Kent Lake Slams Quanterix (QTRX)–Akoya Deal as Bailout; Calls Out Board Conflicts, Shareholder Value Destruction, and Strategic Distraction
Summary
Kent Lake urged Quanterix shareholders to vote against the merger with Akoya, arguing it is a bailout that unfairly values Quanterix at a negative enterprise value while rewarding a weaker, cash-burning Akoya. The deal would slash Quanterix’s net cash per share by nearly 60%, shorten its cash runway, and distract from its high-value Alzheimer’s diagnostics program. Governance conflicts, a flawed process, and a 55% stock price drop since announcement further underscore that Quanterix is stronger and more valuable as a standalone company.
Company Name: Quanterix Corp
Symbol: QTRX
Filing Date: Apr-21-2025
Filer Name: Kent Lake PR LLC
Source:
https://www.sec.gov/Archives/edgar/data/1503274/000153949725001180/exh1.pdf
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