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Prenetics Secures $48 Million in Oversubscribed Equity Offering to Boost IM8 Expansion

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Prenetics Secures $48 Million in Oversubscribed Equity Offering to Boost IM8 Expansion

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An announcement from Prenetics Group ( (PRE) ) is now available.

On October 27, 2025, Prenetics Global Limited announced the successful pricing of a public offering, raising approximately $48 million with the potential for $216 million in total proceeds. This strategic capital raise is aimed at fueling the global expansion of its IM8 brand and enhancing its Bitcoin treasury strategy. The offering attracted a distinguished group of investors, including Kraken and American Ventures, highlighting the market’s confidence in Prenetics’ dual-engine growth strategy. The company plans to focus its resources on the IM8 opportunity while strategically accumulating Bitcoin, with a long-term ambition to reach $1 billion in annual revenue and Bitcoin holdings within five years.

The most recent analyst rating on (PRE) stock is a Hold with a $16.50 price target. To see the full list of analyst forecasts on Prenetics Group stock, see the PRE Stock Forecast page.

Spark’s Take on PRE Stock

According to Spark, TipRanks’ AI Analyst, PRE is a Neutral.

Prenetics Group’s stock score is primarily influenced by strong technical momentum, despite significant financial performance and valuation challenges. The company’s stable equity base provides some financial stability, but profitability and cash flow improvements are necessary for a higher score.

To see Spark’s full report on PRE stock, click here.

More about Prenetics Group

Prenetics Global Limited is a leading health sciences company focusing on innovative health solutions. The company is known for its rapidly expanding supplement brand, IM8, which has achieved significant growth in the health and wellness industry.

Average Trading Volume: 93,492

Technical Sentiment Signal: Hold

Current Market Cap: $218.4M

See more data about PRE stock on TipRanks’ Stock Analysis page.

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