Prescott & Hale Holdings Becomes Second-Largest Shareholder of UK's Metilience Global with $10M Warrant Option

Prescott & Hale Holdings LLC (P&H Holdings), a U.S. investment firm, has acquired a 19% stake in UK-based Metilience Global Ltd. Along with the equity stake, P&H Holdings secured a $10 million warrant option exercisable over the next 10 years based on the company's business performance.

Under the terms of the transaction, P&H Holdings has become the second-largest shareholder of Metilience Global by acquiring 19% of its existing common stock. The founder, CEO Gwangseok Kim, remains the majority shareholder with an 81% stake and will continue to lead overall business operations as the chief executive.

The warrant agreement, signed alongside the secondary stock purchase, allows P&H Holdings to acquire new shares linked to the company's performance milestones over a 10-year period. If P&H Holdings exercises the warrants in full, the total transaction value will amount to approximately USD 10 million (approx. KRW 15.4 billion) based on the contract date, raising P&H Holdings’ stake to 24.9%.

The exercise of these warrants will not be triggered automatically upon merely hitting revenue or performance targets. Instead, when Metilience Global presents evidence of achieving milestones—backed by financial statements, client contracts, and financial transaction records—P&H Holdings will conduct an internal investment review alongside an accounting firm. The warrants will only be exercised upon receiving final written approval from P&H Holdings’ investment committee.

With this equity sale, Metilience Global plans to accelerate the international expansion of its media, creative, and brand IP businesses, which include Belgrave & Morgan, The Carnegie Journal, and the George Hotel global chain.

"Securing investment from a U.S. family office is highly encouraging, but it also brings a heavy responsibility for our business performance," said Gwangseok Kim(Gwangseok Keith Kim), CEO of Metilience Global. "We are committed to translating the brand and media assets that Metilience has built—such as Belgrave & Morgan and The Carnegie Journal—into robust revenue and corporate value in the global market."