PANACEA ACQUISITION CORP. II

Panacea Acquisition Corp. II Announces Pricing of $150,000,000 Initial Public Offering

Retrieved on: 
Wednesday, April 7, 2021
Initial public offering, Cowen, Underwriting, Limited liability company, Articles, Stock market, Corporate finance, Finance

The Company is sponsored by EcoR1 Panacea Holdings II, LLC, an affiliate of EcoR1 Capital, LLC.

Key Points: 
  • The Company is sponsored by EcoR1 Panacea Holdings II, LLC, an affiliate of EcoR1 Capital, LLC.
  • Cowen is serving as the sole book-running manager for the offering.
  • The Company has granted the underwriters a 45-day option to purchase up to an additional 2,250,000 Class A ordinary shares at the initial public offering price to cover over-allotments, if any.
  • This press release contains statements that constitute forward-looking statements, including with respect to the proposed initial public offering and the anticipated use of the net proceeds.