Perceptive Capital Solutions Completes $86.25M IPO

IPO

New healthcare SPAC Perceptive Capital Solutions closed its IPO with a raise of $86.25 million, including the full exercise of the underwriters’ over-allotment option. The securities list on the Nasdaq 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. Read more.

Total
0
Shares
Related Posts