Mogo Granted Extension to Meet Nasdaq Minimum Bid Price Deficiency

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May 04, 2023

Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO, Financial) (“Mogo” or the “Company”), one of Canada’s leading financial technology companies, today announced that it received a notice (the “Extension Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) granting the Company’s request for a 180-day extension to regain compliance with the minimum bid price requirement ("Minimum Bid Requirement") of US$1.00 per share under the Nasdaq Listing Rule 5550(a)(2). The Company was first notified by Nasdaq on October 28, 2022, and was given until April 26, 2023 to regain compliance. The Company now has until October 23, 2023 to meet the requirement.