Freenome closes SPAC merger with PCSC; H1 2026 net loss $132.6M on $6.5M revenue

Perceptive Capital Solutions Corp

Business combination with Perceptive Capital Solutions closed July 20, 2026; net proceeds $295.5M to fund operations.
H1 2026 revenue $6.5M vs $1.5M YoY, driven by $5.2M license/collaboration revenue; Q2 revenue $2.3M.
H1 2026 net loss $132.6M vs $116.6M YoY; EPS -$4.97; R&D expense $106.4M, up 12% YoY.
Cash, equivalents and marketable securities $102.0M at June 30, 2026; runway at least 12 months.
Accumulated deficit $1.48B; convertible notes $107.2M outstanding; operating cash burn $97.1M in H1.

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