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5:01 Acquisition Priced, Nasdaq: FVAM

Blank check company formed by 5AM Ventures targeting the biotech industry.

Industry: SPAC

Latest Trade: $9.90 0.00 (0.0%)

First Day Return: 0.0%

Return from IPO: -1.0%

Industry: SPAC

We are a newly organized blank check company incorporated in August 2020 as a Delaware corporation whose primary business purpose is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any potential business combination target. We intend to initially focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business. In particular, we intend to target early stage North American or European companies in the biotechnology sector of the healthcare industry where our management has extensive investment and operational experience. We may also pursue a transaction in which our stockholders immediately prior to the completion of our initial business combination would collectively own a minority interest in the post-business combination company. Our sponsor is an affiliate of 5AM Venture Management, LLC, or 5AM, a leading venture capital firm focused on building next-generation life science companies solving important healthcare needs with cutting-edge breakthroughs in medicine and science.
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IPO News for 5:01 Acquisition
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IPO Data
IPO File Date 09/25/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 8.0
Deal Size ($mm) $80
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/13/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 8.0
Deal Size ($mm) $80
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters San Francisco, CA
Founded 2020
Employees 5
Website www.5amventures.com