Full Press Release Details
Quanterix Prices Public Offering of Common
BILLERICA, Mass. (BUSINESS WIRE) - February 4, 2021
- Quanterix Corporation (Nasdaq: QTRX), a company digitizing biomarker analysis to advance the science of
precision health, today announced the pricing of its previously announced underwritten public offering of 3,571,428 shares of
its common stock at a public offering price of $70.00 per share. All of the shares in the offering will be sold by
Quanterix. Gross proceeds from the sale of the shares, before deducting underwriting discounts and commissions and offering
expenses, are expected to be approximately $235.0 million. Quanterix has also granted the underwriters a 30-day
option to purchase up to an additional 535,714 shares of common stock on the same terms and conditions.
The offering is expected to close on or about February 8,
2021, subject to customary closing conditions.
Goldman Sachs & Co. LLC, SVB Leerink LLC and Cowen and Company,
LLC are acting as joint bookrunning managers for the offering. Canaccord Genuity LLC is acting as lead manager for the offering.
The public offering is being made pursuant to a shelf
registration statement on Form S-3ASR (File No. 333-249925) previously filed with the Securities and Exchange Commission
("SEC") on November 6, 2020, which automatically became effective upon filing. A preliminary prospectus
supplement and accompanying base prospectus relating to and describing the terms of the offering has been filed with the SEC
and is available on the SEC's website located at http://www.sec.gov. Copies of the final prospectus supplement and
the accompanying prospectus relating to this offering, when available, can be obtained from Goldman Sachs & Co. LLC, 200
West Street, New York, NY 10282, Attention: Prospectus Department, by telephone at (866) 471-2526 or by e-mail at
prospectus-ny@ny.email.gs.com, from SVB Leerink LLC, Attention: Syndicate Department, One Federal Street, 37th Floor, Boston,
MA, 02110, by telephone at (800) 808-7525, ext. 6105 or by e-mail at syndicate@svbleerink.com, or Cowen and Company, LLC, c/o
Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Attention: Prospectus Department, by telephone
at (833) 297-2926 or by email at PostSaleManualRequests@broadridge.com.
This press release shall not constitute an offer to sell, or
a solicitation of an offer to buy, nor will there be any sale of these securities in any state or other jurisdiction in which such
an offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such
state or other jurisdiction.
Quanterix is a company that's digitizing biomarker analysis
with the goal of advancing the science of precision health. The company's digital health solution, Simoa, has the potential
to change the way in which healthcare is provided today by giving researchers the ability to closely examine the continuum from
health to disease. Quanterix' technology is designed to enable much earlier disease detection, better prognoses and enhanced
treatment methods to improve the quality of life and longevity of the population for generations to come. The technology is currently
being used for research applications in several therapeutic areas, including oncology, neurology, cardiology, inflammation and
infectious disease. The company was established in 2007 and is located in Billerica, Massachusetts.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, as amended. The words "may," "will," "
could," "would," "should," "expect," "plan," "anticipate,"
"intend," "believe," "estimate," "predict," "project,"
"potential," "continue," "target" and similar expressions are intended to identify
forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking
statements include statements regarding the completion of the proposed public offering. These statements are subject to
various risks and uncertainties, actual results could differ materially from those projected and Quanterix cautions investors
not to place undue reliance on the forward-looking statements in this press release. These risks and uncertainties include,
without limitation, risks and uncertainties related to market conditions and satisfaction of customary closing conditions
related to the public offering. There can be no assurance that Quanterix will be able to complete the public offering on the
anticipated terms, or at all. Any forward-looking statements in this press release are based on management's current
expectations and beliefs and are subject to a number of risks, uncertainties and important factors that may cause actual
events or results to differ materially from those expressed or implied by any forward-looking statements contained in this
press release, including, without limitation, the risks and uncertainties described in the section entitled "Risk
Factors" in Quanterix' preliminary prospectus supplement related to the proposed offering filed with the SEC on
February 3, 2021, Quanterix' most recent Annual Report on Form 10-K filed with the SEC, Quanterix'
Quarterly Reports on Form 10-Q for the quarters ended March 31, 2020, June 30, 2020 and September 30, 3030 filed with the
SEC, and in other filings Quanterix makes with the SEC from time to time. Quanterix undertakes no obligation to update the
information contained in this press release to reflect subsequently occurring events or circumstances.
Quanterix IR Contact:
Amol Chaubal, CFO, 617-301-9495
Quanterix PR Contact:
Staci Didner, 617-502-4300