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Kent Lake Files Definitive Proxy Statement and Sends Letter to Quanterix Shareholders

1. Kent Lake PR opposes Quanterix's merger with Akoya Biosciences. 2. They hold 7.7% of Quanterix and filed a proxy statement.

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FAQ

Why Bearish?

Historically, shareholder opposition can lead to delayed or rejected mergers, impacting stock performance negatively.

How important is it?

The opposition by a significant shareholder could shift shareholder sentiment and affect stock price.

Why Short Term?

The immediate reaction may drive stock fluctuations due to uncertainty about the merger's future.

Related Companies

RINCON, Puerto Rico--(BUSINESS WIRE)--Kent Lake PR LLC (“Kent Lake”), a holder of approximately 7.7% of the outstanding common stock of Quanterix Corporation (“Quanterix” or the “Company”) (NASDAQ: QTRX), today announced that it has filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) and sent a letter to its fellow Quanterix shareholders in connection with its opposition to the Company's proposed merger (the “Merger”) with Akoya Biosciences (“Akoya”).

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