FS Development Corp. II announced that it has entered into an agreement for private placement of 400,000 Class A common stock (or 430,000 Class A common stock if the underwriters’ over- allotment option is exercised in full) at a price of $10 for gross proceeds of $4,000,000 (or $4,300,000 if the over- allotment option is exercised in full) on January 26, 2021. The transaction will include participation from returning investor FS Development Holdings II, LLC. The securities issued in the transaction are not transferable or salable until 30 days after the completion of our initial business combination.