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Preface

The Dual-Engine Revolution:
Executive Summary

This is Our Moment

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I'm often asked a simple question: With our consumer healthcare business, driven by the phenomenal success of IM8, on a trajectory to become one of the fastest-growing supplement brands in history, why not just focus on that? Why complicate things by adding a Bitcoin treasury?

This manifesto is my answer. It is my truth. It explains why this dual-engine strategy—fusing a high-growth Health engine with a resilient Wealth engine—is not a complication but a strategic imperative. As a public company CEO with both existing and new investors, I believe deeply in transparency in our actions. This manifesto is that transparency—the complete story of why we're embarking on one of the most ambitious strategies in modern business history, combining explosive healthcare growth with sophisticated Bitcoin treasury management to create something the world has never seen before.

Twenty-five years from now, when business historians analyze the most transformative companies of the early 21st century, I believe Prenetics will be remembered as the company that pioneered the dual-engine growth model—proving that visionary entrepreneurs can create extraordinary value by operating at the intersection of multiple industries while building unassailable competitive advantages.

The questions everyone is asking—Why are we doing this? What's our mission? Why not just focus on IM8 when it shows all the signs of becoming a unicorn? How did we even get started thinking this way? Why now?—deserve comprehensive answers. This manifesto provides those answers as we aim to cement IM8 into one of the largest supplement brands globally – while building a significant and highly sustainable Bitcoin treasury.

With our recent approximately $44m equity raise through our sole placement agent Dominari Securities (where Donald Trump Jr. and Eric Trump Jr. serve as shareholders and advisors), we now have approximately $131 million in assets with $100 million in cash, and a current treasury position of 275 BTC (valued at approximately $31 million), we are not just theorizing; we are executing.

This strategic capital raise was supported by a distinguished group of institutional and individual investors. Notable participants include:

  • Kraken - One of the world's largest cryptocurrency exchanges and digital asset platforms. Strategic Value: Crypto and Bitcoin partnership opportunities with IM8 for seamless customer experiences
  • American Ventures LLC- Investment vehicle focused on growth companies including those in AI and crypto. Strategic Value: Crypto and Bitcoin investment expertise to enhance Prenetics' treasury strategy.
  • Exodus (NYSE: EXOD) - Publicly-traded multi-asset cryptocurrency wallet company serving millions of users globally with secure, self-custodial solutions. Strategic Value: Potential integration with IM8 platform for crypto-enabled health and wellness ecosystem
  • GPTX by Jihan Wu – Investment vehicle of Jihan Wu, the legendary Bitcoin mining pioneer, Founder, Chairman and CEO of Nasdaq-listed Bitdeer Technologies Group (NASDAQ: BTDR), one of the world’s largest cryptocurrency mining companies. Strategic Value: Unmatched expertise in Bitcoin mining infrastructure and large-scale accumulation strategies to enhance Prenetics’ Bitcoin treasury initiative.
  • XtalPi (2228.HK) - $6 billion market cap Hong Kong-listed innovator at the intersection of quantum physics, artificial intelligence, and robotics, pioneers intelligent drug and material discovery. Strategic Value: Strong capabilities and proven success in AI-driven molecular design for next-generation health supplements and cosmetic actives with potential for commercial licensing and product development partnerships with IM8.
  • DL Holdings (1709.HK) - $4 billion AUM-Hong Kong Stock Exchange-listed MFO, investment banking and digital assets group focusing on multi-strategy investment funds. Strategic Value: Digital asset management expertise and institutional Bitcoin strategy guidance
  • Mythos Group - Multi-strategy digital asset holding company with strong presence in the Asia-Pacific region, focusing on blockchain integration and Bitcoin strategies. Strategic Value: Insights into optimizing Bitcoin treasury initiative
  • AV8 Group - A global investment platform fusing celebrity, capital, and creativity to build iconic brands and ventures. Strategic Value: Expands IM8’s global reach through celebrity partnerships and cultural influence
  • G70 – A premier multi-family office advising and managing the wealth of Asia’s most distinguished and influential family businesses. Strategic Value: Strengthens  Prenetics’ network among Asia’s most influential family businesses.
  • Aryna Sabalenka - World #1 tennis and 4-time Grand Slam Champion, global ambassador for IM8, and an existing Prenetics shareholder. Strategic Value: Her further investment deepens alignment with IM8’s mission to elevate human performance and longevity, while amplifying the brand’s global reach across sports, wellness, and consumer audiences worldwide.
  • Adrian Cheng — One of Asia’s most influential visionaries, shaping the future of culture, creativity, and capital; an original cornerstone investor in Prenetics’ IPO. Strategic Value: Brings unparalleled access to global cultural networks, visionary partnerships, and long-term capital within Asia’s most dynamic innovation ecosystem.
  • Johnny Han - Chairman and CEO of CST Group, a business Trailblazer driving the company’s evolution from legacy mining to a diversified investment empire. Strategic Value: Strengthens IM8 and Prenetics’ network among leading family offices and strategic partners across Asia.
  • Dr. Richard Petty - a best-selling author, former member of the IFAC board and B20, company director, awarded business school professor, keynote speaker, and investor with extensive global business experience. Strategic Value: Deep experience in new market entry and development and improving competitiveness, global experience in financial innovation, DAT governance, and a transition to an AI-enabled new economy.
  • Roman Khan - the co-founder and president of Peak 21, an e-commerce holding company that acquires, scales and operates direct-to-consumer brands, building a profitable portfolio generating hundreds of millions annually. Strategic value: His expertise in digital brand building and operational scaling brings strategic value to IM8’s rapid global expansion and e-commerce acceleration.

The offering's innovative double warrant structure, with potential total proceeds reaching $212 million if fully exercised, demonstrates unprecedented market confidence in our dual-engine vision. This strategic capital strengthens our balance sheet to over $131 million in total liquidity, providing the flexibility to accelerate IM8's global expansion while strategically enhancing our Bitcoin treasury through disciplined accumulation—including the potential to increase our current daily 1 BTC purchase strategy. Given IM8's rocketship growth trajectory and the massive global market opportunity ahead, we're systematically building what I call a "fortress of value" while IM8, our premium supplements brand races toward our ambitious 5-year goal: $1 billion in annual revenue alongside $1 billion in Bitcoin holdings.

This isn't just about building a successful company. It's about proving that entrepreneurial excellence can create outcomes that seemed impossible to previous generations. It's about demonstrating that the right combination of vision, execution, and timing can create value that benefits all stakeholders while contributing to broader societal progress.

The future of Health + Wealth starts now.

Introduction: Why My Journey Matters to This Story

Before diving into the dual-engine strategy that defines Prenetics today, it's essential to understand why my personal entrepreneurial journey is not just relevant but fundamental to this story. This isn't about ego or personal branding—it's about pattern recognition, execution capability, and the credibility that comes from repeatedly identifying and capitalizing on transformative opportunities across different industries and market cycles.

The dual-engine strategy we're implementing at Prenetics didn't emerge from theoretical business school frameworks or consultant recommendations. It emerged from two decades of building businesses, making investments, and recognizing patterns that others miss. Every venture, every success, and every setback contributed to the comprehensive understanding of business building that now guides our approach to combining healthcare innovation with Bitcoin treasury management.

The story of how we got here—from working at a baseball card store at age 12 to building one of the fastest-growing supplement brands in history while simultaneously building a Bitcoin treasury—is a story of pattern recognition in action. It's about understanding that the most successful businesses are built at the intersection of multiple powerful trends, and that the entrepreneurs who can identify and execute at these intersections create extraordinary value.

This journey matters because it demonstrates the operational discipline, strategic thinking, and execution capabilities necessary to turn ambitious visions into sustainable, scalable businesses. The credibility to pursue a dual-engine strategy doesn't come from having good ideas—it comes from having repeatedly proven the ability to execute complex strategies at scale while creating value for all stakeholders.

The lessons learned from scaling Groupon across multiple Asian markets directly inform our approach to international expansion with IM8. The pattern recognition that identified Honey's (acquired by PayPal) transformative potential before it became obvious to the broader market is the same capability that allows us to see the convergence opportunities between healthcare growth and Bitcoin treasury management. The operational excellence demonstrated during our COVID response provides the foundation for both our healthcare growth objectives and our Bitcoin treasury strategy.

Understanding this journey is essential because it explains not just what we're doing, but why we have the capability to do it successfully. The dual-engine strategy isn't a theoretical experiment—it's the logical evolution of proven pattern recognition and execution capabilities applied to the next transformative opportunity.