On June 11, 2025, Kent Lake PR LLC, a holder of approximately 6.9% of Quanterix Corporation's common stock, issued a statement condemning the company's failure to schedule its 2025 Annual Meeting on time. Kent Lake stated that more than a year had passed since the last Annual Meeting.
Kent Lake believes the Board of Directors is using delay tactics to disenfranchise shareholders, finalize controversial strategic actions like the Akoya merger without direct feedback, and dilute existing shareholders' voting rights with newly issued shares to Akoya. The firm called these tactics unacceptable.
Kent Lake urged the Board to immediately schedule and promptly hold the 2025 Annual Meeting and to include a proposal to declassify the Board on the agenda. This action underscores ongoing shareholder dissatisfaction with corporate governance and strategic decisions.
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