Perceptive Capital Solutions Corp closes $86.25M SPAC IPO, places funds in trust

Perceptive Capital Solutions Corp

IPO of 8,625,000 Class A shares at $10.00 each, including full over-allotment of 1,125,000 shares.
Private placement of 286,250 shares to sponsor Perceptive Capital Solutions Holdings for $2,862,500.
Net proceeds of $86,250,000 deposited into trust account for benefit of public shareholders.
Company must complete a business combination within 24 months or redeem public shares at $10.00 per share.
Trust funds can be used for working capital (up to $300K annual limit) and taxes before business combination.

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