On August 4, 2025, Quanterix Corporation announced it had entered into a cooperation agreement with Kent Lake Partners LP, an activist shareholder. This agreement aims to resolve ongoing shareholder dissent and a potential proxy contest.
Under the terms of the agreement, Quanterix committed to appointing a new independent director by December 1, 2025, with both Kent Lake and the Board participating in the search process. The company will also seek shareholder approval at the 2025 Annual Meeting to declassify its Board of Directors and will adopt a majority voting standard for uncontested director elections.
In return, Kent Lake agreed to withdraw its director nominations and shareholder proposals previously submitted for the Annual Meeting and will support the Board’s candidates. Kent Lake also agreed to customary standstill and voting commitments, allowing the Board and management to focus on executing the company’s strategy and maximizing the benefits of the Akoya transaction.
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