# EDGAR Filing Document

**Accession Number:** 0001876431
**File Stem:** 0001628280-25-040985
**Filing Date:** 2025-8
**Character Count:** 26601
**Document Hash:** fa45951dd3c55b11c721d8b11f875293
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-25-040985.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001628280-25-040985

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250331

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Prenetics Global Ltd
- **CENTRAL INDEX KEY:** 0001876431
- **STANDARD INDUSTRIAL CLASSIFICATION:** LABORATORY ANALYTICAL INSTRUMENTS [3826]
- **ORGANIZATION NAME:** 08 Industrial Applications and Services
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41401
- **FILM NUMBER:** 251242216

**BUSINESS ADDRESS:**
- **STREET 1:** 7/F, K11 ATELIER, 728 KING'S ROAD
- **CITY:** QUARRY BAY
- **STATE:** K3
- **ZIP:** 000000
- **BUSINESS PHONE:** (852) 2210-7188

**MAIL ADDRESS:**
- **STREET 1:** 7/F, K11 ATELIER, 728 KING'S ROAD
- **CITY:** QUARRY BAY
- **STATE:** K3
- **ZIP:** 000000

**UNITED STATES<br>SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

![image_0.jpg](image_0.jpg)

**Form 6-K**

![image_0.jpg](image_0.jpg)

**REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE<br>13a-16 OR 15d-16 UNDER<br>THE SECURITIES EXCHANGE ACT OF 1934**

**For the month of August 2025**

**Commission File Number 001-41401**![image_0.jpg](image_0.jpg)

**Prenetics Global Limited**

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| | |
|:---|:---|
| **11401 Granite St.**<br>**Charlotte, NC 28273**<br>**USA**  | **Unit 703-706, K11 Atelier**<br>**728 King's Road, Quarry Bay** <br>**Hong Kong** |

---

(Address of principal executive office)

![image_0.jpg](image_0.jpg)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F

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The following document, which is attached as an exhibit hereto, is incorporated by reference herein:

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| | |
|:---|:---|
| **Exhibit** | **Title** |
| 99.1 | <u>[Unaudited pro forma financial statements of Prenetics Global Limited as of March 31, 2025 and for the year ended December 31, 2024 and three months ended March 31, 2025.](ex991-actq1.htm)</u> |

---

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Prenetics Global Limited** | **Prenetics Global Limited** |
|  | By: | /s/ Lo Hoi Chun |
|  | Name: | Lo Hoi Chun |
|  | Title: | Chief Financial Officer |
| Date: August 22, 2025 |  |  |

---

## Exhibit 99.1

**Exhibit 99.1**

**Unaudited pro forma condensed financial statements**

These unaudited pro forma condensed financial statements of Prenetics Global Limited (the "Company") are prepared based on the historical consolidated financial statements of the Company, and have been prepared to illustrate the pro forma effects of the consummating disposition of ACT Genomics Holdings Company Limited ("ACT Genomics") and the Company's $20 million Bitcoin purchases on the consolidated financial statements of the Company.

On June 18, 2025, the Company announced entering into a definitive agreement to divest its 70% interest in ACT Genomics on a fully diluted basis for consideration of approximately $46.3 million (the "Transaction", or "ACT Genomics disposition"). The consummating disposition is considered to be significant to the Company and is accounted for as discontinued operation. The consideration consists of the following:

---

| | |
|:---|:---|
| **Component** | **Amount**<br>**(in thousands of U.S. dollars)** |
| Cash receivable upon completion of the Transaction | $39997 |
| Cash consideration held in escrow\* | 6308 |
|  | $46305 |

---

*\* The escrow amounts comprise closing adjustment and indemnity escrow balances. These represent cash proceeds measured at contractual value, with release expected within 24 months after the Transaction completion. No contingent consideration arrangements are included in the Transaction.*

On June 16 and 17, 2025, the Company executed two separate trades through Kraken to acquire an aggregate 187.42 Bitcoin for total consideration of $20 million, representing at an average purchase price of $106,712 per Bitcoin (the "Bitcoin Purchases").

The information in the unaudited pro forma statements of profit or loss and other comprehensive income for the years ended December 31, 2024, 2023 and 2022 and for the three months ended March 31, 2025 gives effect to the pro forma adjustments as if the Transaction had been consummated on January 1, 2022 and the Bitcoin Purchases had been consummated on January 1, 2024. It is assumed that there is no fair value change in Bitcoin during year ended December 31, 2024 and for the three months ended March 31, 2025.

The information in the unaudited pro forma statement of financial position as at March 31, 2025 gives effect to the pro forma adjustments as if the Transaction and $20 million Bitcoin Purchases had been consummated on March 31, 2025.

All financial data in the unaudited pro forma condensed financial statements is presented in thousands of U.S. dollars, unless otherwise noted, and the unaudited pro forma condensed financial statements have been prepared in accordance with Article 11 of Regulation S-X using accounting policies that are consistent with IFRS Accounting Standards as issued by the International Accounting Standards Board.

The unaudited pro forma condensed financial statements are based on preliminary estimates, accounting judgments and currently available information and assumptions that management believes are reasonable. All financial data for the Transaction and the Bitcoin Purchases has been derived from the historical financial information of the businesses disposed, which were included in the audited financial statements of the Company as at December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022, and the unaudited interim consolidated financial statements of the Company as at March 31, 2025 and for the three months ended March 31, 2025. The notes to the unaudited pro forma condensed financial statements provide a detailed discussion of how such adjustments were derived and presented in the Unaudited Pro Forma Condensed Financial Statements. The unaudited pro forma condensed financial statements should be read in conjunction with the audited financial statements of the Company at December 31, 2024 and 2023, and for the years ended December 31, 2024, 2023 and 2022 on Form 20-F filed with the SEC on April 30, 2025 and amendment no. 1 to the Form 20-F filed with the SEC on July 18, 2025, and the unaudited interim consolidated financial statements of the Company as at March 31, 2025 and for the three months ended March 31, 2025 and 2024 on Form 6-K furnished to the SEC on June 12, 2025.

The unaudited pro forma condensed financial statements have been prepared for illustrative purposes only and are not necessarily indicative of the statement of financial position or statements of profit or loss and other comprehensive income of the Company had the Transaction and the Bitcoin Purchases occurred on the dates indicated, nor is such pro forma condensed financial information necessarily indicative of the results to be expected for any future period. The actual statement of financial position and statements of profit or loss and other comprehensive income may differ significantly from the pro forma amounts reflected herein due to a variety of factors.

------

**Unaudited pro forma statement of financial position**

**At March 31, 2025**

*(All amounts in thousands of U.S. dollars ("$"))*

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| | **Company (historical)** | **Bitcoin Purchases** | **Sub-total** | **ACT Genomics (consummating disposition)** | **Transaction Accounting Adjustments** | **Notes** | **Pro Forma - Combined** |
| | | (j) | | | | | |
| **Assets** |  |  |  |  |  |  |  |
| Property, plant and equipment | $7073 |  | $7073 | $3817 |  |  | $3256 |
| Intangible assets | 11333 | 20000 | 31333 | 10952 |  |  | 20381 |
| Goodwill | 37364 |  | 37364 | 29170 |  |  | 8194 |
| Interests in equity-accounted investees | 67884 |  | 67884 | 847 |  |  | 67037 |
| Financial assets at fair value through profit or loss - non-current | 1103 |  | 1103 |  |  |  | 1103 |
| Other non-current assets | 1234 |  | 1234 | 783 |  |  | 451 |
| **Non-current assets** | 125991 |  | 145991 | 45569 |  |  | 100422 |
| Deferred expenses - current | 1492 |  | 1492 |  |  |  | 1492 |
| Inventories | 6610 |  | 6610 | 1981 |  |  | 4629 |
| Trade receivables | 4462 |  | 4462 | 2793 |  |  | 1669 |
| Deposits, prepayments and other receivables | 6929 |  | 6929 | 650 |  |  | 6279 |
| Amount due from ACT Genomics |  |  |  |  | 2181 | (h) | 2181 |
| Amount due from a related company | 3 |  | 3 |  |  |  | 3 |
| Financial assets at fair value through profit or loss - current | 10562 |  | 10562 |  |  |  | 10562 |
| Cash and cash equivalents | 47966 | (20000) | 27966 | 4812 | 46305 | (g) | 69459 |
| **Current assets** | 78024 |  | 58024 | 10236 |  |  | 96274 |
| **Total assets** | $204015 |  | $204015 | $55805 |  |  | $196696 |
| **Liabilities** |  |  |  |  |  |  |  |
| Deferred tax liabilities | $2097 |  | $2097 | $2054 |  | (d) | $43 |
| Warrant liabilities | 237 |  | 237 |  |  |  | 237 |
| Lease liabilities - non-current | 2546 |  | 2546 | 1164 |  |  | 1382 |
| Other non-current liabilities | 323 |  | 323 | 94 |  |  | 229 |
| **Non-current liabilities** | 5203 |  | 5203 | 3312 |  |  | 1891 |
| Trade payables | 2137 |  | 2137 | 773 |  |  | 1364 |
| Accrued expenses and other current liabilities | 10231 |  | 10231 | 2058 | 1550 | (f) | 9723 |
| Amount due to the Company |  |  |  | 2200 | 2200 | (h) |  |
| Contract liabilities | 6191 |  | 6191 | 22 |  |  | 6169 |
| Lease liabilities - current | 2604 |  | 2604 | 985 |  |  | 1619 |
| Liabilities for puttable financial instrument | 14520 |  | 14520 |  | (14520) | (e) |  |
| Tax payable | 13 |  | 13 |  |  |  | 13 |
| **Current liabilities** | 35696 |  | 35696 | 6038 |  |  | 18888 |
| **Total liabilities** | 40899 |  | 40899 | 9350 |  |  | 20779 |
| **Equity** |  |  |  |  |  |  |  |
| Share capital | 20 |  | 20 | 17 | 17 | (k) | 20 |
| Reserves | 160862 |  | 160862 | 46114 | 59239 | (e), (f), (g), (h), (k) | 173987 |
| **Total equity attributable to equity shareholders of the Company** | 160882 |  |  | 46131 |  |  | 174007 |
| Non-controlling interests | 234 |  | 234 | 324 |  |  | (90) |
| Total equity | 161116 |  | 234 | 46455 |  |  | 173917 |
| **Total equity and liabilities** | $202015 |  | $41133 | $55805 |  |  | $194696 |

---

*See the accompanying notes to the Unaudited Pro Forma Condensed Financial Statements.*

------

**Unaudited pro forma statements of profit or loss and other comprehensive income**

**For the three months ended March 31, 2025**

*(All amounts in thousands of U.S. dollars ("$") unless otherwise indicated)*

---

| | | | |
|:---|:---|:---|:---|
| | **Company (historical)** | **ACT Genomics (consummating disposition)** | **Pro Forma - Combined** |
| **Continuing operations** | | | |
| Revenue | $17312 | $2715 | $14597 |
| Direct costs | (9970) | (1804) | (8166) |
| Gross profit | 7342 | 911 | 6431 |
| Other income and other net gain | 312 | 108 | 204 |
| Selling and distribution expenses | (4789) | (656) | (4133) |
| Research and development expenses | (2416) | (408) | (2008) |
| Administrative and other operating expenses | (11081) | (2225) | (8856) |
| **Operating loss from continuing operations** | (10632) | (2270) | (8362) |
| Fair value loss on warrant liabilities | (63) |  | (63) |
| Share of (loss)/gain of equity-accounted investees, net of tax | (309) | 13 | (322) |
| Other finance costs | (69) | 7 | (76) |
| **Loss before taxation** | (11073) | (2250) | (8823) |
| Income tax credit/(expense) | 64 | 84 | (20) |
| **Loss from continuing operations** | (11009) | (2166) | (8843) |
| Other comprehensive income/(expense) | 67 | 103 | (36) |
| **Total comprehensive expense from continuing operations for the year** | $(10942) | $(2063) | $(8879) |
| **Loss attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (10390) | (1541) | $(8849) |
| Non-controlling interests | (626) | (625) | (1) |
|  | $(11016) | $(2166) | $(8850) |
| **Total comprehensive expense attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (10243) | (1358) | $(8885) |
| Non-controlling interests | (706) | (705) | (1) |
|  | $(10949) | $(2063) | $(8886) |
| **Loss from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(10383) | $(1541) | $(8842) |
| Non-controlling interests | (626) | (625) | (1) |
|  | $(11009) | $(2166) | $(8843) |
| **Total comprehensive expense from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(10236) | $(1358) | $(8878) |
| Non-controlling interests | (706) | (705) | (1) |
|  | $(10942) | $(2063) | $(8879) |
| **Loss per share from continuing operations:** |  |  |  |
| Basic | $(0.80) |  | $(0.68) |
| Diluted | (0.80) |  | (0.68) |
| **Weighted average number of common shares:** |  |  |  |
| Basic | 13002975 |  | 13002975 |
| Diluted | 13002975 |  | 13002975 |

---

*See the accompanying notes to the Unaudited Pro Forma Condensed Financial Statements.*

------

**Unaudited pro forma statements of profit or loss and other comprehensive income**

**For the year ended December 31, 2024**

*(All amounts in thousands of U.S. dollars ("$") unless otherwise indicated)*

---

| | | | |
|:---|:---|:---|:---|
| | **Company (historical)** | **ACT Genomics (consummating disposition)** | **Pro Forma - Combined** |
| **Continuing operations** | | | |
| Revenue | $30621 | $14685 | $15936 |
| Direct costs | (15221) | (8562) | (6659) |
| Gross profit | 15400 | 6123 | 9277 |
| Other income and other net gain | 2745 | 739 | 2006 |
| Selling and distribution expenses | (8636) | (3223) | (5413) |
| Research and development expenses | (10923) | (1872) | (9051) |
| Administrative and other operating expenses | (46730) | (13640) | (33090) |
| **Operating loss from continuing operations** | (48144) | (11873) | (36271) |
| Fair value loss on financial assets at fair value through profit or loss | (8869) |  | (8869) |
| Fair value gain on warrant liabilities | 49 |  | 49 |
| Gain on partial disposal of an equity-accounted investee | 1244 |  | 1244 |
| Share of (loss)/gain of equity-accounted investees, net of tax | (1779) | 231 | (2010) |
| Other finance costs | (203) | (35) | (168) |
| **Loss before taxation** | (57702) | (11677) | (46025) |
| Income tax credit | 7874 | 235 | 7639 |
| **Loss from continuing operations** | (49828) | (11442) | (38386) |
| Other comprehensive (expense)/income | (721) | (1917) | 1196 |
| **Total comprehensive expense from continuing operations for the year** | $(50549) | $(13359) | $(37190) |
| **Loss attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (46304) | (7945) | $(38359) |
| Non-controlling interests | (3502) | (3497) | (5) |
|  | $(49806) | $(11442) | $(38364) |
| **Total comprehensive expense attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (46785) | (9622) | $(37163) |
| Non-controlling interests | (3742) | (3737) | (5) |
|  | $(50527) | $(13359) | $(37168) |
| **Loss from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(46326) | $(7945) | $(38381) |
| Non-controlling interests | (3502) | (3497) | (5) |
|  | $(49828) | $(11442) | $(38386) |
| **Total comprehensive expense from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(46807) | $(9622) | $(37185) |
| Non-controlling interests | (3742) | (3737) | (5) |
|  | $(50549) | $(13359) | $(37190) |
| **Loss per share from continuing operations:** |  |  |  |
| Basic | $(3.71) |  | $(3.07) |
| Diluted | (3.71) |  | (3.07) |
| **Weighted average number of common shares:** |  |  |  |
| Basic | 12494648 |  | 12494648 |
| Diluted | 12494648 |  | 12494648 |

---

*See the accompanying notes to the Unaudited Pro Forma Condensed Financial Statements.*

------

**Unaudited pro forma statements of profit or loss and other comprehensive income**

**For the year ended December 31, 2023**

*(All amounts in thousands of U.S. dollars ("$") unless otherwise indicated)*

---

| | | | |
|:---|:---|:---|:---|
| | **Company (historical)** | **ACT Genomics (consummating disposition)** | **Pro Forma - Combined** |
| **Continuing operations** | | | |
| Revenue | $21743 | $15588 | $6155 |
| Direct costs | (12913) | (7931) | (4982) |
| Gross profit | 8830 | 7657 | 1173 |
| Other income and other net gain | 4507 | 374 | 4133 |
| Selling and distribution expenses | (8243) | (2782) | (5461) |
| Research and development expenses | (11662) | (2489) | (9173) |
| Impairment loss of goodwill | (3900) | (3900) |  |
| Administrative and other operating expenses | (41438) | (12322) | (29116) |
| **Operating loss from continuing operations** | (51906) | (13462) | (38444) |
| Fair value loss on financial assets at fair value through profit or loss | (7135) |  | (7135) |
| Fair value gain on warrant liabilities | 3351 |  | 3351 |
| Share of loss of equity-accounted investees, net of tax | (859) | (189) | (670) |
| Other finance costs | (120) | (73) | (47) |
| **Loss before taxation** | (56669) | (13724) | (42945) |
| Income tax credit/(expense) | 269 | 323 | (54) |
| **Loss from continuing operations** | (56400) | (13401) | (42999) |
| Other comprehensive income/(expense) | 1795 | 2514 | (719) |
| **Total comprehensive expense from continuing operations for the year** | $(54605) | $(10887) | $(43718) |
| **Loss attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (62724) | (11348) | $(51376) |
| Non-controlling interests | (2053) | (2053) |  |
|  | $(64777) | $(13401) | $(51376) |
| **Total comprehensive expense attributable to:** |  |  |  |
| Equity shareholders of Prenetics | (61112) | (9017) | $(52095) |
| Non-controlling interests | (1870) | (1870) |  |
|  | $(62982) | $(10887) | $(52095) |
| **Loss from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(54347) | $(11348) | $(42999) |
| Non-controlling interests | (2053) | (2053) |  |
|  | $(56400) | $(13401) | $(42999) |
| **Total comprehensive expense from continuing operations attributable to:** |  |  |  |
| Equity shareholders of Prenetics | $(52735) | $(9017) | $(43718) |
| Non-controlling interests | (1870) | (1870) |  |
|  | $(54605) | $(10887) | $(43718) |
| **Loss per share from continuing operations:** |  |  |  |
| Basic | $(4.83) |  | $(3.82) |
| Diluted | (4.83) |  | (3.82) |
| **Weighted average number of common shares:** |  |  |  |
| Basic | 11246010 |  | 11246010 |
| Diluted | 11246010 |  | 11246010 |

---

*See the accompanying notes to the Unaudited Pro Forma Condensed Financial Statements.*

------

**Unaudited pro forma statements of profit or loss and other comprehensive income**

**For the year ended December 31, 2022**

*(All amounts in thousands of U.S. dollars ("$") unless otherwise indicated)*

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Company (historical)** | **Transaction Accounting Adjustments** | **Notes** | **Pro Forma - Combined** |
| | (i) | | | |
| **Continuing operations** |  |  |  |  |
| Revenue | $13164 |  |  | $13164 |
| Direct costs | (9546) |  |  | (9546) |
| Gross profit | 3618 |  |  | 3618 |
| Other income and other net gain | 430 |  |  | 430 |
| Selling and distribution expenses | (4738) |  |  | (4738) |
| Research and development expenses | (5989) |  |  | (5989) |
| Administrative and other operating expenses | (59343) | (1550) | (f) | (60893) |
| **Operating loss from continuing operations** | (66022) |  |  | (67572) |
| Fair value loss on financial assets at fair value through profit or loss | (9363) |  |  | (9363) |
| Share-based payment on listing | (89547) |  |  | (89547) |
| Fair value loss on preference shares liabilities | (60091) |  |  | (60091) |
| Fair value gain on warrant liabilities | 3197 |  |  | 3197 |
| Gain on disposal of a subsidiary |  | 173 | (c) | 173 |
| Other finance costs | (3995) |  |  | (3995) |
| **Loss before taxation** | (225821) |  |  | (227198) |
| Income tax credit | 245 |  | (d) | 245 |
| **Loss from continuing operations** | (225576) |  |  | (226953) |
| Other comprehensive expense | (4843) |  |  | (4843) |
| **Total comprehensive expenses from continuing operations for the year** | $(230419) |  |  | $(231796) |
| **Loss attributable to:** |  |  |  |  |
| Equity shareholders of Prenetics | $(190454) |  |  | $(191831) |
| Non-controlling interests |  |  |  |  |
|  | $(190454) |  |  | $(191831) |
| **Total comprehensive expense attributable to:** |  |  |  |  |
| Equity shareholders of Prenetics | $(195297) |  |  | $(196674) |
| Non-controlling interests |  |  |  |  |
|  | $(195297) |  |  | $(196674) |
| **Loss from continuing operations attributable to:** |  |  |  |  |
| Equity shareholders of Prenetics | $(225576) |  |  | $(226953) |
| Non-controlling interests |  |  |  |  |
|  | $(225576) |  |  | $(226953) |
| **Total comprehensive expense from continuing operations attributable to:** |  |  |  |  |
| Equity shareholders of Prenetics | $(230419) |  |  | $(231796) |
| Non-controlling interests |  |  |  |  |
|  | $(230419) |  |  | $(231796) |
| **Loss from continuing operations per share:** |  |  |  |  |
| Basic | $(44.50) |  |  | $(44.77) |
| Diluted | (44.50) |  |  | (44.77) |
| **Weighted average number of common shares:** |  |  |  |  |
| Basic | 5069315 |  |  | 5069315 |
| Diluted | 5069315 |  |  | 5069315 |

---

*See the accompanying notes to the Unaudited Pro Forma Condensed Financial Statements.*

------

**Notes to the unaudited pro forma condensed financial statements**

a.On June 18, 2025, the Company announced sales of ACT Genomics. The adjustment to the unaudited pro forma statement of financial position includes the derecognition of total assets of $55.8 million and the derecognition of total liabilities of $9.4 million. The pro forma adjustment to the unaudited pro forma statement of financial position to reflect the Transaction also includes other effects discussed in notes (c), (d), (e), (f), (g), (h), (i) and (k).

b.These pro forma adjustments include the elimination of the historical operating results of the ACT Genomics for the three months ended March 31, 2025 and for the years ended December 31, 2024, 2023 and 2022 because the divestment of ACT Genomics also qualified as discontinued operation under IFRS 5.

c.The estimated pre-tax net gain of approximately $0.2 million from the disposition is reflected as an adjustment on the unaudited pro forma statements of profit or loss and other comprehensive income for the year ended December 31, 2022. The estimated net gain on disposition is based on the historical carrying value of the net assets as of March 31, 2025. The actual gain or loss will be calculated based on the net book value as of the closing of the Transaction and therefore, could differ from the current estimate.

d.There are no current or deferred income tax impacts expected in relation to the pro forma adjustments reflected in the unaudited pro forma statements of profit or loss and other comprehensive income for the three months ended March 31, 2025 and for the years ended December 31, 2024, 2023 and 2022. The Transaction is not subject to profits tax, capital gains tax or withholding tax under the applicable laws of the relevant jurisdictions.

e.Represents adjustment to remove the effects of liabilities for puttable financial instrument, which were extinguished upon the Transaction. With the adoption of an amended memorandum and articles of association, the puttable rights granted to the remaining shareholders of ACT Genomics were terminated upon the Transaction.

f.Includes the accrual of approximately $1.6 million of transaction costs incurred by the Company upon the Transaction.

g.Includes estimated cash proceeds of approximately $46.3 million, included in cash and cash equivalents.

h.Represents the elimination of intercompany balances between the Company and ACT Genomics as of March 31, 2025. In accordance with IFRS 5, these balances were not eliminated when ACT Genomics was classified as a held for sale and therefore remained in the Company's consolidated statement of financial position at that date.

i.ACT Genomics was acquired by the Company on December 30, 2022. As the acquisition occurred at the end of the fiscal year and December 31, 2022 was not a business day, there was no material impact on the Company's consolidated statement of profit or loss and other comprehensive income for the year ended December 31, 2022. Accordingly, the pro forma condensed statement of profit or loss and other comprehensive income for that year does not include any adjustments relating to ACT Genomics operations.

j.On June 16 and 17, 2025, the Company executed two separate trades through Kraken to acquire an aggregate 187.42 Bitcoin for total consideration of $20 million, representing an average purchase price of $106,712 per Bitcoin. The Bitcoin Purchases are recognized as intangible assets under IAS 38 at cost on initial recognition and, given the existence of an active market, are subsequently measured using the revaluation model. Any revaluation increase arising from revaluation of intangible assets is recognized in other comprehensive income and accumulated in revaluation reserve, except to the extent that it reverses a revaluation decrease of the same asset previously recognized in profit or loss, in which case the increase is credited to profit or loss to the extent of the decrease previously charged. A decrease in net carrying amount arising on revaluation of an intangible asset is recognized in profit or loss to the extent that it exceeds the balance, if any, on the revaluation reserve relating to a previous revaluation of that asset. On the subsequent sale or retirement of a revalued asset, the attributable revaluation surplus is transferred to retained profits.

k.Represents the elimination of ACT Genomics' historical equity balances from the Company's consolidated statement of financial position to reflect the Transaction.

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