Quanterix Corp. (QTRX) and Akoya Biosciences (AKYA), Tuesday announced an amendment to the terms of the previously announced merger agreement.
Under the revised terms, Quanterix will issue approximately 7.76 million shares of its common stock and pay $20 million in cash to Akoya shareholders. Meanwhile, each Akoya share will receive $0.38 per share in cash and 0.1461 shares of Quanterix common stock.
As per the new deal, Quanterix shareholders will own approximately 84 percent of the combined company and Akoya shareholders will own approximately 16 percent.
The transaction is expected to close during the second quarter of 2025.
In the pre-market hours, Quanterix's stock is trading at $6.02, up 4.15 percent, and Akoya's stock is trading at $1.34, up 2.29 percent on the Nasdaq.
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