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.