Switzerland’s Ascend Sport Technology AG is exploring strategic options, including a reverse merger with a listed shell company that could value the firm between 500 million and 600 million Swiss francs ($740 million), according to people familiar with matter.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-17/ascend-sport-said-to-mull-listing-in-up-to-740-million-merger)