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Perceptive Capital Solutions Corp and Freenome Announce Effectiveness of Registration Statement for Proposed Business Combination

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– Extraordinary General Meeting of Perceptive Shareholders Scheduled for July 9, 2026

NEW YORK and BRISBANE, Calif., June 18, 2026 /PRNewswire/ — Perceptive Capital Solutions Corp (“PCSC”) (Nasdaq: PCSC), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Perceptive Advisors, and Freenome Holdings, Inc. (“Freenome”), an early cancer detection company developing blood-based screening tests, today announced that the registration statement on Form S-4 (File No. 333-2953772) (as amended, the “Registration Statement”), filed by PCSC and Freenome, relating to the previously announced business combination among PCSC, Freenome and the other parties thereto (the “Business Combination”), was declared effective by the U.S. Securities and Exchange Commission (“SEC”) on June 17, 2026.

The extraordinary general meeting of PCSC shareholders in connection with the Business Combination (the “Extraordinary General Meeting”) will be held on July 9, 2026. The definitive proxy statement/prospectus relating to the Extraordinary General Meeting will be mailed to PCSC’s shareholders of record as of the close of business on the record date of June 12, 2026.

The parties anticipate that the Business Combination will close in July 2026, subject to satisfaction of the conditions to the closing of the Business Combination.

About Freenome

Freenome is an early cancer detection company developing blood-based tests to detect cancer when it is most treatable. The company recognizes that no single technology can identify every cancer due to the disease’s inherent heterogeneity. Freenome’s approach combines a multiomics platform that analyzes multiple signals in the blood with artificial intelligence and machine learning to tune into cancer’s subtlest clues, even at the earliest stages of the disease.

About Perceptive Capital Solutions Corp

Perceptive Capital Solutions Corp (Nasdaq: PCSC) is a special purpose acquisition company formed for the purpose of entering into a combination with one or more businesses or entities. PCSC’s sponsor is an affiliate of Perceptive Advisors, a leading life sciences focused investment firm. PCSC is led by Chairman Joseph Edelman, CEO Adam Stone, Chief Business Officer Michael Altman and Chief Financial Officer Sam Cohn.

Additional Information about the Proposed Business Combination and Where to Find It

As previously disclosed, PCSC, Freenome, StarNet Merger Sub I, Corp., a Delaware corporation and a wholly-owned subsidiary of PCSC, and StarNet Merger Sub II, LLC, a Delaware limited liability company and a wholly-owned subsidiary of PCSC, entered into a definitive business combination agreement, dated as of December 5, 2025 (as it may be further amended, restated, supplemented or otherwise modified from time to time, the “Business Combination Agreement”), pursuant to which, subject to the satisfaction or waiver of the conditions therein, the parties thereto will consummate the Business Combination. Upon closing of the transaction, PCSC will be renamed “Freenome, Inc.” (“New Freenome”). The Business Combination will be submitted to shareholders of PCSC for their consideration. PCSC and Freenome jointly filed a registration statement on Form S-4 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (the “SEC”), which was declared effective by the SEC on June 17, 2026, and includes a proxy statement/prospectus that is both the proxy statement of PCSC and a prospectus of New Freenome relating to the shares to be issued in connection with the Business Combination (the “Proxy Statement/Prospectus”). The definitive Proxy Statement/Prospectus will be mailed to PCSC’s shareholders of record as of June 12, 2026, the record date established for voting on the Business Combination. PCSC, Freenome and/or New Freenome may also file other relevant documents regarding the Business Combination with the SEC.

Before making any voting or investment decision, PCSC shareholders, Freenome stockholders, and other interested persons are urged to read the definitive Proxy Statement/Prospectus and other documents previously filed with the SEC in connection with the Business Combination, because these documents contain important information about PCSC, Freenome, New Freenome and the Business Combination. Shareholders can obtain free copies of the Registration Statement, the definitive Proxy Statement/Prospectus and other documents filed by PCSC with the SEC, without charge, at the SEC’s website located at www.sec.gov, or by directing a written request to Perceptive Capital Solutions Corp, 51 Astor Place, 10th Floor, New York, New York 10003.

Forward Looking Statements

This press release includes forward-looking statements. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity; expectations and timing related to the success, cost and timing of product development activities, including timing of initiation, completion and data readouts for clinical trials and the potential approval of Freenome’s tests and products, the size and growth potential of the markets for Freenome’s tests and products; financing and other business milestones; potential benefits of the proposed business combination and other related transactions; and expectations relating to the proposed business combination and other related transactions. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of Freenome’s and PCSC’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by an investor as a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions. Many actual events and circumstances are beyond the control of Freenome and PCSC. These forward-looking statements are subject to a number of risks and uncertainties, including but not limited to changes in domestic and foreign business, market, financial, political, and legal conditions; the inability of the parties to successfully or timely consummate the proposed business combination and other related transactions, including the risk that any regulatory approvals are not obtained, are delayed or are subject to unanticipated conditions (such as any SEC statements or enforcements or other actions relating to SPACs) that could adversely affect the combined company or the expected benefits of the proposed business combination and other related transactions; failure to realize the anticipated benefits of the proposed business combination and other related transactions; risks related to the approval of Freenome’s products and tests and the timing of expected regulatory and business milestones; ability to negotiate definitive contractual arrangements with potential customers; the impact of competitive products and tests; ability to obtain sufficient supply of materials; ability to obtain additional financing; ability to attract and retain qualified personnel; global economic and political conditions; the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement; legal and regulatory changes; the outcome of any legal proceedings that may be instituted against PCSC or Freenome related to the proposed business combination; the effects of competition on Freenome’s future business; the amount of redemption requests made by PCSC’s public shareholders. Additional risks related to Freenome’s business include, but are not limited to: uncertainty regarding outcomes of Freenome’s product development activities, including timing of initiation, completion and data readouts for clinical trials and the potential approval of Freenome’s tests and products; risks associated with Freenome’s efforts to commercialize its product candidates; Freenome’s ability to maintain its existing agreements with third parties and to negotiate and enter into new definitive agreements on favorable terms, if at all; the impact of competing product candidates on Freenome’s business; intellectual property-related claims; Freenome’s ability to attract and retain qualified personnel; and Freenome’s ability to source the raw materials for its product candidates. Additional risks related to PCSC and Freenome include those factors discussed in the Registration Statement and definitive Proxy Statement/Prospectus and also set forth in the section entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in PCSC’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, PCSC’s Annual Report on Form 10-K for the year ended December 31, 2025, and in those documents that PCSC has filed, or will file, with the SEC.

If any of these risks materialize or PCSC’s or Freenome’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that neither PCSC nor Freenome presently know or that PCSC and Freenome currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect PCSC’s and Freenome’s expectations, plans, or forecasts of future events and views as of the date of this press release and are qualified in their entirety by reference to the cautionary statements herein. PCSC and Freenome anticipate that subsequent events and developments will cause PCSC’s and Freenome’s assessments to change. These forward-looking statements should not be relied upon as representing PCSC’s and Freenome’s assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Neither PCSC, Freenome nor any of their respective affiliates undertake any obligation to update these forward-looking statements, except as required by law.

Participants in the Solicitation

PCSC, Freenome, and their respective directors and executive officers may be deemed to be participants in the solicitations of proxies from PCSC’s shareholders with respect to the Business Combination and the other matters set forth in the Registration Statement. Information regarding PCSC’s directors and executive officers, and a description of their interests in PCSC is contained in the definitive Proxy
Statement/Prospectus which was filed with the SEC and may be obtained free of charge at the SEC’s website located at www.sec.gov, or by directing a request to Perceptive Capital Solutions Corp, 51 Astor Place, 10th Floor, New York, New York 10003. Additional information regarding the interests of such participants in the proxy solicitation and a description of their direct and indirect interests, is contained in the definitive Proxy Statement/Prospectus. Shareholders, potential investors and other interested persons should read the definitive Proxy Statement/Prospectus carefully before making any voting or investment decisions. You may obtain free copies of these documents from the sources described above.

No Offer or Solicitation

This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, or a recommendation to purchase, any securities, in any jurisdiction, or the solicitation of any vote, consent or approval in any jurisdiction in connection with the proposed business combination or any related transactions, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful. This press release is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of the securities described herein in the United States or any other jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or exemptions therefrom. INVESTMENT IN ANY SECURITIES DESCRIBED HEREIN HAS NOT BEEN APPROVED BY THE SEC OR ANY OTHER REGULATORY AUTHORITY NOR HAS ANY AUTHORITY PASSED UPON OR ENDORSED THE MERITS OF THE OFFERING OR THE ACCURACY OR ADEQUACY OF THE INFORMATION CONTAINED HEREIN. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

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SOURCE Freenome Holdings, Inc.

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Dreame Expands Beyond Smart Cleaning with Full Smart Living Portfolio at IFA 2026

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SINGAPORE, Sept. 11, 2026 /PRNewswire/ — Dreame Technology is showcasing more than 100 products across 16 categories, demonstrating how Physical AI can move beyond the digital interface and become part of the physical world—helping products better perceive, understand, and respond to everyday life.

At the foundation of this ecosystem is Dreame’s Physical AI architecture, which integrates three core technology pillars: the Omni-Perception System, the Home Intelligence Model, and the Intelligent Actuation & Control System. Together, these enable products to perceive surroundings, interpret scenarios, make decisions, and translate them into physical actions—applying shared capabilities across diverse products and real-world use cases.

Smart Cleaning Flagships

Headlining the robot vacuum lineup is the X60 Ultra Extreme. Its Dual-Joint UltraExtend Arms allow the side brush to extend 12cm and the mop to reach 18cm into corners and under furniture. The ultra-slim 8.9cm design, liftable LDS module, and 42,000 Pa Vormax Suction ensure powerful cleaning in low-clearance spaces. AI-Enhanced OmniSight and 10cm ProLeap provide smooth navigation, while the PowerDock offers 100°C mop self-cleaning and up to 100 days of hands-free emptying.

Also unveiled is the Aqua20 Ultra Roller, Dreame’s first steam robot vacuum, using 180°C steam and 100°C hot water to melt grease and kill 99.99% of bacteria, with an 8cm extendable roller mop reaching deeper into recessed spaces.

For floor care, the H16 Pro TriForce combines 30,000 Pa suction, 200°C steam sterilization, 90°C hot water degreasing, and foam cleaning in one slim device, with a 9.85cm low profile and 180° lie-flat reach.

Personal Care Innovations

The Pocket Aura uses smart heat control and real-time distance sensors to reduce heat damage, low-heat drying and a foldable, travel-ready design. The Pocket Uni offers SmartVolt™ global voltage, 350 million negative ions, and a self-absorbing curling wand that styles with airflow. The AirStyle Pro HI is an 8-in-1 styling kit with a 130,000 RPM motor and Dreamehome app guidance, featuring A-Curl™ and a U-shaped straightening nozzle.

Air Purification Solutions

The FP10 Furcatch Air Purifier for pet owners captures 99.5% of pet hair and eliminates odors via six-stage purification with H14 HEPA and CataFresh™.

The TP20 delivers 500m³/h PCADR, refreshing a 20㎡ room in under 6 minutes, with a 3-in-1 filter lasting up to 5 years and 22dB quiet operation. The compact TP10 offers 280m³/h CADR for spaces up to 117㎡, consuming just 0.48kWh per 24 hours. The NP10 uses high-voltage electrostatic purification with a washable filter, delivering 400m³/h CADR at 28W.

Debuting is the RF10 Purifier Cool, a 2-in-1 purifier and fan with 120° wide-area airflow, millimeter-wave radar for person-tracking, and an 8-layer purification system with negative ions, consuming less than 1kWh per 24 hours.

From Intelligent Products to a Connected Smart Living Ecosystem

Dreame’s IFA 2026 presence reflects a shift toward an integrated ecosystem, applying common perception, decision-making, and execution capabilities across categories. With products in 190+ countries and 42 million households, Dreame continues to extend its Physical AI expertise into everyday life.

About Dreame Technology

Established in 2017, Dreame Technology is a trailblazer in smart home appliances that enhance lives through cutting-edge technology. The official distributor for Dreame Technology in Singapore is DM Dasher Pte Ltd. Stay updated by following us on Facebook, Instagram, and TikTok, or visit https://dreame.sg/.

 

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SOURCE Dreame Technology

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SLACAL Launches Executive Forum Video Series Featuring Lloyd’s Americas President Marc Lipman

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SLACAL CEO Benjamin McKay and Lloyd’s Americas President Marc Lipman discuss wildfire, AI, new sources of capital and the future of insurance coverage in California.

SAN RAMON, Calif., Sept. 10, 2026 /PRNewswire/ — The Surplus Line Association of California (SLACAL) today released the inaugural episode of its Executive Forum video series, featuring a wide-ranging, on-the-record conversation between SLACAL CEO & Executive Director Benjamin J. McKay and Lloyd’s Americas President Marc Lipman. Moderated by SLACAL Chief Industry & Regulatory Officer David Kodama Jr., the discussion pulls back the curtain on how wildfire risk, artificial intelligence and a new wave of global capital are reshaping where, and how, California residents and businesses find coverage.

California is the world’s fifth-largest economy on its own, and its surplus lines sector now accounts for roughly $24 billion in annual premium. Lloyd’s is proud to be a critical partner; it held an 18% share in the California E&S market in 2025. McKay and Lipman explain why that growth happened, why they say the industry’s biggest reputational myth is flat-out wrong and what’s coming next as AI, data centers and other emerging risks outpace what traditional insurance was built to handle.

In the conversation, viewers will hear:

Why McKay says California’s insurance troubles are “a wildfire crisis, not an insurance crisis,” and how Proposition 103 has shaped the market ever since.Why McKay says surplus lines insurance is safer than most people assume.Why Lipman says the old idea of surplus lines as insurance’s “dumping ground” no longer holds up, and what he calls it instead.How private equity, hedge funds and sovereign wealth are quietly funding California’s next generation of risk transfer.How parametric insurance products emerging from the Lloyd’s Lab—which accelerates the development and adoption of new insurance products and operational solutions for the Lloyd’s market—can help California homeowners after a wildfire or earthquake.

▶ Watch the full conversation now on SLACAL’s YouTube Channel 

The Executive Forum conversation is the first in a planned series exploring the issues shaping California’s insurance market. New episodes, along with additional educational content, will be added to SLACAL’s Learning Center throughout the year.

About the Surplus Line Association of California
As the advisory organization appointed by the California Department of Insurance, the Surplus Line Association of California oversees the state’s nearly $25 billion surplus lines marketplace, serving as a market stabilizer, information authority and early-warning system for regulators and market participants. SLACAL supports regulatory oversight, helps brokers comply with California laws and regulations, processes surplus lines insurance policies and monitors the financial condition of companies on California’s List of Approved Surplus Line Insurers.

About Lloyd’s
Lloyd’s is the only insurance marketplace of its kind in the world. It brings together more than a hundred syndicates and thousands of investors, enabling the market to shoulder more insurance risk for every unit of capital than any other financial institution in the world. The role of the Corporation is to advance and protect the market—by maintaining underwriting discipline and our financial strength; and by attracting expertise, innovation and scale. Our unique global licenses and excellent financial strength ratings provide the infrastructure, oversight and confidence required to understand, price and manage complex and interconnected risks. Risk transfer—properly executed—underpins economic growth, resilience and innovation around the world. This is the role Lloyd’s has played for 337 years, and it remains central to our purpose today.

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SOURCE The Surplus Line Association of California

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Cross-border Counselor LLP: Chinese E-Commerce Sellers File Class Action Seeking to Void Thousands of “Schedule A” Default Judgments Entered After Email Service the Seventh Circuit Has Held Invalid

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Bilateral class action under Rule 60(d)(1) seeks relief from void judgments, an accounting, and restitution of money collected from mainland-China defendants in the Northern District of Illinois

CHICAGO, Sept. 9, 2026 /PRNewswire/ — A Ningbo-based cross-border e-commerce seller has filed a class action in the U.S. District Court for the Northern District of Illinois seeking to void default judgments entered against mainland-China defendants in thousands of “Schedule A” cases, and to require the plaintiffs who obtained those judgments to account for and return the money collected under them.

The complaint, filed by Ningbo Jiaruisi E-Commerce Co., Ltd., which formerly operated on Amazon under the storefront name GENISBULB, asks the court to declare the thousands of default judgments void for lack of personal jurisdiction, to halt their continued enforcement, and to order restitution of funds seized from seller accounts.

The Seventh Circuit’s decision in Kangol

The suit follows a May 29, 2026 ruling by the U.S. Court of Appeals for the Seventh Circuit, the federal appellate court with jurisdiction over the Northern District of Illinois. In Kangol LLC v. Hangzhou Chuanyue Silk Import & Export Co., 177 F.4th 793 (7th Cir. 2026), the court held that where the Hague Service Convention applies, it supplies the exclusive means of serving process abroad — and that because no provision of the Convention authorizes service by email in China, email service on a mainland-China defendant is not authorized by Federal Rules of Civil Procedure 4(f)(3).

For years before Kangol, judges in the Northern District of Illinois routinely granted Schedule A plaintiffs leave to serve Chinese sellers by email or by posting documents to a website. Sellers who never learned of the case did not appear, and default judgments followed.

The scale of the practice

The Northern District of Illinois is the country’s busiest Schedule A forum. According to the complaint, more than 8,900 Schedule A cases were filed there between 2012 and May 2026, by more than 1,900 different named plaintiffs, with each case typically naming dozens or hundreds of online sellers under a collective caption. The complaint alleges that thousands of those cases ended in default judgments against mainland-China sellers served by email or electronic publication rather than through the Convention, that tens of thousands of sellers were affected, and that tens of millions of dollars were collected from them.

“Kangol corrected an error that was repeated thousands of times in the Northern District,” said Wesley E. Johnson of Cross-Border Counselor LLP, lead counsel in this action and in Kangol. “This case seeks to remedy those errors. Spread across tens of thousands of sellers, it adds up to an enormous uncompensated transfers of value out of the Chinese cross-border e-commerce sector.”

The named plaintiff

In December 2022, WHAM-O, owner of the FRISBEE trademarks, filed a Schedule A action in the Northern District of Illinois, WHAM-O Holding, Ltd. v. The Partnerships and Unincorporated Associations Identified on Schedule “A,” No. 1:22-cv-06802. On Dec. 13, 2022, the court entered a temporary restraining order that also authorized service by email and electronic publication. GENISBULB was listed as defendant No. 44.

The court later entered a default judgment awarding WHAM-O statutory damages of $200,000 against each defaulting defendant and directing third parties holding the defendants’ funds to restrain those accounts and turn the money over. Amazon released $4,393.41 from GENISBULB’s account to WHAM-O. The balance of the $200,000 judgment, along with a permanent injunction, remains outstanding against the company, and the complaint alleges that marketplaces and payment processors continue to treat the judgment as an adjudicated finding of infringement.

A bilateral class structure

The complaint proposes a plaintiff class of mainland-China Schedule A defendants and, unusually, a defendant class of the Schedule A plaintiffs who obtained non-Hague service authorization and then took default judgments. WHAM-O, which the complaint alleges filed at least 116 Schedule A cases, is named as the proposed representative of the defendant class. A subclass would cover sellers whose funds were actually turned over.

No class has been certified, and the court has not ruled on any of the allegations in the complaint.

Information for affected sellers

Many sellers named in Schedule A cases never received notice that a judgment had been entered against them, and some learned of it only when a marketplace account was frozen or closed. Sellers who believe they may have been affected — or who are simply unsure whether a judgment was entered against them — are welcome to contact the firm with questions. There is no cost or obligation to make an inquiry.

About Cross-Border Counselor LLP

Cross-Border Counselor LLP is a law firm with offices in Illinois, California, Washington and New York that represents United States and Chinese companies in U.S. litigation involving international legal issues, with a particular focus on intellectual property actions and cross-border enforcement.

Media contact
Wesley E. Johnson
Cross-Border Counselor LLP
105 W. Madison Street, Suite 2300, Chicago, Illinois 60602
Phone: +1 (312) 752-4828
Email: wjohnson@cbcounselor.com 

Attorney Advertising

This release is attorney advertising. It describes allegations contained in a complaint filed with the court; those allegations have not been proven, and no court has ruled on them. Nothing here is legal advice on any specific matter, and nothing here creates an attorney-client relationship. Prior results do not guarantee a similar outcome.

Sources: Complaint filed Sept. 3, 2026 (N.D. Ill.); Kangol LLC v. Hangzhou Chuanyue Silk Import & Export Co., 177 F.4th 793 (7th Cir. May 29, 2026); WHAM-O Holding, Ltd. v. The Partnerships and Unincorporated Associations Identified on Schedule “A,” No. 1:22-cv-06802 (N.D. Ill.).

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SOURCE Cross-Border Counselor LLP

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