News Image

Singular Genomics Receives Non-Binding Acquisition Proposal from Deerfield

SAN DIEGO, Sept. 12, 2024 (GLOBE NEWSWIRE) -- Singular Genomics Systems, Inc. (Nasdaq: OMIC), a company leveraging novel next-generation sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, announced today that it has received a non-binding proposal from Deerfield Management Company, L.P. and certain affiliated funds (collectively, “Deerfield”), to acquire all of the Company’s outstanding shares of common stock that are not already owned by Deerfield for $10.00 per share in cash. Deerfield, an existing stockholder of the Company, indicated in its letter that it intends to invite other major stockholders and existing management to rollover their shares of common stock into the new company.

Read more at globenewswire.com

SINGULAR GENOMICS SYSTEMS IN

NASDAQ:OMIC (2/12/2025, 12:24:23 PM)

19.9

-0.03 (-0.15%)

OMIC Latest News and Analysis

Follow ChartMill for more