New healthcare SPAC Perceptive Capital Solutions priced its initial public offering of 7.5 million shares at $10 each. The securities list on the Nasdaq and begin trading today under the ticker symbol PCSC.
The SPAC said it intends to focus on the healthcare industry in the United States and other developed countries. The company is led by Chairman Joseph Edelman, CEO Adam Stone, CBO Michael Altman and CFO Sam Cohn.
Edelman is founder, CEO and portfolio manager of Perceptive Advisors.
Jefferies is sole book-running managers for the offering. The SPAC has granted Jefferies a 45-day option to purchase up to an additional 1.125 million shares to cover over-allotments, if any, at the IPO price.
The offering is expected to close June 13. Read more.
