Panacea Acquisition II Prices $150M IPO

IPO

Panacea Acquisition II priced its IPO of 15 million Class A ordinary shares at $10 each. Shares begin trading today on the Nasdaq under PANA. 

The SPAC is sponsored by EcoR1 Panacea Holdings II, an affiliate of EcoR1 Capital.

Panacea II is searching for a target business operating in the biotechnology sector and based in North America or Europe. Read more.

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