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Frazier Life Sciences II CFO holds 14,063 shares

The chief financial officer may elect conversion before the initial business combination; automatic conversion is tied to its consummation.

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Form Type
3

Rhea-AI Filing Summary

Frazier Life Sciences Acquisition Corp. II (FLSC) reports that Chief Financial Officer Francis Sherman Adams directly holds 14,063 Class B ordinary shares as of October 13, 2026. The shares convert into Class A ordinary shares one-for-one, subject to adjustment, immediately before, concurrently with or immediately after the initial business combination; Adams may elect conversion at any time before it. The shares have no expiration date.

Insider Adams Francis Sherman
Role Chief Financial Officer
Type Security Shares Price Value
holding Class B ordinary shares F1 -- -- --
Holdings After Transaction: Class B ordinary shares — 14,063 contracts (Direct)
Footnotes (1)
  1. F1. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares immediately prior to, concurrently with or immediately following the consummation of the Issuer's initial business combination, or at any time prior thereto at the option of the Reporting Person, on a one-for-one basis, subject to adjustment, and have no expiration date.
Class B ordinary shares 14,063 shares Direct holdings reported as of October 13, 2026
Class A ordinary shares upon conversion 14,063 shares Underlying shares on a one-for-one conversion basis, subject to adjustment
Conversion ratio One-for-one Class B ordinary shares convert into Class A ordinary shares
Class B Ordinary Shares financial
"The Class B Ordinary Shares will automatically convert"
Class B ordinary shares are a type of ownership stake in a company that typically come with different voting rights or privileges compared to other share classes. For investors, they represent a way to hold part of the company’s value and influence its decisions, often with fewer voting rights than Class A shares. Understanding these shares helps investors assess their level of control and potential returns within a company.
initial business combination financial
"consummation of the Issuer's initial business combination"
An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.
one-for-one basis technical
"on a one-for-one basis, subject to adjustment"

FAQ

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How many FLSC shares did its chief financial officer report holding?

Chief Financial Officer Francis Sherman Adams reported direct ownership of 14,063 Class B ordinary shares as of October 13, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Adams Francis Sherman

(Last)(First)(Middle)
1001 PAGE MILL ROAD
BUILDING 4, SUITE 200B

(Street)
PALO ALTO CALIFORNIA 93404

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
10/13/2026
3. Issuer Name and Ticker or Trading Symbol
Frazier Life Sciences Acquisition Corp. II [ FLSC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Class B ordinary shares (1) (1)Class A ordinary shares14,063(1)D
Explanation of Responses:
1. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares immediately prior to, concurrently with or immediately following the consummation of the Issuer's initial business combination, or at any time prior thereto at the option of the Reporting Person, on a one-for-one basis, subject to adjustment, and have no expiration date.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Alexandra Jackson, Attorney-in-Fact10/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

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