Business
Prenetics, a Covid-19 Testing Startup, to Go Public in SPAC Merger
Hong Kong-based Prenetics Group Ltd. goes public on the Nasdaq Stock Market by the use of a special-purpose acquisition agency, in a deal that values the medical diagnostic startup at $1.25 billion.
Prenetics, whose earnings has surged in the midst of the coronavirus pandemic, will merge with Artisan Acquisition Corp. , a blank-check agency based mostly by Adrian Cheng, grandson of the late Hong Kong real estate and jewelry magnateCheng Yu-tung.
https://www.wsj.com/articles/prenetics-a-covid-testing-startup-to-go-public-in-spac-merger-11631745000?mod=rss_markets_main | Prenetics, a Covid-19 Testing Startup, to Go Public in SPAC Merger