Frazier Lifesciences Acquisition Corporation
FLAC
NASDAQ Capital Market9.87
USD
+0.28
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Frazier Lifesciences Acquisition Corporation
FLAC
(NASDAQ Capital Market)
Recent
price
9.87
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Similar Companies
- Business
- Frazier Lifesciences Acquisition Corporation (FLAC) operates as a blank check company focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses or entities in the biotechnology sector; it offers no independent products or services beyond its special purpose acquisition structure. Incorporated in 2020 as a Cayman Islands exempted company and headquartered in Seattle, Washington, FLAC targets healthcare and lifesciences opportunities globally, leveraging the expertise of its sponsor, an affiliate of Frazier Healthcare Partners. In November 2022, FLAC completed its initial business combination with NewAmsterdam Pharma Company N.V., a clinical-stage biopharmaceutical firm developing obicetrapib, a next-generation CETP inhibitor for cardiovascular disease; the merger provided approximately $470 million in pro forma cash, resulted in a $326 million enterprise value, and led to the combined entity's Nasdaq listing under tickers NAMS and NAMSW, with FLAC units separating into ordinary shares and warrants.