BOSTON--(BUSINESS WIRE)--Therapeutics Acquisition Corp. announced today that it priced its initial public offering of 11,800,000 shares of Class A common stock at $10.00 per share. The shares will be listed on the Nasdaq Capital Market and trade under the ticker symbol “TXAC” beginning July 8, 2020. The Company expects the offering to be consummated on July 10, 2020.

The Company, sponsored by RA Capital Management, L.P., is led by Chairman and CEO Peter Kolchinsky PhD and CFO Matthew Hammond PhD. The Company is a blank check company formed for the purpose of effecting a business combination with one or more businesses in the healthcare industry.

Jefferies LLC is serving as the sole book runner for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 1,770,000 shares of Class A common stock at the initial public offering price to cover over-allotments, if any.

Registration statements relating to these securities became effective on July 7, 2020. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.