Jakota Capital Explains Delays and Pricing Rationale in Swiss Advisory Firm Acquisition

An update from Kingkey Financial International (Holdings) Ltd. ( (HK:1468) ) is now available.

Jakota Capital (Holding) Group has issued a supplemental announcement explaining the prolonged delay in completing its acquisition of Swiss advisory firm Jakota Capital AG, a deal to be settled through the issuance of consideration shares under a general mandate. The company attributes the delay mainly to extended due diligence, including financial audits of the target for 2023, 2024 and the first half of 2025, difficulties in arranging on-site audit work in Switzerland, the target’s late preparation of interim management accounts, and the time needed to renegotiate and sign a supplemental agreement with revised terms. With audit work now completed, the target’s management is updating its profit forecast so the buyer can reassess valuation and conduct further risk assessment, prompting both parties to mutually agree an extension of the long stop date. The board also defended the agreed issue price of HK$0.146 per share for the consideration shares, highlighting that it represents a single‑digit discount to the stock’s average market price over the review period and aligns with the market price on the date of the supplemental agreement, signalling to shareholders that the pricing is commercially reasonable while the group continues to advance a strategically important cross‑border acquisition.

The most recent analyst rating on (HK:1468) stock is a Hold with a HK$0.11 price target. To see the full list of analyst forecasts on Kingkey Financial International (Holdings) Ltd. stock, see the HK:1468 Stock Forecast page.

More about Kingkey Financial International (Holdings) Ltd.

Jakota Capital (Holding) Group, formerly known as Kingkey Financial International (Holdings) Limited, is a Hong Kong-listed investment holding group focused on financial services and capital markets activities. Through its planned acquisition of Swiss-based Jakota Capital AG, which provides advisory services, the group is seeking to deepen its exposure to international financial advisory and asset-related businesses, particularly in Europe, as part of its broader strategic repositioning.

Average Trading Volume: 4,546,827

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$196.3M

For detailed information about 1468 stock, go to TipRanks’ Stock Analysis page.