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Psyence Biomed (Newcourt Acquisition) Priced, Nasdaq: PBM

Blank check company targeting digital financial services and fintech businesses (completed 1/25/2024).

Industry: SPAC

First Day Return: +0.5%

Newcourt Acquisition is a newly formed blank check company. We intend to concentrate our efforts on identifying digital financial services and financial technology (“fintech”) businesses with exposure to emerging markets, though we may pursue a business combination outside of those industries. If we elect to pursue an investment outside of those industries, our management’s expertise may not be directly applicable to its evaluation or operation, and the information contained in this prospectus regarding that industry might not be relevant to an understanding of the business that we decide to acquire. Our team has global industry knowledge gained from 68 combined years of operating and investing in emerging markets. We believe that our management team, board of directors and strategic advisors’ deep network of contacts and extensive deal execution experience are central to our differentiated acquisition strategy. We will seek to capitalize on the significant investment, technology, financial services, financial technology and banking experience and contacts of our management team, board of directors and advisors to identify, evaluate and acquire a digital financial services or fintech business with exposure to emerging markets.
IPO Data
IPO Date 10/19/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $220
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Oakland, CA, United States
Founded 2021
Employees at IPO 3

Psyence Biomed (Newcourt Acquisition) (PBM) Performance

Created with Highcharts 10.3.2Chart context menuPBM vs. IPO Index (IPOUSA)Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25Apr '250%-75%-50%-25%+ 25%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index