WISHPOND TECHNOLOGIES LTD - WPNDF STOCK NEWS

Wishpond Technologies Ltd. reported a record quarterly revenue of $3,226,877 for Q2-2021, marking a significant 73% year-over-year growth. The growth was attributed to both organic growth from an expanded sales team and the contributions from recent acquisitions, Invigo and PersistIQ. Despite this, the company faced adverse impacts from foreign currency fluctuations and initial acquisition accounting adjustments. The outlook remains positive, with expectations for strong growth continuing into the second half of 2021.

Wishpond Technologies Ltd. (OTCQX: WPNDF) will release its Second Quarter 2021 financial results on August 26, 2021, prior to the market opening. A live video webinar for discussing the results will also take place on the same day at 12:00 pm ET. The webinar will feature key executives, including CEO Ali Tajskandar and CFO Juan Leal. Wishpond focuses on providing marketing solutions to small and medium businesses through a subscription-based SaaS model, serving over 3,000 customers.

Wishpond Technologies Ltd. (TSXV:WISH, OTCQX:WPNDF) will present at the SNN Network Summer Virtual Event 2021 on August 18 at 3:30 PM EST. CEO Ali Tajskandar will lead the presentation, followed by a Q&A session for investors. Interested parties can join via a dedicated webcast link and schedule 1-on-1 meetings through the event platform. If unable to attend live, recordings will be accessible on the conference site. Wishpond is known for its marketing solutions for small-to-medium businesses, boasting over 3,000 customers and a subscription-based revenue model.

Wishpond Technologies Ltd. (OTCQX: WPNDF) announced its common shares now have DTC eligibility, enhancing trading accessibility for U.S. investors. Following an upgrade to the OTCQX Best Market on June 24, 2021, this eligibility facilitates electronic clearing and settlement, which is expected to improve liquidity and streamline the trading process. With over 3,000 customers primarily from SMBs, Wishpond operates on a subscription-based SaaS model, providing marketing solutions that empower entrepreneurs.

Wishpond Technologies Ltd. (TSXV: WISH; OTCQX: WPNDF) announced the voting results from its Annual General and Special Meeting of Shareholders held on June 30, 2021. A total of 33,869,071 common shares were voted, representing 65.37% of all outstanding shares. Shareholders approved various resolutions, including the election of five directors and the appointment of BDO Canada LLP as the company's auditor. The company continues to focus on providing marketing solutions to SMBs through its SaaS model, enhancing its digital presence and customer base.

Wishpond Technologies Ltd. has announced a partnership with Stukent, Inc. to enhance digital marketing education across major U.S. and Canadian educational institutions. Since 2017, students have leveraged Wishpond's offerings on Stukent's platform, which includes institutions like Dartmouth College and The Ohio State University. The partnership will introduce new Email Marketing Automation coursework, complementing existing programs. With an emphasis on preparing students for economic recovery, this collaboration aims to empower future business leaders with hands-on marketing experience.

Wishpond Technologies Ltd. (OTCQX: WPNDF) has successfully upgraded from the OTCQB Venture Market to the OTCQX® Best Market on June 24, 2021. This transition is expected to boost interest from U.S. customers and investors. The OTCQX is recognized for its high financial standards and corporate governance. Wishpond serves over 3,000 clients primarily in the SMB sector with its all-in-one digital marketing solutions. The company's shares continue to trade on the TSX Venture Exchange under the ticker WISH.

Wishpond Technologies Ltd. (OTCQB: WPNDF) announced the launch of Wishpond Appointments, a new feature that allows businesses to offer automated scheduling directly from their websites. This integration, stemming from the acquisition of EverGenius, enhances lead generation and relationship management for service-oriented businesses. Additionally, Wishpond granted 268,890 stock options at an exercise price of $1.52. The company aims to empower small-to-medium businesses through its comprehensive digital marketing solutions.

Wishpond Technologies Ltd. (OTCQB: WPNDF) has announced that the TSX Venture Exchange has accepted its notice for a Normal Course Issuer Bid (Bid) to repurchase up to 2,590,389 common shares, which is 5% of the total shares outstanding as of June 3, 2021. The initiative aims to enhance shareholder value, as the Board believes current market prices do not reflect the true worth of the shares. The repurchases will be conducted over a 12-month period starting June 11, 2021, financed from the company's working capital.