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

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Covid-19 testing startup Prenetics Group is going public in a deal valuing it at $1.25 billion—the latest in a string of medical diagnostic companies to go public via a SPAC

Hong Kong-based Prenetics Group Ltd. is going public on the Nasdaq Stock Market via a special-purpose acquisition company, in a deal that values the medical diagnostic startup at $1.25 billion.

Prenetics, whose revenue has surged during the coronavirus pandemic, will merge with Artisan Acquisition Corp. , a blank-check company founded by Adrian Cheng,

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