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Wishpond Enters into Asset Purchase Agreement to Sell Viral Loops for $2.3 Million to Strengthen Balance Sheet

Newswire.ca - Thu Feb 19, 5:00AM CST

VANCOUVER, BC, Feb. 19, 2026 /CNW/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of AI-enabled marketing-focused online business solutions, today announced that it has entered into an asset purchase agreement dated February 19, 2026 to sell its Viral Loops product and related assets ("Viral Loops") to Emerge Commerce Ltd. ("Emerge") for total cash consideration of $2,300,000 (the "Transaction") with $2,100,000 to be paid at the closing of the Transaction ("Closing") and $200,000 to be paid on the one (1) year anniversary of the Closing. Viral Loops is a referral marketing campaign software platform originally acquired by Wishpond in April 2022.

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