Medicus Sciences Acquisition Corp. announced today the pricing of its initial public offering of 8,000,000 units, at a price to the public of $10.00 per unit, for aggregate gross proceeds of $80,000,000. Each unit consists of (i) one Class A ordinary share, (ii) one-ninth of one redeemable warrant, and (iii) a contingent right to receive, in certain circumstances, at least two-ninths of one redeemable warrant following the initial business combination. The units are expected to begin trading on the Nasdaq Capital Market on February 16, 2021 under the symbol "MSAC.U". The offering is expected to close on February 18, 2021, subject to customary closing conditions.

MSAC is a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. While MSAC may acquire a company in any industry, it expects that its focus will be on the healthcare industry, particularly the medical technology sector, both in the United States and internationally.

MSAC's sponsor, Medicus Sciences Holdings LLC, is an affiliate of Altium Capital Management, LP ("Altium") and Sio Capital Management, LLC ("Sio"), two healthcare-focused investment funds with combined gross investment assets of over $1.0 billion.