EvoNext Shareholders to Vote on Ascend Sport Technology Merger Dec. 3
Bitget2026/11/02 06:01- EvoNext Holdings shareholders will vote on the proposed merger with Ascend Sport Technology at an extraordinary general meeting on December 3, 2026.
- The combined company would operate as Ascend Sport Technology, retaining its SIX Swiss Exchange listing.
- Existing EvoNext shareholders would own approximately 3.8% of the combined company.
- A subsequent share placement would raise up to CHF 220 million at an expected CHF 2.5 per share, targeting approximately 40% free float.
- The board unanimously recommends voting for the transaction, which requires approval from both companies' shareholders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries
A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.
Quantumrail Cancels 10 Billion Won Convertible Bond Offering
Crypto prices
More
