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Disc Medicine (Gemini Tx, FS Development) Priced, Nasdaq: IRON

Blank check company formed by Foresite Capital targeting a healthcare business (completed 2/5/2021).

Industry: SPAC

First Day Return: +3.0%

Industry: SPAC

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. We were co-founded by Foresite Capital, an investment firm with over $2.6 billion in assets under management as of March 31, 2020 and Jim Tananbaum, our President, Chief Executive Officer and a director. Since its establishment, Foresite Capital has led financings in numerous healthcare companies that have emerged or are emerging as leaders in their respective sectors of the healthcare economy using a systematic process for screening and evaluating potential investments that was designed to quickly identify compelling opportunities and eliminate unattractive opportunities as effectively as possible. Our primary focus will be on the healthcare industry in the United States. We believe the healthcare industry, particularly the biotechnology sector, represents an enormous and growing target market with a large number of potential target acquisition opportunities.
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IPO Data
IPO File Date 07/24/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.5
Deal Size ($mm) $105
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/11/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $105
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters San Francisco, CA, United States
Founded 2020
Employees at IPO 3
Website www.foresitecapital.com

Disc Medicine (Gemini Tx, FS Development) (IRON) Performance