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IPO Profile

FS Development Corp. (FSDC)

Offer Price
$10.00
Offer Size
10,500,000
3-Year Outlook
Positive
Volatility
High
First Day Turnover
2.55%

Description

We are a newly organized blank check company incorporated in June 2020 as a Delaware corporation for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. To date our efforts have been limited to organizational activities as well as activities related to this offering.

We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue an initial business combination target in any business industry or geographic region, we intend to capitalize on our management team’s background and experience to identify promising opportunities in the biotechnology sector.
 

Investors Pre-IPO Holdings (%)
Google Ventures 30
Intel Ventures 20
Patricoff Ventures 5
Kleiner Perkins 18

Deal Highlights

Deal Tracker

Filing Date   11 Aug, 2020
Price Date   12 Aug, 2020
Offer Price $10.00
Offer Size 10M
Look Up Expiry Date   12 Feb, 2021
Earnings Release Date   Nov 1, 2018