Singular Genomics Systems Inc. (NASDAQ: OMIC) has announced receipt of a non-binding acquisition proposal from Deerfield Management Company, L.P., along with certain affiliated funds. The proposal aims to purchase all outstanding shares of the company’s common stock not already owned by Deerfield, at a price of $10.00 per share in cash.OMIC closed Thursday’s regular trading at $5.65, reflecting an increase of $0.15 or 2.73%. In after-hours trading, the stock experienced a further surge, gaining $3.81 or 67.43%.Deerfield, a current stockholder in OMIC, stated in its proposal letter that it plans to encourage other major stockholders and existing management to roll over their shares into the newly formed company.Singular Genomics clarified that both the company and its Special Committee will refrain from further commenting on Deerfield’s proposal unless the Special Committee determines that additional disclosure is warranted.The material has been provided by InstaForex Company – www.instaforex.com
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