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CHARLOTTE, N.C., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ:PRE) ("Prenetics" or the "Company"), a leading health sciences company, today announced the successful pricing of a public offering of 2,992,596 Class A ordinary shares and/or pre-funded warrants to purchase Class A ordinary shares, together with accompanying Class A warrants and Class B warrants to purchase up to an aggregate of 5,985,192 Class A ordinary shares at a combined price per Class A ordinary share and/or pre-funded warrant and accompanying Class A warrant and Class B warrant of $16.08. The gross proceeds to the Company from the offering are expected to be approximately $48 million, before deducting placement agent fees and offering expenses. The offering was led by sole placement agent Dominari Securities LLC.
The offering includes a double warrant structure, with the Class A warrant exercisable at $24.12 per Class A ordinary share (50% premium to the $16.08 offering price) and with the Class B warrant exercisable at $32.16 per Class A ordinary share (100% premium to the $16.08 offering price). Both warrants will be exercisable immediately upon issuance and expire five years after issuance. The Company may receive up to total proceeds of approximately $216 million ($168 million in additional gross proceeds), if all of the Class A warrants and Class B warrants are exercised for cash in full.
This strategic capital raise was supported by a distinguished group of institutional and individual investors. Notable participants include:
Kraken - One of the world's largest cryptocurrency exchanges and digital asset platforms. Strategic Value: Crypto and Bitcoin partnership opportunities with IM8 for seamless customer experiences
American Ventures LLC - Investment vehicle focused on growth companies including those in AI and crypto. Strategic Value: Crypto and Bitcoin investment expertise to enhance Prenetics' treasury strategy.
Exodus (NYSE:EXOD) - Publicly-traded multi-asset cryptocurrency wallet company serving millions of users globally with secure, self-custodial solutions. Strategic Value: Potential integration with IM8 platform for crypto-enabled health and wellness ecosystem
GPTX by Jihan Wu - Investment vehicle of Jihan Wu, the legendary Bitcoin mining pioneer, Founder, Chairman and CEO of Nasdaq-listed Bitdeer Technologies Group (NASDAQ:BTDR), one of the world's largest cryptocurrency mining companies. Strategic Value: Unmatched expertise in Bitcoin mining infrastructure and large-scale accumulation strategies to enhance Prenetics' Bitcoin treasury initiative.
XtalPi (2228.HK) - $6 billion market cap Hong Kong-listed innovator at the intersection of quantum physics, artificial intelligence, and robotics, pioneers intelligent drug and material discovery. Strategic Value: Strong capabilities and proven success in AI-driven molecular design for next-generation health supplements and cosmetic actives with potential for commercial licensing and product development partnerships with IM8.
DL Holdings (1709.HK) - over $3.5 billion AUM-Hong Kong Stock Exchange-listed MFO, investment banking and digital assets group focusing on multi-strategy investment funds. Strategic Value: Digital asset management expertise and institutional Bitcoin strategy guidance
Mythos Group - Multi-strategy digital asset holding company with strong presence in the Asia-Pacific region, focusing on blockchain integration and Bitcoin strategies. Strategic Value: Insights into optimizing Bitcoin treasury initiative
AV8 Group - A global investment platform fusing celebrity, capital, and creativity to build iconic brands and ventures. Strategic Value: Expands IM8's global reach through celebrity partnerships and cultural influence
G70 - A premier multi-family office advising and managing the wealth of Asia's most distinguished and influential family businesses. Strategic Value: Strengthens Prenetics' network among Asia's most influential family businesses.
Aryna Sabalenka ...
