On January 3, 2024, Madryn Asset Management, LP announced that Egan-Jones Proxy Services, an independent proxy advisory firm, has recommended shareholders vote against the proposed merger with Standard BioTools Inc. at the Company?s Special Meeting of Shareholders on January 4, 2024. Madryn urged shareholders to vote against the proposed merger to protect the value of shareholders? investment and allow the Company to pursue vastly superior alternatives.