Freenome, Inc. (PCSC) former director converts 30,000 shares at business combination closing
Rhea-AI Filing Summary
Freenome, Inc. reported that former director Mark C. McKenna converted 30,000 Class B Ordinary Shares into 30,000 shares of Common Stock on July 20, 2026, in connection with the closing of its Business Combination under the Business Combination Agreement dated December 5, 2025 and amended July 20, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
2 txns
Insider
McKenna Mark C.
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Ordinary Shares F1 | 30,000 | -- | -- |
| Conversion | Common Stock F1 | 30,000 | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 0 shares (Direct);
Common Stock — 30,000 shares (Direct)
Footnotes (1)
- F1. Pursuant to the Business Combination Agreement, dated December 5, 2025 and amended on July 20, 2026 by and among the Issuer, Freenome Holdings, Inc. ("Old Freenome"), StarNet Merger Sub I, Corp., a wholly-owned subsidiary of the Issuer and StarNet Merger Sub II, LLC, a wholly owned subsidiary of the Issuer (the "BCA"), on July 20, 2026 (the "Closing Date"), the Issuer consummated its business combination with Old Freenome (the "Business Combination"). In connection with the closing of Business Combination, the Issuer's Class B Ordinary Shares converted into Class A Ordinary Shares on a one-to-one basis and subsequently converted into shares of Common Stock on a one-to-one basis.
Key Figures
Class B Ordinary Shares converted: 30,000 shares
Common Stock received: 30,000 shares
Class B Ordinary Shares after conversion: 0 shares
+3 more
6 metrics
Class B Ordinary Shares converted
30,000 shares
Converted into Common Stock on July 20, 2026 in Business Combination
Common Stock received
30,000 shares
Received upon conversion of Class B Ordinary Shares on July 20, 2026
Class B Ordinary Shares after conversion
0 shares
Total Class B Ordinary Shares following the July 20, 2026 conversion
Common Stock holdings after conversion
30,000 shares
Direct Common Stock ownership reported following the July 20, 2026 transaction
Business Combination Agreement date
December 5, 2025
Original date of the Business Combination Agreement governing the transaction
Business Combination closing date
July 20, 2026
Closing Date on which the Business Combination was consummated
Key Terms
Business Combination Agreement, Class B Ordinary Shares, Class A Ordinary Shares, Closing Date
4 terms
Business Combination Agreement regulatory
"Pursuant to the Business Combination Agreement, dated December 5, 2025 and amended on July 20, 2026"
A business combination agreement is a detailed contract that lays out the terms for two companies to join together—covering price, how ownership will be split, the steps needed to close the deal, and what each side promises to do or avoid before closing. For investors it matters because the agreement determines potential changes in value, control, timing, and risk exposure—think of it like the playbook for a merger that shows who wins, who pays, and what could still derail the plan.
Closing Date regulatory
"on July 20, 2026 (the "Closing Date"), the Issuer consummated its business combination with Old Freenome"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did the latest Form 4 filing for PCSC / Freenome, Inc. report?
The filing shows former director Mark C. McKenna converted 30,000 Class B Ordinary Shares into 30,000 Common Stock on July 20, 2026. The conversion occurred at the closing of Freenome’s Business Combination under its Business Combination Agreement.
When did the Business Combination referenced in the PCSC Form 4 close?
The Business Combination closed on July 20, 2026, defined as the “Closing Date.” On that date, Freenome consummated its combination with Freenome Holdings, Inc., triggering the automatic one-to-one conversions into Class A Ordinary Shares and then into Common Stock.