Prenetics Completes $70 Million Insighta Sale to Tencent, Bolstering Balance Sheet to $171.1 Million in Total Adjusted Liquidity
Final Milestone in Strategic Transformation Positions Company to Accelerate IM8 Global Expansion with Zero Debt
Q4 and Full-Year 2025 Financial Results to be Announced on February 18, 2026
NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Prenetics Global Limited (NASDAQ: PRE) (“Prenetics” or the “Company”), a leading consumer health sciences company and parent of the IM8 premium health and longevity brand, today announced the completion of the sale of its 35% equity interest in Insighta to Tencent for total cash consideration of $70 million.
The transaction provides a substantial and immediate increase in Prenetics’ cash resources, further strengthening the Company’s financial position as it sharpens its focus on the global expansion of IM8, its flagship consumer health brand.
Financial Impact of the Transaction
The completion of the Insighta sale transaction with Tencent delivers $70 million in new cash proceeds to Prenetics, of which $69 million was received on February 13, 2026 with $1 million held in escrow, materially enhancing the Company’s liquidity and financial flexibility.
As of February 15, 2026, the Company’s total adjusted liquidity is as follows:
| Asset Type | Balance (in millions) | |
| Cash and cash equivalents | $99.3 | |
| Financial assets at fair value through profit or loss
1
|
$29.3 | |
| ACT escrow
2
|
$6.3 | |
| Tencent escrow
3
|
$1.0 | |
| Sub-total | $135.9 | |
| Alternative Assets | $35.2 | |
| Total adjusted liquidity | $171.1 | |
Prenetics continues to operate with zero outstanding debt. The Company will provide an update on its financial position and outlook during its fourth quarter and full-year 2025 earnings announcement, scheduled for pre-market on February 18, 2026.
Strategic Rationale
The sale of the Insighta stake represents the final and most significant milestone in Prenetics’ strategic transformation to streamline operations and sharpen its focus on IM8 as the Company’s core growth engine.
The transaction:
- Provides a substantial and immediate increase in cash resources
- Enhances strategic flexibility and financial resilience
- Supports continued investment in IM8’s global expansion and product innovation
- Further simplifies Prenetics’ operating structure
Danny Yeung, Chief Executive Officer and Co-Founder of Prenetics, commented:
“We are pleased to complete this transaction with Tencent, one of the world’s most respected technology companies. This strategic sale provides a significant injection of non-dilutive capital, enhancing our ability to fully execute on IM8’s global growth strategy.”
“Over the past year, we have taken decisive steps to streamline Prenetics and focus our resources on IM8, which has emerged as one of the fastest-growing brands in consumer health.”
“With additional cash resources and zero debt, Prenetics is now better positioned than ever to accelerate IM8’s international expansion, invest in innovation, bolster clinical trials, and continue building a generational health and longevity brand. We are confident that this strategic execution and our fortified balance sheet will drive significant long-term value for our shareholders.”
About Prenetics
Prenetics (NASDAQ: PRE) is a leading health sciences company dedicated to advancing human health and longevity. The Company’s flagship consumer brand, IM8, co-founded with David Beckham and championed by World No. 1 tennis player Aryna Sabalenka, is redefining the premium daily nutrition category through science-backed formulations and global brand partnerships. Since its launch, IM8 has become one of the fastest-growing brands in consumer health, achieving an impressive milestone of surpassing $100 million in annualized recurring revenue within just 11 months of operations, and is now sold in more than 30 countries worldwide.
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.
Investor Relations Contact:
Angela Cheung
Investor Relations / Corporate Finance
Forward-Looking Statements
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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