Company may carry on business in the future; and material adverse changes in general economic, business and political conditions, including changes in the financial markets and compliance with extensive government regulation; decisions to modify, pause or discontinue certain treasury management strategies; the Company's ability to provide a competitive service within the regulated crypto asset trading platform industry; the Company's ability to manage its capital and non-capital expenses . These risks are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and the Company's future decisions and actions will depend on management's assessment of all information at the relevant time. A more fulsome description of risk factors that may impact business, financial condition and results of operation with respect to WonderFi is set out in its management's discussion and analysis and financial statements for the period ended September 30, 2024, available on its SEDAR+ profile at www.sedarplus.ca.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice. All financial amounts referenced herein are in Canadian dollars unless otherwise expressly identified.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237680

FAQ

When did Paul Pathak join WonderFi's (WONDF) Board of Directors?

Paul Pathak joined WonderFi's Board of Directors effective January 17, 2025.

What expertise does Paul Pathak bring to WonderFi (WONDF)?

Paul Pathak brings extensive public market expertise, governance experience, and legal expertise in corporate, securities, corporate finance, mergers and acquisitions, and commercial law.

How does Paul Pathak's appointment align with WonderFi's (WONDF) strategy?

His appointment aligns with WonderFi's board refreshment practices and strengthens the company's governance and capital markets expertise in both Canada and the United States.

What is Paul Pathak's professional background before joining WonderFi (WONDF)?

Paul Pathak is a partner at a Toronto-based law firm and was called to the Ontario Bar in 1994, with experience serving on boards of public companies in both Canadian and American stock exchanges.

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