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SomaLogic merger overcomes investor objections to win shareholder approval

SomaLogic Inc. (Nasdaq: SLGC) said Thursday evening that its $1 billion merger with California-based Standard BioTools Inc. (Nasdaq: LAB) is expected to be finalized Friday after shareholders for the Boulder biotech company voted this week to consummate the combination.ย 
Eli Casdin Jason Cleveland Cm Life Sciences Casdin Capital Standard Biotools Inc Exchange Commission

Madryn Asset Management Addresses SomaLogic's Apparent Failure to Obtain Requisite Shareholder Support for the Proposed Merger with Standard BioTools -January 04, 2024 at 02:24 pm EST

Believes Two Last-Minute Adjournments of Special Meeting Stem From Fellow Shareholders Recognizing the Deal Consideration Assigns No Value to SomaLogicโ€™s Desirable Assets and Represents a Material...
Eli Casdin Avinash Amin Standard Biotools Inc Madryn Health Partners Somalogic Inc Company Nasdaq

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Egan-Jones Recommends SomaLogic Shareholders To Vote Against Merger With Standard BioTools

Madryn Asset Management, LP, a shareholder of around 4.2 percent common stock in pharma firm SomaLogic, Inc. (SLGC) said on Wednesday that Egan-Jones Proxy Services has recommended shareholders to vote against the merger with Standard BioTools Inc.
Eli Casdin Standard Biotools Inc Casdin Capital Somalogic Inc Transaction Committee Madryn Asset Management

Madryn Asset Management Highlights Increasing Public Shareholder Opposition to Value-Destructive SomaLogic Merger and Calls on Company to Make Additional Disclosures

Highlights That Four SomaLogic Shareholders Have Now Openly Stated Their Intention to Vote โ€œAGAINSTโ€ the Proposed Merger with Standard BioTools Urges Fellow Shareholders to Vote โ€œAGAINSTโ€...
Avinash Amin Eli Casdin Roy Smythe Exchange Commission Somalogic Inc Standard Biotools Inc

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