K2fly Limited (ASX:K2F) has initiated a sweeping strategic review of its operations in a swift boardroom move designed to maximise the full potential of its innovative resource governance software solutions. Despite already having secured a stellar cast of top-tier clients and after posting 13 quarters of increasing revenue on the trot, K2Fly has vowed not to sit on those laurels and has appointed Argonaut PCF and Atrico as joint advisors to steer its review. Management says the terms of the review are broad and may include an assessment of strategic investments, merger and acquisition opportunities, partnerships and other potential corporate activity.

Argonaut is an integrated investment and advisory house focused on metals and mining, energy and contractors that service the natural resource sector. Its study buddy Atrico works with small and mid-size technology companies to build shareholder value through strategic growth and transactions. K2fly Chair Pauline Vamos said: "Despite continued high growth and significant addressable market in Resource Governance coupled with strong ESG tailwinds there has been a significant gap in how the equity market is valuing K2fly.

As such it is the responsibility of the board to assess alternative capital structures to provide the best opportunity for continued success of K2fly and realise best shareholder value".