G42 sold 2% of Presight AI Holding Plc to institutional investors via an accelerated bookbuild, raising approximately $100 million. The sale lowers G42’s stake from 70.5% to about 68.5%.
The offering, open to select institutional investors, aims to broaden Presight’s international investor base, increase free float and improve liquidity ahead of potential inclusion in the FTSE Emerging Market Index. G42 will maintain majority control and agreed to a 180-day lock-up on additional sales.
First Abu Dhabi Bank and Jefferies acted as joint global coordinators and joint bookrunners, with International Securities as co‑bookrunner. Settlement is expected around September 10, 2025.
Presight listed on the Abu Dhabi Securities Exchange in 2023 after raising $496 million in an oversubscribed IPO. Recent financial results include a second‑quarter net profit of Dh77 million ($21 million), up nearly 8%, and revenue of Dh523.9 million, up more than 53%. Group CFO Ricky Thirion called Presight “a critical pillar of the G42 ecosystem.”
Secondary offerings across the UAE have raised roughly $3.7 billion in 2025, surpassing IPO proceeds. Presight’s share price has climbed around 67% year‑to‑date.
