Echo Lake Capital made an offer to acquire Quince Therapeutics, Inc. (NasdaqGS:QNCX) for $58.8 million on March 21, 2023. Echo Lake acquire all the outstanding Common Stock of Quince Therapeutics for a price of $1.6 per share in cash. Echo Lake proposal is not contingent on outside financing and Echo Lake believe can complete customary diligence and negotiate definitive documentation within 30 days.