Presight AI, a G42 Company, announces its intention to list on the Abu Dhabi Securities Exchange via an Initial Public Offering

Presight AI Holding PLC, a G42 company, plans to offer 1,359,680,000 new ordinary shares for public subscription in the UAE. This represents 24.24% of the company's share capital, with the IPO period set from March 13 to March 17, 2023, and trading expected to start on March 27, 2023. The UAE Securities and Commodities Authority approved the IPO application on March 3, 2023. Of the total shares offered, 168,396,368 will be allocated to retail investors, while 1,191,283,632 shares will go to professional investors, reflecting a strategic approach to market engagement.