EvoNext Holdings in Advanced Discussions for Reverse Merger with Ascend Sport Technology
EvoNext Holdings SA (SIX: EVE) is in advanced discussions with Lucerne‑based Ascend Sport Technology AG to list Ascend on the SIX Swiss Exchange via a reverse merger. Ascend is a profitable, AI‑enabled Swiss sports technology company known for LED advertising banners and digital overlay technology that displays different adverts for different television channels. The transaction would value EvoNext shareholders at CHF 2.50 per share.
EvoNext Holdings SA (SIX: EVE) is in advanced discussions with Lucerne‑based Ascend Sport Technology AG to list Ascend on the SIX Swiss Exchange via a reverse merger. Ascend is a profitable, AI‑enabled Swiss sports technology company known for LED advertising banners and digital overlay technology that displays different adverts for different television channels. The transaction would value EvoNext shareholders at CHF 2.50 per share.
The deal highlights the growing integration of AI in Swiss sports technology and its potential to access capital markets for further innovation.
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