Social Capital Suvretta Holdings Corp. I

General Information

*(Note: This SPAC IPO is an offering of Class A ordinary shares – and NOT units. The typical SPAC IPO is a unit offering with the units usually consisting of a share of common stock and a warrant to buy a share or a fraction of a share. In the prospectus, Social Capital Suvretta Holdings Corp. I said that up to 5 percent of the Class A ordinary shares in this offering will be offered to retail investors through SoFi Securities, LLC, as an underwriter, via its online brokerage platform (the “SoFi platform”).)

Social Capital Suvretta Holdings Corp. I is the first of four new biotech-focused blank-check companies, or special purpose acquisition companies (SPACs), created in 2021 by a partnership of Chamath Palihapitiya, the founder and current managing partner of Social Capital, and Kishan (a/k/a Kishen) Mehta, the portfolio manager of the Averill strategy at Suvretta. Mr. Palihapitiya is the chairman of the board of directors and the CEO of all four of the Social Capital Suvretta SPACs (I-IV) while Mr. Mehta is the president and a director of each of these four SPACs under the Social Capital Suvretta name. (Incorporated in the Cayman Islands)

We intend to focus our search for a target business operating in the biotechnology industry and within the neurology subsector. 

(Note:  Social Capital Suvretta Holdings Corp. I upsized its SPAC IPO at pricing on June 29, 2021, by pricing 22 million Class A common shares, up from 20 million in the prospectus, at $10 each to raise $220 million.)


Employees: 0
Founded: 2021
Contact Information
Address 2850 W. Horizon Ridge Parkway, Suite 200 Henderson, NV 89052
Phone Number (650) 521-9007
Web Address
View Prospectus: Social Capital Suvretta Holdings Corp. I
Financial Information
Market Cap $276.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol DNAA
Exchange NASDAQ
Shares (millions): 22.0
Price range $10.00 - $10.00
Est. $ Volume $220.0 mil
Manager / Joint Managers Morgan Stanley
CO-Managers SoFi Securities
Expected To Trade: 6/30/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change