Quanterix Corporation Announces Agreement with Kent Lake, Plans to Appoint New Independent Director and Enhance Governance
Reuters
Aug 04
Quanterix Corporation Announces Agreement with Kent Lake, Plans to Appoint New Independent Director and Enhance Governance
Quanterix Corporation has announced a cooperation agreement with Kent Lake Partners LP, which includes the appointment of a new independent director by December 1, 2025. The search for the director will involve both Kent Lake and Quanterix's Board of Directors. The company plans to propose declassifying its Board and implementing a majority voting standard for uncontested director elections at the 2025 Annual Meeting. Kent Lake has agreed to withdraw its director nominations and shareholder proposals and will support the Board's candidates, along with adhering to standstill and voting commitments until close to the 2027 Annual Meeting.
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