Social Capital Suvretta Holdings Corp. I

Social Capital Suvretta Holdings Corp. I is a blank-check company (SPAC) that raised $220M in its initial public offering on Jul 1, 2021. It completed its business combination with Akili Interactive Labs, Inc. on Aug 19, 2022; the combined company is Akili, Inc. (AKLI). Morgan Stanley led the IPO. Wachtell Lipton advised the SPAC and Ropes & Gray advised the underwriters on the IPO.

Akili Interactive Labs develops product candidates. In the periods shown, most of its revenue came from a collaboration and license arrangement with Shionogi covering development and commercialization of those candidates.

Status

Merger completed

IPO date

Jul 1, 2021

IPO size

$220M

Target

Akili Interactive Labs, Inc.

Announced

Jan 27, 2022

Closed

Aug 19, 2022

Combined company

Akili, Inc. (AKLI)

IPO underwriters

Morgan Stanley

SPAC counsel (IPO)

Wachtell Lipton and Maples and Calder

Underwriters' counsel (IPO)

Ropes & Gray