EvoNext confirms talks on reverse merger with Ascend Sport Technology, valuing shares at CHF 2.5

Reuters2026/08/17 15:50

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Reverse merger talks would list Ascend Sport Technology on SIX Swiss Exchange via EvoNext.
Transaction structure implies a valuation for current EvoNext shareholders of CHF 2.5 per share.
Ascend described as a profitable, AI-enabled Swiss sports technology company spanning hardware, software, and data.
Discussions remain non-binding with no certainty of a definitive agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evonext Holdings SA published the original content used to generate this news brief via EQS News (Ref. ID: adhoc_2384284_en) on August 17, 2026, and is solely responsible for the information contained therein.

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.

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EvoNext confirms talks on reverse merger with Ascend Sport Technology, valuing shares at CHF 2.5

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