PSYENCE BIOMEDICAL LTD. (PBM)
Company
PSYENCE BIOMEDICAL LTD. (PBM)
SPAC: Newcourt Acquisition Corp (NCAC)
Jan 26, 2024
Biotechnology
Merger / DESPAC
SPAC/IPOIPOOct 2021SPAC/IPOIPOOct 2021- LOILOILOILOI
- AgreementDealJan 2023AgreementDealJan 2023
- Merger voteVoteNov 2023Merger voteVoteNov 2023
- MergerMergerJan 2024MergerMergerJan 2024
Merger · Jan 2024
SPAC/IPO details
A unit bundles the listed securities. Its components may become separately tradable after a period specified in the prospectus, even before a business combination. Units still outstanding at the business combination are generally separated into their components. Check the relevant SEC filings for the timing and procedure.
Only whole warrants can be exercised; fractional warrants per unit require multiple units to make a whole warrant. Warrants commonly allow holders to buy shares after a business combination at a set exercise price, often USD 11.50. They often last up to five years but may be redeemed earlier. Exercise date, price and term can differ; consult the relevant SEC filings.
Psyence Biomedical Ltd. (Nasdaq: PBM) is one of the few multi-asset, vertically integrated biopharmaceutical companies specializing in psychedelic-based therapeutics. It is the first life sciences biotechnology company focused on developing nature-derived (non-synthetic) psilocybin-based psychedelic medicine to be listed on Nasdaq. Psyence is dedicated to addressing unmet mental health needs, particularly in palliative care. The name ‘Psyence’ merges ‘psychedelics’ and ‘science,’ reflecting the company’s commitment to an evidence-based approach in developing safe, effective, and FDA-approved nature-derived psychedelic treatments for a broad range of mental health disorders.
Learn more at www.psyencebiomed.com and on LinkedIn.
Chart/Sentiment
Financials
Newcourt Acquisition Corp (NCAC)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
2023-09-3010-Q | 12.5 m USD |
2022-12-3110-Q | 257.7 m USD |
2021-12-3110-K/A | 255.0 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.