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Hong Kong start-up Prenetics to list in the U.S. through $1.7 billion SPAC deal – News07trends

News Snapshot:

The Prenetics Ltd. brand is displayed on the firm’s laboratory in Hong Kong on July 31, 2020. Roy Liu | Bloomberg | Getty Photographs Hong Kong biotech firm Prenetics goes public by way of a merger with Artisan Acquisition — a particular objective acquisition firm, or SPAC — in a deal that can worth the mixed entity at $1.7 billion, the businesses introduced Thursday. Confirming CNBC’s earlier report , the 2 firms stated the transaction is predicted to shut as early because the fourth quarter. This may make Prenetics the primary Hong Kong unicorn, or billion-dollar start-up, to change into…

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