Singular Genomics Receives Non-Binding Acquisition Proposal from Concentra Biosciences and Tang Capital
Singular Genomics Systems, Inc. (OMIC)
Company Research
Source: GlobeNewswire
SAN DIEGO, Sept. 19, 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 an unsolicited non-binding proposal from Concentra Biosciences, LLC (“Concentra”) to acquire all of the Company’s outstanding shares of common stock for $12.00 per share in cash. As alternative consideration, Concentra stated that it would consider, assuming it receives sufficient interest from existing stockholders, inviting interested stockholders to elect to continue to participate in any future value realized from the Company’s ongoing business by receiving a contingent value right in lieu of receiving $12.00 per share in cash. According to a Schedule 13D filed on September 19, 2024 with the U.S. Securities and Exchange Commission (the “SEC”) disclosing Concentra’s proposal, Tang Capital is the controlling stockho
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News
- Singular Genomics Reports Recent Updates and Third Quarter 2024 Financial ResultsGlobeNewswire
- OMIC Faces Uncertainty of Share Purchase Offers From Concerta, Tang and Deerfield [Yahoo! Finance]Yahoo! Finance
- Singular Genomics jumps after Tang's Concentra offers $12 a share [Seeking Alpha]Seeking Alpha
- Singular Genomics Receives Non-Binding Acquisition Proposal from Deerfield [Yahoo! Finance]Yahoo! Finance
- Singular Genomics Receives Non-Binding Acquisition Proposal from DeerfieldGlobeNewswire
OMIC
Sec Filings
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- OMIC's page on the SEC website