• Regained control of primary asset Yowie Group Ltd
• Received initial $1.7M loan repayment from Foundation Life NZ
• Terminated engagement with former director Nicholas Bolton

Since exiting voluntary administration on 8 May 2025, Keybridge Capital's new Board has been focused on accessing and assessing the company's books and records. The company's finances were found to be in disarray, with significant outstanding debts due to litigation and administration costs. Keybridge has relied on short-term funding from Wilson Asset Management to regain control of its primary asset, Yowie Group Ltd, and negotiate with creditors. The accounts of Yowie were also in a state of disarray, requiring considerable effort to resuscitate the business. Keybridge has received an initial payment of $1.7 million from its investment in Foundation Life NZ, as partial repayment of a $4.7 million loan. The company anticipates receiving a similar payment in early 2026, with the final balance paid by late 2026. Keybridge has also terminated the engagement of former director Nicholas Bolton, who had previously been suspended pending investigation. The company has been successful in various legal proceedings, including the dismissal of Bolton's application for a derivative action and the replacement of the Yowie Board. Keybridge is continuing to work through legacy disputes and pursue recovery of funds paid to former director-related entities.