Brief: Somalogic Issued Statement In Response To Press Release By Madryn Asset Management

Standard BioTools

27/12/2023 10:44

Dec 27 (Reuters) - Standard BioTools Inc  LAB.O :
    * ISSUED STATEMENT IN RESPONSE TO A PRESS RELEASE ISSUED BY
MADRYN
ASSET MANAGEMENT
    * SINCE ANNOUNCEMENT OF PENDING MERGER WITH STANDARD
BIOTOOLS, NOT
RECEIVED INDICATION OF INTEREST OR PROPOSAL FROM LABCORP,ANY
OTHER PARTY
    * TRANSACTION WITH STANDARD BIOTOOLS IS RESULT OF A
THOROUGH,
INDEPENDENT AND DELIBERATIVE BOARD PROCESS
    * BELIEVES THAT TRANSACTION WITH STANDARD BIOTOOLS IS BEST
PATH
FORWARD FOR CO AND ITS STOCKHOLDERS
    * URGES ALL STOCKHOLDERS TO VOTE "FOR" TRANSACTION WITH
STANDARD
BIOTOOLS
    * SOMALOGIC STOCKHOLDERS ARE ADVISED TO DISCARD ANY GREEN
PROXY
CARDS THEY RECEIVE FROM MADRYN

Source text for Eikon:  ID:nPn4pS9GJa 
Further company coverage:  LAB.O 

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