Wishpond Reports Q1 2026 Financial Results and Provides Update Following SalesCloser Spin-Out and Viral Loops Divestiture
PR Newswire
VANCOUVER, BC, May 27, 2026
Viral Loops divestiture completed for total consideration of $2.3 million; $1.6 million of cash proceeds were applied to reduce Wishpond's outstanding credit facility, lowering the balance to $942,670 as at March 31, 2026, compared to $2,554,931 as at December 31, 2025.Wishpond holds approximately 63.3% controlling ownership interest in SalesCloser Technologies Ltd. (TSXV: SCAI), following completion of its qualifying transaction on March 26, 2026, providing shareholders with continued exposure to the separately listed AI sales automation company.VANCOUVER, BC, May 27, 2026 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing solutions, announces that it has filed its condensed interim consolidated financial statements (the "Interim Financial Statements") and management's discussion and analysis (the "MD&A") for Q1-2026, representing the three months ended March 31, 2026. Copies of the Interim Financial Statements and MD&A are available on the Company's profile on SEDAR+ at www.sedarplus.ca.
