Ascend Sport Technology Explores Strategic Options Including Potential Listing
Switzerland-based Ascend Sport Technology AG is considering a reverse merger with a publicly listed shell company as part of exploring strategic options. The potential deal could value the sports technology firm between 500-600 million Swiss francs (approximately $740 million). This move would allow Ascend Sport to gain public market access through the merger transaction.
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Ascend Sport Said to Mull Listing in Up to $740 Million Merger
Switzerland-based Ascend Sport Technology AG is considering a reverse merger with a publicly listed shell company as part of exploring strategic options. The potential deal could value the sports technology firm between 500-600 million Swiss francs (approximately $740 million). This move would allow Ascend Sport to gain public market access through the merger transaction.
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