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

Published Apr 07 2021 at 2:19 AM GMT
  • SAN FRANCISCO, CA, April 06, 2021 (GLOBE NEWSWIRE) -- Panacea Acquisition Corp.
  • II (the "Company"), a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 15,000,000 Class A ordinary shares at a price of $10.00 per share.
  • The Company is sponsored by EcoR1 Panacea Holdings II, LLC, an affiliate of EcoR1 Capital, LLC.
  • While the Company may pursue an initial business combination target in any industry or geographic location, it intends to focus its search for a target business operating in the biotechnology sector that is domiciled in North America or Europe.
  • The Class A ordinary shares are expected to be listed on The Nasdaq Capital Market and trade under the ticker symbol.


  • Published Apr 7, 2021 2:19 AM GMT