Singular Genomics up after Tang Capital offers to buy it
18/09/2024 22:00
** Shares of Singular Genomics Systems Inc OMIC.O rise
7.2% to $18 in after-hours trading
** Tang Capital Management reports 14.9% stake in OMIC, as
of Sept. 16
** Concentra, an affiliate of Tang Capital, has sent an
acquisition proposal to Singular Genomics, offering $12 per
share in cash
** OMIC has risen 21.6%, YTD
(Reporting by Juby Babu in Mexico City)
((Juby.Babu@thomsonreuters.com;))
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