Singular Genomics Enters Into Agreement To Be Acquired By Deerfield For $20 In Cash per Share

Benzinga · Dec 23 21:41

Singular Genomics Systems, Inc. (NASDAQ:OMIC) ("Singular Genomics" or the "Company"), a company leveraging novel next-generation sequencing (NGS) and spatial multiomics technologies to empower researchers and clinicians, today announced that it has entered into a definitive merger agreement whereby an affiliate of Deerfield Management Company, L.P. will acquire Singular Genomics in an all-cash transaction for $20.00 per share.

The $20.00 per share represents 254% premium to the last closing share price for Singular's common stock prior to the September 12, 2024 public disclosure of Deerfield's initial acquisition proposal.

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Singular Genomics Enters Into Agreement To Be Acquired By Deerfield For $20 In Cash per Share

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