News & Events | Page 40 of 43

Wishpond Completes Acquisition of Invigo Media Corp., a Leader in Providing Digital Marketing Solutions to Medical Clinics

The acquisition of Invigo is immediately accretive to Wishpond, expands Wishpond’s business into the medical and digital health sectors and will help to accelerate Wishpond’s product roadmap.

Wishpond Enters into Capital Markets Advisory Services Agreement with Angad Capital

Wishpond has retained Angad Capital Inc. (“Angad Capital”), to provide corporate strategy, capital markets advisory and investor relations services. In connection with the engagement, Angad Capital has been awarded a consulting agreement for an initial term of one year commencing January 1, 2021, for a fee of $10,000 per month.

Wishpond wins bullish new $3.00 target at Beacon Securities

Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News, Analysts: TSXV:WISH) has gone nowhere but up since its debut earlier this month but there should be more where that came, says Beacon Securities analyst Gabriel Leung, who likes the company’s new acquisition in the digital marketing services space. Leung delivered a corporate update to clients on Wednesday where he reasserted his “Buy” rating and raised his price target from $2.50 to $3.00, which at press time represented a projected one-year return of 81 per cent.

Wishpond to Acquire Invigo Media Corp. – a Profitable and Growing Marketing Technology and Services Company

Invigo acquisition is expected to add $2.7M in annual revenue at EBITDA margins exceeding 20%. Wishpond has entered into an arm’s length asset purchase agreement dated December 22, 2020 (the “Agreement”) with Invigo Media Corp. and its affiliates, EverGenius LLC, Invigo Media LLC (the “Invigo Group” or “Invigo”) and their sole shareholder and founder, Balhar (Bob) Singh Mangat, whereby Wishpond has indirectly agreed to acquire substantially all of the assets of the Invigo Group (the “Transaction”).

Beacon Securities raises price target on Wishpond Technologies to $2.50

Vancouver-based e-commerce solutions company Wishpond Technologies (Wishpond Technologies Stock Quote, Chart, News TSXV:WISH) delivered a positive quarter, according to Beacon Securities analyst Gabriel Leung, who reviewed the results in an update to clients on Wednesday. Leung reiterated his “Buy” rating and lifted his target price from $2.25 to $2.50, saying the company is getting ready to finish the year off with a bang.

New Listing: Wishpond Technologies (TSXV:WISH)

Based in Vancouver, British Columbia, Wishpond offers an “all-in-one” marketing suite that provides companies with more than 20 different lead generation tools integrated into a single platform for the price of a single subscription for a fraction of the cost.

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