Prenetics Group (PRE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Prenetics Group has entered into a Subscription Agreement for the issuance of Class A Ordinary Shares to a subscriber, amounting to 3% of the company’s shares on a Fully Diluted basis. The closing of the subscription is set to occur within 3 business days of the public announcement date, subject to certain conditions including regulatory approval. Additionally, the subscribed shares will be subject to a 36-month lock-up period with phased release dates.
For further insights into PRE stock, check out TipRanks’ Stock Analysis page.
