Social Capital Suvretta Holdings Corp. I Is Soaring After Akili Deal Closes

Dow Jones2022-08-20

Shares of blank-check company Social Capital Suvretta Holdings Corp. I rose 47% to $14.07 after it completed its combination with digital medicine company Akili Interactive. The stock continued to soar nearly 200% after hours.

According to a Nasdaq alert, the deal closed Friday, and the company's new name, Akili Inc., and new symbol, AKLI, will be effective Monday.

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