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Vogogo Inc. (TSXV: VGO) New Listing

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Vogogo Inc. has started trading on the TSX Venture Exchange under the symbol VGO, following approval of its qualifying transaction with Capital Pool Company “Southtech Capital Corporation”, which has now been delisted. Founded in 2008, Vogogo designed, built and launched a web-based payment processing technology while growing its expertise in software development, payments, risk management, and related financial services.

Additional Information:

Company: Vogogo Inc.
Website: https://www.vogogo.com/
Stock Symbol: TSXV: VGO
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Vogogo Inc. has started trading on the TSX Venture Exchange under the symbol VGO, following approval of its qualifying transaction with Capital Pool Company “Southtech Capital Corporation”, which has now been delisted.

Founded in 2008, Vogogo designed, built and launched a web-based payment processing technology while growing its expertise in software development, payments, risk management, and related financial services.

To date, the company has successfully processed more than $1 billion in US and Canadian payments and the software is praised for its simplicity, efficiency and ease-of-use.

Vogogo intends to execute on its plan to sell to global markets, while focusing on niche market opportunities where the company believes it has a competitive advantage due to its technology.

Transacting with traditional banks has been a major hurdle for crypto businesses to date and is seen as critical to the wide spread adoption and proliferation of these innovation technologies.

Vogogo’s technology and services enable crypto currency businesses to meet strict compliance and risk mitigation requirements of conventional banks and regulators.

With effective risk management, compliance, and security in place, Vogogo has assisted in making Canada a reputable region for crypto businesses.

An expansion into the U.S. market is now underway and expected to go live in the coming months.

Geoff Gordon, CEO, stated: “The ability for the global crypto industry to meet the stringent requirements of regulators and traditional banks is one of the most significant challenges for the crypto space. Vogogo unlocks potential for growth, collaboration and innovation in the crypto space.”

Prior to closing the qualifying transaction, the company completed a brokered and non-brokered financing of approximately11.3 million subscription receipts at $0.75, raising gross proceeds of $8.5 million.

The shares are trading at $1.32, and with 39.1 million shares outstanding, the company is capitalized at $51.6 million.

For a more information, please visit www.vogogo.com, contact Geoff Gordon, CEO at 403-648-9292 or email support@vogogo.com

I’m Samantha Deutscher for Investmentpitch Media
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