FDV.ASX: Strategic Review Update

Strategic Review Update

Stock	Frontier Digital Ventures Ltd (FDV.ASX)
Release Time	20 Dec 2024, 8:49 a.m.
Price Sensitive	Yes

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Frontier Digital Ventures Provides Strategic Review Update

Key Points

Engaged RBC Capital Markets as financial advisor
Vesparum Capital acting in independent capital markets advisory role
Herbert Smith Freehills as Australian legal advisor

Full Summary

Frontier Digital Ventures Ltd ('FDV' or the 'Company') has provided an update on the strategic review it announced in October 2024. The strategic review will investigate options to unlock and maximise shareholder value, with a focus on 360 LATAM. FDV has engaged Royal Bank of Canada (RBC Capital Markets) as its financial advisor to assist with the strategic review. RBC is one of North America's leading diversified financial services companies and a top 10 global bank, based on market capitalisation. In addition to RBC, Vesparum Capital is acting in an independent capital markets advisory role, and Herbert Smith Freehills as Australian legal advisor, to FDV in relation to the strategic review. FDV will keep the market updated in accordance with its continuous disclosure obligations.