on EvoNext Holdings SA (ETR:EVE)
EvoNext Holdings in Advanced Talks with Ascend Sport Technology for Reverse Merger
EvoNext Holdings SA, listed on SIX Swiss Exchange, is in advanced discussions with Ascend Sport Technology AG for a reverse merger. This potential transaction would lead to Ascend's listing on the exchange. The move aims to value EvoNext shareholders at CHF 2.50 per share. Ascend, a profitable Swiss company, integrates AI in its sports technology offerings, providing solutions to rightsholders, sponsors, and broadcasters.
EvoNext seeks to enable an operating business to access Swiss capital markets through strategic business combinations. Since 2025, its Board has assessed various opportunities, focusing on maximizing shareholder value. However, no binding agreement is confirmed yet, and developments will be communicated accordingly.
R. H.
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