Perceptive Capital Solutions Corp-A 2026年季度报告

FORM 10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the quarterly period ended March 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the transition period from to Commission File Number: 001-42126 Perceptive Capital Solutions Corp(Exact name of registrant as specified in its charter) 98-1783595 Cayman Islands (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation or organization) 51 Astor Place, 10th FloorNew York, NY(Address of principal executive offices) 10003(Zip Code) (212) 284-2300(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: TradingSymbol(s)PCSC Class A Ordinary Shares, par value $0.0001 per share Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large acceleratedfiler☐Non-acceleratedfiler☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 12, 2026, 8,911,250 Class A ordinary shares, par value $0.0001 per share, and 2,156,250 Class B ordinary shares, par value$0.0001 per share, were issued and outstanding. PERCEPTIVE CAPITAL SOLUTIONS CORPFORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 TABLE OF CONTENTS Part I. Financial InformationItem 1. Interim Consolidated Financial StatementsCondensed Consolidated Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 20252Condensed Consolidated Statements of Operations for the Three Months Ended March 31, 2026 and 2025(Unaudited)3Condensed Consolidated Statements of Changes in Shareholders’ Deficit for the Three Months Ended March 31,2026 and 2025 (Unaudited)4Condensed Consolidated Statements of Cash Flows for the Three Months Ended March 31, 2026 and 2025(Unaudited)5Notes to Condensed Consolidated Financial Statements (Unaudited)6Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3. Quantitative and Qualitative Disclosures About Market Risk24Item 4. Controls and Procedures24Part II. Other InformationItem 1. Legal Proceedings24Item 1A. Risk Factors24Item 2. Unregistered Sales of Equity Securities and Use of Proceeds26Item 3. Defaults Upon Senior Securities27Item 4. Mine Safety Disclosures27Item 5. Other Information27Item 6. Exhibits27Signature28 PART I - FINANCIAL INFORMATION Item 1.Interim Consolidated Financial Statements. PERCEPTIVE CAPITAL SOLUTIONS CORPCONDENSED CONSOLIDATED BALANCE SHEETS Class A ordinary shares subject to possible redemption, 8,625,000 shares at redemption value ofapproximately $10.75 and $10.65 per share as of March 31, 2026 and December 31, 2025,respectively92,679,50391,872,418 PERCEPTIVE CAPITAL SOLUTIONS CORPCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED) PERCEPTIVE CAPITAL SOLUTIONS CORPCONDENSED CONSOLIDATED STATEMENTS OF CHANGES INSHAREHOLDERS’ DEFICIT(UNAUDITED) FOR THE THREE MONTHS ENDED MARCH 31, 2026 PERCEPTIVE CAPITAL SOLUTIONS CORPCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(UNAUDITED) For the Three MonthsEndedMarch 31,20262025Cash Flows from Operating Activities:Net (loss) income$(51,749)$678,555Adjustments to reconcile net (loss) income to net cash used in operating activities:Interest earned on investments held in Trust Account(841,181)(961,912)Unrealized loss on investments held in Trust Account34,09627,399Changes in operating assets and liabilities:Prepaid expenses and other current assets(39,939)(36,550)Accrued expenses600,92154,761Net cash used in operating activities(297,852)(237,747)Cash Flows from Investing Activities:Cash withdrawn from Trust Account for working capital purposes—300,000Net cash provided by investing activities—300,000Ne