Prenetics Global Approves Share Capital Increase and Strategic Filings

SEC Filing 6-K (0001628280-25-037132)

Prenetics Global Limited held an Extraordinary General Meeting on August 1, 2025, where shareholders approved two key resolutions. The first authorized a significant increase in the company's share capital from US$50,000 to US$320,000, creating 160 million new Class A shares, 12 million Class B shares, and 8 million flexible-class shares. This passed with 78.7% approval. The second resolution authorized necessary Cayman Islands filings, approved with 79.83% support. The capital expansion facilitates a planned US$1 billion shelf registration to fund Bitcoin treasury strategy and corporate activities. Class B shareholders maintained strong voting influence, with 20 votes per share. The filing also references a 2023 reverse stock split (15:1 ratio) that adjusted share counts and par values. Management positions this as enabling strategic flexibility for future growth initiatives.