STANDARD BIOTOOLS INC. (LAB) Form 8-K — Jul 28, 2026
Standard BioTools Inc. entered into a material definitive agreement to sell its Mass Cytometry business to Multiplex Bio for $5 million payable via a five-year promissory note, while simultaneously receiving a $30 million cash payment from Illumina to waive future royalty and earnout obligations. The Illumina payment resolves all contingent liabilities related to the prior SomaLogic acquisition and will be included in the pro forma net cash position for the pending Treeline Biosciences merger.
Key figures
- Interest Rate
- 6%
- Purchase Price Usd
- $5,000,000
- Illumina Buyout Usd
- $30,041,683.63
- Termination Fee Usd
- $1,000,000
- Potential Earnout Usd
- $5,000,000
- Working Capital Loan Usd
- $10,000,000
- Maturity Years
- 5
- Reimbursement Cap Step1
- $125,000
- Reimbursement Cap Step2
- $125,000
Price after filing
Close on the filing date to close N calendar days later (from $0.79). Historical, not a forecast.
AI analysis
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