On January 3, 2024, Madryn Asset Management LP announced that on January 2, 2024, it has sent a letter and requested the Delaware Court of Chancery to postpone the stockholder vote on the SomaLogic Inc and Standard BioTools Inc merger. Madryn Asset highlighted the lack of public access to filings related to Larry Gold and Jason Cleveland?s motion for an injunction. Madryn urged delaying the vote until shareholders could review these submissions for a more informed decision, emphasizing the importance of public access and compliance with Delaware law.

Furthermore, Madryn Asset urged the Company shareholders to vote against the merger at the January 4, 2024, special meeting and expressed that voting against the merger would protect shareholder value and enable the pursuit of better alternatives. Madryn updated its website, www.NoSomaLogicMerger.com, for additional information.