 Mogo Inc NASDAQ: MOGO shares are trading lower by 18.1 at 3.85 after the company announced a 27.5 million registered direct offering. Mogo intends to use the net proceeds from the offering for working capital purposes and for potential future acquisitions of or investments in synergistic or strategic businesses, including, but not limited to, the exercise of warrants currently held by Mogo and the acquisition of andor investments in businesses in the cryptocurrency space. 