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Madryn Asset Management Addresses SomaLogic s Apparent Failure to Obtain Requisite Shareholder Support for the Proposed Merger with Standard BioTools

Madryn Asset Management Addresses SomaLogic s Apparent Failure to Obtain Requisite Shareholder Support for the Proposed Merger with Standard BioTools
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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 SomaLogic’s Desirable Assets and Represents a Material.

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Madryn Asset Management Addresses SomaLogic s Apparent Failure to Obtain Requisite Shareholder Support for the Proposed Merger with Standard BioTools

Madryn Asset Management Addresses SomaLogic s Apparent Failure to Obtain Requisite Shareholder Support for the Proposed Merger with Standard BioTools
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Proxy Advisory Firm Egan-Jones Recommends SomaLogic Shareholders Vote Against Proposed Merger with Standard BioTools

Madryn Asset Management, LP , a holder of approximately 4.2% of the outstanding common stock of SomaLogic, Inc. , today announced that Egan-Jones Proxy Services , an independent proxy advisory firm,.

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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 “AGAINST” the Proposed Merger with Standard BioTools Urges Fellow Shareholders to Vote “AGAINST”.

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