Perceptive Capital Solutions Corp reported that One Fin entities and David MacKnight each disclose beneficial ownership of 843,482 shares of Class A Ordinary Shares, representing 9.5% of the class.
The filing states the 9.5% figure was calculated using May 12, 2026 outstanding shares of 8,911,250 Class A Ordinary Shares, per the issuer's Form 10-Q filed on May 13, 2026. The reporting persons assert shared voting and dispositive power over the 843,482 shares and disclaim group beneficial ownership beyond their pecuniary interest.
Positive
None.
Negative
None.
Insights
Beneficial ownership disclosure shows a sub‑10% stake by One Fin and affiliates.
The filing lists 843,482 shares held with shared voting and dispositive power, representing 9.5% of the Class A shares based on May 12, 2026 outstanding shares of 8,911,250. The report includes standard disclaimers that the filers do not form a group and disclaim broader beneficial ownership.
Holdings at this scale can warrant monitoring of future Schedule 13 filings; subsequent filings would show any directional trades or changes in voting arrangements. Cash‑flow treatment and acquisition timing are not stated in the provided excerpt.
Key Figures
Shares reported beneficially owned:843,482 sharesPercent of class:9.5%Shares outstanding (context):8,911,250 shares
3 metrics
Shares reported beneficially owned843,482 sharesAmount reported by One Fin entities and David MacKnight
Percent of class9.5%Calculated using 8,911,250 shares outstanding as of May 12, 2026
Shares outstanding (context)8,911,250 sharesOutstanding Class A Ordinary Shares as of <date>May 12, 2026</date>, per issuer Form 10-Q
"Amendment No. 1 ) Perceptive Capital Solutions Corp Class A Ordinary Shares"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Shared Dispositive Powerregulatory
"Shared Dispositive Power 843,482.00"
Beneficial ownershipfinancial
"Amount beneficially owned: One Fin: 843,482 Partnership: 843,482"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)
Perceptive Capital Solutions Corp
(Name of Issuer)
Class A Ordinary Shares
(Title of Class of Securities)
G70077105
(CUSIP Number)
03/31/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
One Fin Capital Management LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
843,482.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
843,482.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
843,482.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.5 %
12
Type of Reporting Person (See Instructions)
IA, PN
Comment for Type of Reporting Person: Percentage calculated based on 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026, as reported in the Form 10-Q filed by the Issuer on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
One Fin Capital Master Fund LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
CAYMAN ISLANDS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
843,482.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
843,482.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
843,482.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.5 %
12
Type of Reporting Person (See Instructions)
PN
Comment for Type of Reporting Person: Percentage calculated based on 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026, as reported in the Form 10-Q filed by the Issuer on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
One Fin Capital GP LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
843,482.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
843,482.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
843,482.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.5 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Percentage calculated based on 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026, as reported in the Form 10-Q filed by the Issuer on May 13, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
David MacKnight
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
843,482.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
843,482.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
843,482.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
9.5 %
12
Type of Reporting Person (See Instructions)
HC, IN
Comment for Type of Reporting Person: Percentage calculated based on 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026, as reported in the Form 10-Q filed by the Issuer on May 13, 2026.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Perceptive Capital Solutions Corp
(b)
Address of issuer's principal executive offices:
51 Astor Place, 10th Floor, New York, NY 10003
Item 2.
(a)
Name of person filing:
One Fin Capital Management LP, a Delaware limited partnership ("One Fin")
One Fin Capital Master Fund LP, a Cayman Islands limited partnership (the "Partnership")
One Fin Capital GP LLC, a Delaware limited liability company (the "General Partner")
David MacKnight
One Fin and the General Partner are the investment adviser and general partner, respectively, of the Partnership. Mr. MacKnight is the control person of One Fin and the General Partner. The reporting persons are filing this Schedule 13G jointly, but not as members of a group, and each disclaims membership in a group. Each reporting person also disclaims beneficial ownership of Class A Ordinary Shares except to the extent of that person's pecuniary interest therein. In addition, the filing of this Schedule 13G on behalf of the Partnership should not be construed as an admission that it is, and it disclaims that it is, a beneficial owner, as defined in Rule 13d-3 under the Act, of any Class A Ordinary Shares covered by this Schedule 13G.
(b)
Address or principal business office or, if none, residence:
One Letterman Drive, Building C, Suite C3-400, San Francisco, CA 94129
(c)
Citizenship:
See Item 4 of the cover sheet for each reporting person.
(d)
Title of class of securities:
Class A Ordinary Shares
(e)
CUSIP No.:
G70077105
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
One Fin: 843,482
Partnership: 843,482
General Partner: 843,482
David MacKnight: 843,482
(b)
Percent of class:
One Fin: 9.5%
Partnership: 9.5%
General Partner: 9.5%
David MacKnight: 9.5%
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
One Fin: 0
Partnership: 0
General Partner: 0
David MacKnight: 0
(ii) Shared power to vote or to direct the vote:
One Fin: 843,482
Partnership: 843,482
General Partner: 843,482
David MacKnight: 843,482
(iii) Sole power to dispose or to direct the disposition of:
One Fin: 0
Partnership: 0
General Partner: 0
David MacKnight: 0
(iv) Shared power to dispose or to direct the disposition of:
One Fin: 843,482
Partnership: 843,482
General Partner: 843,482
David MacKnight: 843,482
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The Partnership holds Class A Ordinary Shares for the benefit of its investors and has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, Class A Ordinary Shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
One Fin Capital Management LP
Signature:
/s/ MayKao Y. Manisone
Name/Title:
Chief Compliance Officer
Date:
05/14/2026
One Fin Capital Master Fund LP
Signature:
/s/ MayKao Y. Manisone
Name/Title:
Chief Compliance Officer of the General Partner, One Fin Capital GP LLC
Date:
05/14/2026
One Fin Capital GP LLC
Signature:
/s/ MayKao Y. Manisone
Name/Title:
Chief Compliance Officer
Date:
05/14/2026
David MacKnight
Signature:
/s/ David MacKnight
Name/Title:
Reporting person
Date:
05/14/2026
Exhibit Information
Exhibit 99 - Agreement Regarding Joint Filing of Statement on Schedule 13D or 13G
One Fin and related entities report beneficial ownership of 843,482 shares (about 9.5%). The filing states the percentage is calculated using 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026 per the issuer's Form 10-Q.
Does the Schedule 13G/A show voting control changes at PCSC?
No change of control is claimed; the filers state the securities were not acquired to change control. The filing disclaims group membership and says the holdings were not acquired to influence issuer control.
Who specifically has shared voting and dispositive power for PCSC shares?
The filing attributes shared voting and shared dispositive power over 843,482 shares to One Fin, One Fin Capital Master Fund, One Fin Capital GP LLC, and David MacKnight, each reporting the same share count and percent.
What outstanding share count did PCSC use to calculate the percentage?
The percentage uses 8,911,250 Class A Ordinary Shares outstanding as of May 12, 2026, as reported in the issuer's Form 10-Q filed on May 13, 2026. That anchor is stated in the filing comments.
Does the filing indicate how the Partnership holds shares for investors?
Yes. The Partnership states it holds Class A Ordinary Shares for the benefit of its investors and has the right to receive dividends or sale proceeds; no shareholder list is provided for those investors in this excerpt.
