Prenetics Completes 83.4% Warrant Exchange, Reducing Future Dilution Risk
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
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Source: Globenewswire
- Warrant Exchange Program: Prenetics has entered into agreements with holders representing approximately 83.4% of its warrants, aiming to simplify its capital structure and significantly reduce future dilution risk, reflecting strong confidence from institutional investors in the revised structure.
- Capital Structure Optimization: The exchange is expected to convert approximately 4.54 million warrants into 2.27 million new Class C warrants, resulting in a 42% reduction in outstanding Class A and B warrants, thereby enhancing the investability of the company's shares.
- Strategic Implications: By eliminating deep out-of-the-money legacy warrants, Prenetics not only lowers dilution risk for shareholders but also improves transparency and investor confidence, enhancing alignment with shareholders.
- Positive Market Response: The participation of the company's largest institutional investors in this plan demonstrates confidence in the company's future growth potential, further solidifying its leadership position in the health sciences sector.
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Analyst Views on PRE
About PRE
Prenetics Global Ltd is a company principally engaged in the provision of diagnostic and preventive products and services. The Company operates its business through two segments. The Diagnostics segment is mainly engaged in the sale of precision oncology testing services. The Prevention segment is mainly engaged in the design and sale of genetics testing, including update services, and stool-based deoxyribonucleic acid (DNA) tests for early colorectal cancer screening. The Company's products and services include CircleDNA, ACTOnco, ACTHRD and other products. The in-house developed consumer genetic testing product, CircleDNA, offers comprehensive DNA tests capitalizing on in-house developed testing algorithm. ACTOnco is a comprehensive cancer test used to guide treatment selection for major solid tumors. ACTHRD is a test for the homologous recombination deficiency status of cancer patients. The Company is also engaged in consumer health products by a new health and wellness brand IM8.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Prenetics Shifts Focus Exclusively to IM8, Projecting FY 2026 Revenue of $180-$200 Million
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