Prenetics’ executive team bought 111,911 shares, totaling $1.45 million, signaling confidence in the company's future growth.
Quiver AI Summary
Prenetics Global Limited (NASDAQ: PRE) announced that its executive leadership team collectively purchased 111,911 shares of the company's stock for approximately $1.45 million. CEO Danny Yeung bought 40,118 shares, CMO Rahul Ramchand acquired 60,000 shares, CFO Stephen Lo purchased 8,000 shares, and President David Vanderveen acquired 3,793 shares during the designated trading window. Yeung emphasized that these purchases reflect their confidence in Prenetics' long-term strategy, particularly regarding their health brand IM8 and their innovative approach of integrating Bitcoin into their business model. IM8 has rapidly grown to achieve $100 million in annual recurring revenue within 11 months and is noted for its holistic health supplement, Daily Ultimate Essentials. Prenetics is also recognized for its commitment to purchasing Bitcoin daily, totaling 501 BTC.
Potential Positives
- All key members of Prenetics' executive leadership team have demonstrated confidence in the company's future by personally purchasing a substantial amount of common stock, totaling approximately $1.4 million.
- Prenetics' IM8 brand has achieved impressive growth, reaching $100 million in annual recurring revenue within just 11 months, marking it as one of the fastest-growing wellness brands globally.
- Prenetics is a pioneer as the first consumer health company to establish a Bitcoin treasury, further demonstrating its innovative approach to combining health and digital assets.
- CEO Danny Yeung's statement emphasizes a strong belief in the long-term vision of Prenetics and IM8, suggesting confidence in the company's growth trajectory and market potential.
Potential Negatives
- The reliance on Bitcoin as part of the company's strategy introduces significant risks due to the volatility and speculative nature of cryptocurrency investments, which could adversely affect financial stability.
- The company acknowledges that its ability to maintain and enhance its IM8 brand could be compromised by negative publicity or failure to meet customer expectations, indicating potential vulnerabilities in its market position.
- Forward-looking statements in the release highlight considerable risks and uncertainties regarding the company's future performance, which could lead to investor skepticism about its growth projections.
FAQ
What recent stock purchases did Prenetics executives make?
Executives at Prenetics purchased a total of 111,911 shares for approximately $1.4 million during the designated trading window.
Who are the key executives involved in the stock purchases?
The key executives include Danny Yeung (CEO), Rahul Ramchand (CMO), Stephen Lo (CFO), and David Vanderveen (President of Americas).
What is Prenetics' relationship with Bitcoin?
Prenetics is pioneering a Bitcoin treasury strategy, purchasing 1 Bitcoin daily, totaling 501 BTC as of November 24, 2025.
What does IM8 offer in the health and wellness market?
IM8 offers premium core nutrition products, including the Daily Ultimate Essentials supplement, which replaces 16 different supplements in one drink.
What is the growth trajectory of IM8?
IM8 achieved $100M Annual Recurring Revenue in just 11 months, marking the fastest growth in supplement industry history.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PRE Hedge Fund Activity
We have seen 7 institutional investors add shares of $PRE stock to their portfolio, and 4 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ABERDEEN GROUP PLC added 73,621 shares (+inf%) to their portfolio in Q3 2025, for an estimated $979,159
- UBS GROUP AG added 39,733 shares (+581.9%) to their portfolio in Q3 2025, for an estimated $528,448
- RENAISSANCE TECHNOLOGIES LLC added 26,222 shares (+inf%) to their portfolio in Q3 2025, for an estimated $348,752
- QUINN OPPORTUNITY PARTNERS LLC removed 12,339 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $105,066
- JPMORGAN CHASE & CO added 4,900 shares (+inf%) to their portfolio in Q3 2025, for an estimated $65,170
- NOMURA HOLDINGS INC removed 4,826 shares (-1.5%) from their portfolio in Q3 2025, for an estimated $64,185
- ACADIAN ASSET MANAGEMENT LLC added 1,963 shares (+inf%) to their portfolio in Q3 2025, for an estimated $26,107
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CHARLOTTE, N.C., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) ("Prenetics" or the "Company"), the parent company of IM8 and a global health-tech and longevity company pioneering a dual-engine strategy across consumer wellness and Bitcoin, today announced that all key members of its executive leadership team have executed open market purchases of Prenetics’ common stock during the Company’s designated trading window.
In total, the executive team acquired 111,911 shares of Prenetics’ common stock for an aggregate purchase price of approximately $1,446,887.
Individual Transaction Details
Danny Yeung, Chief Executive Officer
In two open market transactions on November 18 and 19, Mr. Yeung acquired a total of 40,118 shares for a total purchase price of approximately $502,000, at an average price of approximately $12.51 per share.
Rahul Ramchand, Chief Marketing Officer
In two open market transactions on November 12 and 14, Mr. Ramchand acquired a total of 60,000 shares for a total purchase price of approximately $793,972, at an average price of approximately $13.23 per share.
Stephen Lo, Chief Financial Officer
In an open market transaction on November 21, Mr. Lo acquired 8,000 shares for a total purchase price of approximately $100,915, at an average purchase price of approximately $12.61 per share.
David Vanderveen, President of Americas
In an open market transaction on November 20, Mr. Vanderveen acquired 3,793 shares for a total purchase price of approximately $50,000, at an average purchase price of approximately $13.15 per share.
Danny Yeung, CEO of Prenetics, commented:
“These purchases reflect our collective conviction in the long-term vision of Prenetics and IM8. With IM8 scaling rapidly as one of the fastest-growing wellness brands globally and our Bitcoin-treasury strategy reinforcing long-term financial resilience, our executive team is fully aligned with shareholders. We believe Prenetics is still in the early innings of unlocking its true value, and we are investing personally because we see an exceptional future ahead.”
This press release is being furnished as an exhibit to a Form 6-K that will be filed with the U.S. Securities and Exchange Commission.
About Prenetics
Prenetics (NASDAQ: PRE) is a leading health sciences company redefining the future of health and longevity through IM8 — its flagship consumer brand co-founded with David Beckham and championed by World No. 1 tennis player Aryna Sabalenka. IM8 has achieved the fastest growth trajectory in supplement industry history, reaching $100M Annual Recurring Revenue in just 11 months from launch, outpacing even leading AI startups.
As the first consumer health company to establish a Bitcoin treasury, Prenetics continues to pioneer at the intersection of health innovation and digital assets - purchasing 1 Bitcoin per day, now totaling 501 BTC as of November 24, 2025.
About IM8
IM8 is the pinnacle of premium core nutrition, born from a collaboration between David Beckham as a co-founding partner, and an elite team of scientists spanning medical professionals, academia and space science. Combining cutting-edge science with nature’s most potent ingredients, IM8 delivers a holistic, science-backed approach to health, empowering you to live your most vibrant life. IM8’s flagship product, Daily Ultimate Essentials is an all-in-one powder supplement engineered to replace 16 different supplements in a delicious drink and is NSF Certified for Sport, non-GMO, vegan, free from common allergens, and contains no artificial flavors, colors or sweeteners. IM8 is a subsidiary of Prenetics (NASDAQ: PRE), a leading global health sciences company dedicated to advancing consumer health. To learn more about IM8, please visit www.IM8health.com.
Investor Relations Contact:
[email protected]
[email protected]
Angela Cheung
Investor Relations / Corporate Finance
[email protected]
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s goals, targets, projections, outlooks, beliefs, expectations, strategy, plans, objectives of management for future operations of the Company, and growth opportunities are forward-looking statements. Our guidance reflects management’s current estimates and assumptions as of the date of this release, is subject to significant risks and uncertainties, and is not a guarantee of future performance. Actual results may differ materially. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” “guidance,” “outlook,” “forecast,” or other similar expressions. Forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which involve inherent risks and uncertainties, and therefore they should not be relied upon as being necessarily indicative of future results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to: future alpha-generating activities involving the Company’s Bitcoin holdings could expose it to additional risks; the Company’s purchase of Bitcoin subjects it to risks related to extreme volatility and speculative nature of Bitcoin; the Company may not be able to maintain and enhance its IM8 business and brand if it suffers negative publicity or fails to maintain a strong base of engaged customers and content creators, or otherwise fails to meet customers’ expectations; the Company’s ability to further develop and grow its business, including new products and services; its ability to execute on its new business strategy in genomics, precision oncology, and specifically, early detection for cancer; the results of case control studies and/or clinical trials; and its ability to identify and execute on M&A opportunities. In addition to the foregoing factors, you should also carefully consider the other risks and uncertainties described in the “Risk Factors” section of the Company’s most recent registration statement and the prospectus therein, and the other documents filed by the Company from time to time with the U.S. Securities and Exchange Commission. Unless otherwise specified, all information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.