Business

Prenetics, a Covid-19 Testing Startup, to Go Public in SPAC Merger

Hong Kong-based Prenetics Group Ltd. goes public on the Nasdaq Inventory Market by way of a special-purpose acquisition firm, in a deal that values the medical diagnostic startup at $1.25 billion.

Prenetics, whose income has surged in the course of the coronavirus pandemic, will merge with Artisan Acquisition Corp. , a blank-check firm based 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

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