M&A: Quanterix Corp
Form Type: 8-K
Filing Date: 2025-01-08
Corporate Action: Acquisition
Type: New
Accession Number: 000150327425000001
Comments: On January 8, 2025, Quanterix Corporation completed the acquisition of Emission Inc. The acquisition was executed pursuant to a Share Purchase Agreement dated December 16, 2024. Under the terms of the agreement, Quanterix purchased all issued and outstanding shares of Emission for an upfront payment of $10 million, with an additional $10 million payable upon completion of certain technical milestones. Furthermore, the Shareholders of Emission may receive up to an additional $50 million in earnout payments through December 31, 2029, dependent on the performance milestones which the Company anticipates will be funded primarily through cash generated from attaining the earnout criteria. A detailed description of the Purchase Agreement is provided, with a reference to its prior filing as Exhibit 2.1.
Document Link: View Document
Additional details:
Date Of Report: 2025-01-08
Acquisition Target: Emission Inc.
Upfront Payment: $10 million
Additional Payment: $10 million upon milestone completion
Potential Earnout Payments: up to $50 million through December 31, 2029