FS Development Corporation

closed
IRONSEC EDGARCIK: 0001816736|FS Development Holdings, LLC•biopharmaceutical

Capital Structure & Economics

Trust Size$100,000,000
Unit Price$10.00
Warrant Coverage-
Sponsor Promote20%

Implied Equity Architecture

Capital Allocation Baseline

Trust (100.0%)

Implied Dilution Drag

No Warrants / No Drag
Public Trust Allocation$100,000,000
Sponsor At-Risk CapitalN/A
Total Underwriting DiscountN/A
Trust Per Unit (Implied)$10.00
Sponsor Promote Allocation20%
Deal Lifecycle
IPO PricedJul 24, 2020
SearchingTarget Pending
Maturation Wall
N/A

Announced Target / M&A

  • Target CompanyDisc Medicine, Inc.
  • Sectorbiopharmaceutical

Board & Officers

  • John Quisel, J.D., Ph.D.CEO
  • Foresite Capital Fund V, L.P.Officer

Advanced Structuring Terms

Target Sectorsbiopharmaceutical

Syndicate & Advisors

Interactive Deal Modeling

Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.

Dilution Cash Friction