Deal Snapshot
Berkeley Lights Acquires IsoPlexis to Create PhenomeX
Monday 27 March 2023

California-based life sciences tools company Berkeley Lights, Inc. (NASDAQ: BLI) has acquired Connecticut-based life sciences solutions provider IsoPlexis Corp. (NASDAQ: ISO), to form functional cell biology provider PhenomeX, the company said.

Under the terms of the merger agreement, IsoPlexis shareholders received, for each share of IsoPlexis stock, 0.612 shares of Berkeley Lights common stock (which will be automatically converted into shares of PhenomeX common stock).

Date Published: 27/03/2023