PCSC
Perceptive Capital Solutions Corp11.80
-0.43-3.52%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
130.60MP/E (TTM)
-Basic EPS (TTM)
-Dividend Yield
0%Recent Filings
10-K
FY2025 results
Perceptive Capital Solutions, a blank-check vehicle, ended FY2025 with $91.9M in its trust account from a June 2024 IPO of 8.6M shares at $10.00, generating $3.8M in interest income but posting a $1.3M working capital deficit amid $3.0M operating costs. No revenues or operations yet; net income hit $837K on trust yields. Q4 saw a December 5 Business Combination Agreement for a merger with Freenome, targeting $725M equity value plus $240M PIPE, eyeing H1 2026 close—yet faces redemption risks and a June 2026 deadline. Sponsor holds 21% voting power. Trust intact. No buybacks or dividends. Freenome deal failure risks liquidation.
8-K
PCSC-Freenome merger announced
Perceptive Capital Solutions (PCSC) signed a business combination agreement with Freenome on December 5, 2025, valuing Freenome at $725 million pre-money. PCSC will domesticate to Delaware, rename Freenome, Inc., and merge Freenome in via two-step process, targeting close in H1 2026 pending approvals. PIPE raises $240 million at $10/share from Perceptive, RA Capital, and others. Shareholder redemptions loom large.
10-Q
Q3 FY2025 results
Perceptive Capital Solutions Corp, a blank-check company hunting for its first business combination, posted a net income of $144,634 for Q3 2025 ended September 30, down sharply from $981,482 a year earlier, as general and administrative expenses surged to $856,160 from $196,128 while interest income on the Trust Account dipped to $972,598 from $1,163,406. Year-to-date through nine months, net income climbed to $1,578,036 from $1,068,960, fueled by $2,883,432 in Trust interest offsetting higher operating costs of $1,305,314. The Trust Account swelled to $90.9M, up from $88.7M at year-end 2024, with outside cash at $1.2M supporting the ongoing search. No debt weighs on the balance sheet. Yet mandatory liquidation looms if no deal closes by June 13, 2026.
10-Q
Q2 FY2025 results
Perceptive Capital Solutions Corp, a blank-check company hunting for its first business combination, posted a net income of $754,847 for Q2 FY2025 ended June 30, 2025, up sharply from $102,875 in Q2 FY2024, thanks to $948,922 in interest from its Trust Account investments—yet operating losses widened to $193,196 from $106,554 as administrative costs climbed. For the first half, net income hit $1,433,402 versus $87,478 last year, with Trust Account assets swelling to $89.9M from $88.7M at year-end 2024 after withdrawing $600,000 for working capital; cash outside the Trust stands at $1.3M with no debt. No revenue yet, but interest covers the bills. The Trust holds steady at $10.43 per redeemable share. Solid liquidity supports the search. Tariffs and trade shifts could shrink the target pool.
10-Q
Q1 FY2025 results
Perceptive Capital Solutions swung to a net income of $678,555 for Q1 FY2025 ended March 31, 2025, up from a $15,397 loss in the prior-year stub period, fueled by $961,912 in interest from the Trust Account while general and administrative expenses rose to $255,958. The Trust Account grew to $89.3M, reflecting accretion of $934,513, with cash outside the trust at $1.2M supporting the hunt for a business combination. No operating revenue yet, but interest income covers costs handily. Solid liquidity persists. Yet tariffs and trade policy shifts could narrow the pool of viable targets.
IPO
Sector
Industry
IPCX
Inflection Point Acquisition Co
10.11+0.00
LPAA
Launch One Acquisition Corp.
10.59+0.03
PACH
Pioneer Acquisition I Corp
10.11+0.01
PCAP
ProCap Acquisition Corp
10.18+0.02
PGAC
Pantages Capital Acquisition Co
10.37+0.00
PLMK
Plum Acquisition Corp. IV
10.43+0.00
SIMA
SIM Acquisition Corp. I
10.57+0.01
SVCC
Stellar V Capital Corp.
10.38+0.00
TAVI
Tavia Acquisition Corp.
10.41+0.00
UYSC
UY Scuti Acquisition Corp.
10.22+0.00