Freenome completes de-SPAC merger with Perceptive Capital Solutions; begins trading as FRNM

Perceptive Capital Solutions Corp

Gross proceeds of ~$310.3M from trust ($70.3M) and $240M PIPE at $10.00/share.
Holders of 1,392,723 PCSC shares redeemed for ~$15.1M at ~$10.82/share.
Post-merger shares outstanding: ~107.5M; 60.9% subject to registration rights.
Lock-up on sponsor and certain Freenome shares for 6 months post-closing.
Board reduced from 9 to 7 directors per Amendment No. 1 to BCA.

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