Item 8.01. Other Events.
On January 29, 2021, Frazier Lifesciences Acquisition Corporation (the
"Company") announced that the holders of the Company's units (the "Units") may
elect to separately trade the Class A ordinary shares, par value $0.0001 per
share ("Class A ordinary shares"), and redeemable warrants included in the Units
commencing on January 29, 2021. Each Unit consists of one Class A ordinary share
and one-third of one redeemable warrant to purchase one Class A ordinary share.
Any Units not separated will continue to trade on the Nasdaq Capital Market LLC
("Nasdaq") under the symbol "FLACU". Any underlying Class A ordinary shares and
warrants that are separated will trade on Nasdaq under the symbols "FLAC" and
"FLACW," respectively. No fractional warrants will be issued upon separation of
the Units and only whole warrants will trade. Holders of Units will need to have
their brokers contact Continental Stock Transfer & Trust Company, the Company's
transfer agent, in order to separate the holders' Units into Class A ordinary
shares and warrants.
A copy of the press release issued by the Company announcing the separate
trading of the securities underlying the Units is attached hereto as Exhibit
99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release, dated January 29, 2021.
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