Perceptive Capital Solutions Corp filing amends a Schedule 13G to report holdings by CRCM-related entities and Chun R. Ding. The amendment shows specific share counts and percent ownership in the issuer's Class A Ordinary Shares.
The filing lists 99,600 shares (1.1%) attributed to CRCM Institutional Master Fund (BVI), Ltd., and 116,245 shares (1.3%) attributed to CRCM LP / CRCM LLC and to Chun R. Ding. These percentages are calculated based on 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, per the issuer's Form 10-K. The reporting persons disclaim beneficial ownership where stated.
Positive
None.
Negative
None.
Insights
Amendment restates CRCM group and Ding holdings using the issuer's March 10, 2026 outstanding share base.
The amendment lists precise share counts and percent ownership for each reporting person and ties the percentages to March 10, 2026 outstanding shares of 8,911,250. It clarifies voting and dispositive power as shared where applicable.
Impact is routine: these entries document passive ownership levels and internal attribution across fund, manager, general partner, and individual. Subsequent filings would show any material changes to these positions.
Filing meets disclosure norms by giving counts, voting/dispositive powers, and a beneficial-ownership disclaimer.
The cover rows provide voting and dispositive power numbers (sole/shared) for each reporting person and include a note linking percent calculations to the Form 10-K outstanding share figure. The filing is signed by Chun R. Ding across reporting entities.
For regulatory traceability, the explicit share counts and the as of anchor are the operative facts investors can verify in issuer filings.
Key Figures
Shares outstanding (base):8,911,250 sharesCRCM Institutional Master Fund holdings:99,600 sharesCRCM LP / CRCM LLC / Chun R. Ding holdings:116,245 shares
3 metrics
Shares outstanding (base)8,911,250 sharesas of March 10, 2026 (per issuer Form 10-K)
CRCM Institutional Master Fund holdings99,600 sharesreported share count; <percent>1.1%</percent> of class
CRCM LP / CRCM LLC / Chun R. Ding holdings116,245 sharesreported share count per entity; <percent>1.3%</percent> of class
"Amendment No. 1 ) Perceptive Capital Solutions Corp"
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 99,600.00"
Beneficially Ownedregulatory
"Amount beneficially owned: The information required by Items 4(a) - (c)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the PCSC Schedule 13G/A amendment disclose?
It discloses share counts and ownership percentages for CRCM entities and Chun R. Ding. The filing lists 99,600 shares (1.1%) and 116,245 shares (1.3%), tied to the issuer's outstanding share base.
How was the percent ownership calculated in the PCSC amendment?
Percentages use the issuer's 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, cited from the company's Form 10-K. The filing explicitly references that figure for its calculations.
Who are the reporting persons in the PCSC Schedule 13G/A?
The reporting persons are CRCM Institutional Master Fund (BVI), Ltd., CRCM LP (Investment Manager), CRCM LLC (General Partner), and Chun R. Ding as managing partner, with shared attribution described in the filing.
Does the filing state who holds sole voting or dispositive power?
The filing shows 0 sole voting and 0 sole dispositive power for the listed rows and reports shared voting/dispositive power numbers (e.g., 99,600 or 116,245) for each reporting person.
Do the reporting persons claim beneficial ownership in the PCSC amendment?
The Investment Manager, General Partner, and Mr. Ding state they "disclaim any beneficial ownership" of the shares while describing potential deemed beneficial ownership by virtue of their roles.
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, par value $0.0001 per share
(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
CRCM INSTITUTIONAL MASTER FUND (BVI), LTD.
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
VIRGIN ISLANDS, BRITISH
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
99,600.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
99,600.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
99,600.00
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)
1.1 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 11: Based on 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
CRCM 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
116,245.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
116,245.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
116,245.00
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)
1.3 %
12
Type of Reporting Person (See Instructions)
IA
Comment for Type of Reporting Person: Note to Row 11: Based on 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
CRCM 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
116,245.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
116,245.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
116,245.00
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)
1.3 %
12
Type of Reporting Person (See Instructions)
OO
Comment for Type of Reporting Person: Note to Row 11: Based on 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 2026.
SCHEDULE 13G
CUSIP Number(s):
G70077105
1
Names of Reporting Persons
Chun R. Ding
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
SAINT KITTS AND NEVIS
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
116,245.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
116,245.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
116,245.00
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)
1.3 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: Note to Row 11: Based on 8,911,250 Class A Ordinary Shares outstanding as of March 10, 2026, reported in the Issuer's Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 12, 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, New York, 10003
Item 2.
(a)
Name of person filing:
(i) CRCM Institutional Master Fund (BVI), Ltd., a British Virgin Islands limited company ("CRCM Master Fund");
(ii) CRCM LP, a Delaware limited partnership and the investment manager ("Investment Manager") of CRCM Master Fund and separately managed account clients (the "Managed Accounts");
(iii) CRCM LLC, a Delaware limited liability company and the general partner (the "General Partner") of the Investment Manager, with respect to the shares held by the CRCM Master Fund and the Managed Accounts; and
(iv) Chun R. Ding ("Ding"), a citizen of St. Kits and Nevis and the managing partner of the Investment Manager, the manager of the General Partner, with respect to the shares held by the CRCM Master Fund and the Managed Accounts.
(b)
Address or principal business office or, if none, residence:
The address of the principal business of (i) CRCM Master Fund (c/o CRCM) is 475 Sansome Street, Suite 730, San Francisco, CA 94111; (ii-iv) the Investment Manager, the General Partner, and Mr. Ding (c/o CRCM) is 475 Sansome Street, Suite 730, San Francisco, CA 94111.
(c)
Citizenship:
The citizenship of each Reporting Person is set forth above.
(d)
Title of class of securities:
Class A Ordinary Shares, par value $0.0001 per share
(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:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(b)
Percent of class:
The Class A Ordinary Shares reported hereby for the CRCM Master Fund are owned directly by the fund. The Investment Manager, as investment manager of the CRCM Master Fund and the Managed Accounts, may be deemed to be the beneficial owner of all such shares owned by the CRCM Master Fund and the Managed Accounts. The General Partner, as general partner of the Investment Manager, may be deemed to be the beneficial owner of all of such shares owned by the CRCM Master Fund and the Managed Accounts. Mr. Ding, as managing partner of the Investment Manager, and manager of the General Partner with the power to exercise investment discretion, may be deemed to be the beneficial owner of all such shares owned by the CRCM Master Fund and the Managed Accounts. Each of the Investment Manager, the General Partner and Mr. Ding hereby disclaims any beneficial ownership of any such shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(ii) Shared power to vote or to direct the vote:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(iii) Sole power to dispose or to direct the disposition of:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
(iv) Shared power to dispose or to direct the disposition of:
The information required by Items 4(a) - (c) is set forth in Rows 5 through 11 of the cover page for each Reporting Person is incorporated herein by reference for each such Reporting Person.
Item 5.
Ownership of 5 Percent or Less of a Class.
Ownership of 5 percent or less of a class
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
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 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.
