Standard BioTools (LAB) announced that Institutional Shareholder Services has recommended that Standard BioTools stockholders vote “FOR” all proposals relating to the pending merger with SomaLogic (SLGC) at the company’s upcoming Special Meeting of Stockholders to be held on January 4, 2024. The company issued the following statement: “Our merger with SomaLogic presents a compelling value proposition for all stockholders through a significantly accelerated path to profitability and bolstered capital structure to fuel future growth. We are pleased with ISS’ recommendation and look forward to completing the merger in the first quarter of 2024.”
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Read More on SLGC:
- ISS Recommends SomaLogic Stockholders Vote “FOR” Proposed Merger with Standard BioTools
- SomaLogic urges stockholders to vote for Standard BioTools merger
- SomaLogic Issues Letter to Stockholders Reiterating Recommendation for Value Maximizing Merger with Standard BioTools
- Madryn issues letter to holders correcting SomaLogic statements in presentation
- Skye Fund III issues letter regarding opposition of SomaLogic’s proposed merger
