An update from Checkit plc ( (GB:CKT) ) is now available.
Checkit PLC has announced a recommended all-share merger with Crimson Tide PLC, to be executed through a court-sanctioned scheme of arrangement. This merger aims to create a market leader in the workflow software solutions sector, offering enhanced products and significant revenue and cost synergies. The merger is expected to improve Checkit’s strategic objectives and provide substantial cross-selling opportunities, making the combined entity a more attractive investment opportunity. Despite current market challenges, the merger is seen as beneficial for shareholders, with no significant changes in Crimson Tide’s trading conditions since early 2025.
More about Checkit plc
Checkit PLC operates in the workflow software solutions industry, focusing on providing advanced software products that enhance operational efficiency. The company aims to become a market leader by leveraging strategic initiatives and enhancing its product offerings.
YTD Price Performance: -22.22%
Average Trading Volume: 279,502
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £15.12M
For an in-depth examination of CKT stock, go to TipRanks’ Stock Analysis page.