Perceptive Capital Solutions Corp

Freenome, Inc. (formerly Perceptive Capital Solutions Corp.) filed an amendment to its 8-K report to include unaudited condensed consolidated financial statements for Freenome Holdings, Inc. and unaudited pro forma condensed combined financial information following the business combination consummated on July 20, 2026. The financial statements for Freenome Holdings, Inc. show a net loss of $69.0 million for the second quarter of 2026 and total revenue of $2.3 million for the same period. The company reported an accumulated deficit of $1.5 billion as of June 30, 2026, but stated that the $295.5 million net proceeds from the business combination are expected to fund operations for at least the next 12 months.

Freenome, Inc. announced that its SimpleScreen™ CRC blood-based screening test for colorectal cancer received FDA approval. Abbott will exclusively commercialize the test in the U.S., and Freenome will receive a $100 million milestone payment from Abbott for this approval. The test is designed for adults aged 45 and older at average risk for colorectal cancer, offering a new, convenient screening option that meets Medicare coverage criteria and is expected to be included in American Cancer Society guidelines.

Freenome Holdings, Inc. successfully completed its business combination with Perceptive Capital Solutions Corp. (PCSC) on July 20, 2026. The combined entity, now named Freenome, Inc., will commence trading on the Nasdaq Capital Market under the ticker "FRNM" on July 21, 2026. The transaction secured over $300 million in gross proceeds, including a $240 million PIPE investment led by Perceptive Advisors and RA Capital, and approximately $70 million from PCSC's trust account. Freenome will use this capital to advance its blood-based early cancer detection portfolio, enhance its AI/ML-enabled multiomics platform, and expand its commercial infrastructure.

Perceptive Capital Solutions Corp. filed its Q2 2026 10-Q, reporting a net loss and significant corporate actions. Shareholders approved an extension of the business combination deadline to June 13, 2027, providing more time to complete the proposed merger with Freenome Holdings, Inc. However, this extension was accompanied by the redemption of 754,008 Class A Ordinary Shares, totaling $8.16 million, reducing the trust account balance to approximately $85.17 million. The company also noted substantial doubt about its ability to continue as a going concern due to its liquidity condition and mandatory liquidation date.

Perceptive Capital Solutions Corp (PCSC) has postponed its Extraordinary General Meeting (EGM) from July 9, 2026, to July 15, 2026. The postponement is to allow additional time for PCSC and Freenome Holdings, Inc. to supplement disclosures in the proxy statement/prospectus and to solicit further proxies for the proposed business combination. Concurrently, the deadline for redemption demands from PCSC's Class A ordinary shareholders has been extended to July 13, 2026.

Perceptive Capital Solutions Corp (PCSC) and Freenome Holdings, Inc. announced that their Registration Statement on Form S-4 for their proposed business combination was declared effective by the SEC on June 17, 2026. An Extraordinary General Meeting for PCSC shareholders is scheduled for July 9, 2026, with the definitive proxy statement/prospectus to be mailed to shareholders of record as of June 12, 2026. The parties anticipate the business combination to close in July 2026, subject to the satisfaction of closing conditions.

Perceptive Capital Solutions Corp (PCSC) shareholders approved an amendment to extend the deadline for consummating an initial business combination from June 13, 2026, to June 13, 2027. The Extension Amendment Proposal was approved with 8,515,798 votes for. In connection with the vote, holders of 754,008 Class A Ordinary Shares exercised redemption rights for approximately $8.16 million, leaving approximately $85.17 million in the trust account. PCSC is pursuing a business combination with Freenome Holdings, Inc.

Perceptive Capital Solutions Corp (PCSC) will hold an extraordinary general meeting on June 10, 2026, for shareholders to vote on extending the deadline to complete a business combination. The proposed extension would move the termination date from June 13, 2026, to June 13, 2027, allowing more time to finalize the previously announced business combination with Freenome Holdings, Inc., or another initial business combination. If the extension is not approved and a business combination is not completed, PCSC will liquidate, redeeming public shares at approximately $10.78 per share as of May 1, 2026.

Perceptive Capital Solutions Corp reported a net loss of $51,749 for the three months ended March 31, 2026, a significant decline from a net income of $678,555 in the prior year period, driven by increased general and administrative expenses. The company disclosed substantial doubt about its ability to continue as a going concern due to insufficient working capital until its mandatory liquidation date of June 13, 2026. To address this, a preliminary proxy statement was filed to seek shareholder approval to extend the business combination deadline to June 13, 2027, to facilitate the proposed business combination with Freenome Holdings, Inc.