3 April 2022
Adslot Appoints East Wind Advisors to Assist with Strategic Review
In response to inbound interest and ongoing discussions with industry partners, combined with an internal review that has led the Board to believe the “sum of the parts” of the business may be worth substantially more than the current market-listed value of the Company – the Company has today appointed New York boutique investment and advisory firm East Wind Capital to further assist in its strategic review process.
You can read today’s full market announcement here.
Although the Board is actively exploring and assessing all strategic options available to it in order to maximise shareholder value, please note that there is no certainty that the strategic review will lead to any particular outcome or transaction.
The Company will continue to keep shareholders updated in accordance with continuous disclosure guidelines.