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Freenome Holdings Enters Into Definitive Business Combination Agreement With Capital Solutions Corp; PCSC Renamed Freenome Under Ticker 'FRNM'

Benzinga·12/05/2025 13:38:25
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In addition to approximately $90 million held in PCSC's trust account (assuming no redemptions by PCSC's public shareholders), the transaction includes commitments for a common equity PIPE at $10.00 per share of approximately $240 million from a group of premier healthcare investors. The PIPE is led by Perceptive and RA Capital with participation from ADAR1 Capital, Bain Capital Life Sciences, Farallon Capital Management, as well as other new and existing leading healthcare investors.