Deerfield Mgmt acquires OMIC for $20/sh cash -- a 254% premium to the "unaffected" closing price on 9/12/24, before Deerfield made its original cash buyout offer of $10/sh:
https://finance.yahoo.com/news/singular-genomics-enters-agreement-acquired-133000209.html
The $20/sh buyout price is worth about $50M, which isapproximately OMIC's net cash value. The stock had been trading at a negative EV.
OMIC previously rejected a $12/sh offer from Tang Capital (#msg-175115266).