Wag! Completes Acquisition of Dog Food Advisor

SAN FRANCISCO, January 05, 2023–(Enterprise WIRE)–Wag! Team Co. (the “Firm” or “Wag!” Nasdaq: PET), which strives to be the #1 platform for active pet mothers and fathers, providing on-desire obtain to 5-star pet treatment, pet insurance policies selections, and skilled pet guidance, currently introduced the effective completion of its acquisition of Canine Foodstuff Advisor belongings from Clicks and Traffic LLC (“Canine Food stuff Advisor”) for hard cash thing to consider of $9 million. The acquisition was formerly declared on January 3, 2023 and will broaden Wag!’s achieve into the pet food stuff and treats market of the pet sector. Puppy Food stuff Advisor is 1 of the most visited and trusted canine food items marketplaces, assisting occupied pet dad and mom make educated decisions about puppy food stuff as a result of the internet site www.dogfoodadvisor.com.

“These days, we formally welcomed the Pet Food Advisor community to Wag!,” stated Garrett Smallwood, CEO and Chairman of Wag!. “Wag!’s acquisition of Dog Meals Advisor is aligned with the major features of our strategy to build sustainable shareholder worth whilst consolidating the pet market on the web.”

The enterprise strategies to update its 2023 economical outlook, inclusive of Canine Food items Advisor, when it releases economic effects for the fourth quarter of 2022.

For extra information and facts on the Puppy Foods Advisor acquisition, be sure to see the presentation in the Investor Relations segment of our web-site found right here: Wag!’s Transaction Announcement.

About Wag! – Wag.co

Wag! strives to be the #1 platform for occupied pet moms and dads, featuring accessibility to 5-star pet going for walks, pet sitting, pro pet tips, wellness strategies, and one-on-just one schooling from Wag!’s group of 400,000 neighborhood pet caregivers nationwide, in addition to pet insurance policy choices from the primary pet insurance policy providers. Creating pet moms and dads content is what Wag! does finest. With protection and wellness at the forefront, Wag! has a trustworthy record of knowledge with additional than 12 million pet treatment companies done by pet caregivers on the Wag! Platform, throughout 5,300 metropolitan areas and 50 states, with pet dad and mom rating 96{95221ed7c1b18b55d17ae0bef2e0eaa704ccc2431c5b12f9d786c88d1acb538d} of providers as 5-star. Wag! also operates Petted.com, the nation’s premier pet insurance policies comparison market, Furmacy.com, a community pharmacy which supports chaotic veterinary clinics, and the Wag! Pet Caregiver App, which empowers pet caregivers to care for pets in their neighborhood and earn serious income. For extra information and facts, take a look at wag.co.

Tale proceeds

Forward-Hunting Statements

This press release incorporates specific forward-searching statements within the meaning of the Non-public Securities Litigation Reform Act of 1995. Some of the forward-searching statements can be recognized by the use of forward-on the lookout phrases. Statements that are not historic in mother nature, such as the words and phrases “anticipate,” “count on,” “suggests,” “approach,” “feel,” “intend,” “estimates,” “targets,” “assignments,” “should,” “could,” “would,” “may perhaps,” “will,” “forecast” and other related expressions are intended to identify ahead-on the lookout statements. These statements consist of people similar to the Company’s capability to more build and advance its pet service choices and attain scale capacity to bring in personnel market prospect, predicted progress, and upcoming economical efficiency, which include management’s financial outlook for the upcoming. Forward-wanting statements are predictions, projections and other statements about potential occasions that are based on latest anticipations and assumptions and, as a outcome, are subject to hazards and uncertainties. Lots of elements could trigger precise long run functions to vary materially from the forward-looking statements in this press launch, including but not restricted to: management’s economical outlook for the upcoming market adoption of the Company’s pet provider choices and answers the means of the Corporation to protect its mental house changes in the competitive industries in which the Organization operates changes in laws and regulations influencing the Company’s company the Company’s potential to put into practice its small business programs, forecasts and other anticipations, and detect and recognize extra partnerships and chances and the risk of downturns in the sector and the technology market. The foregoing listing of factors is not exhaustive. You should carefully take into consideration the foregoing variables and the other challenges and uncertainties explained in the “Possibility Elements” part of the Company’s amended prospectus supplement submitted with the SEC on November 8, 2022 and other documents submitted by the Company from time to time with the Securities and Trade Commission. These filings identify and handle other vital pitfalls and uncertainties that could lead to genuine situations and effects to differ materially from individuals contained in the forward-wanting statements. Forward-on the lookout statements talk only as of the date they are built. Viewers are cautioned not to put undue reliance on ahead-looking statements, and the Organization assumes no obligation and does not intend to update or revise these forward-hunting statements, irrespective of whether as a final result of new information, long term activities, or or else. The Corporation does not give any assurance that it will reach its expectations.

Check out supply variation on businesswire.com: https://www.businesswire.com/news/house/20230105005980/en/

Contacts

Media:
Wag!: [email protected]

Trader Relations:
Wag!: [email protected]
ICR for Wag!: [email protected]