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Company Directory - Quanterix Corporation

Company Details - Quanterix Corporation

Quanterix Corporation Logo

Quanterix Corporation

Website

NASDAQ: QTRX 

Quanterix Corporation is a technology company that specializes in developing ultra-sensitive immunoassay technologies for the detection of biomarkers. Their innovative solutions enhance precision medicine by enabling researchers and clinicians to better understand diseases, particularly in neurology and oncology.

CCI Score

CCI Score: Quanterix Corporation

-8.43

0.04%

Latest Event

Disenfranchisement of Shareholders in Merger Deal

On April 30, 2025, Quanterix Corporation announced an amended merger agreement with Akoya Biosciences that removes the opportunity for shareholders to vote on the transaction, despite significant opposition as evidenced by vote reports. This decision has drawn sharp criticism from Kent Lake, a major shareholder, who views it as a blatant disregard for shareholder rights and democratic accountability.

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COLLABORATOR

Quanterix Corporation is currently rated as a Collaborator.

-5 to -9 CCI Score
In this category, companies align with authoritarian practices mainly to avoid trouble or regulatory conflict. Their compliance is driven by self-preservation, resulting in minimal resistance even as they participate in oppressive systems.

Latest Events

  • Disenfranchisement of Shareholders in Merger Deal Logo
    APR
    30
    2025

    On April 30, 2025, Quanterix Corporation announced an amended merger agreement with Akoya Biosciences that removes the opportunity for shareholders to vote on the transaction, despite significant opposition as evidenced by vote reports. This decision has drawn sharp criticism from Kent Lake, a major shareholder, who views it as a blatant disregard for shareholder rights and democratic accountability.

  • -80

    Public and Political Behavior

    April 30

    Quanterix’s decision to proceed with the merger without a shareholder vote undermines democratic participation and reflects an authoritarian approach in corporate governance. This event is a clear example of public and political behavior that disregards the will of the investing public.

    Kent Lake Issues Statement on Quanterix's Blatant Disregard for Will of Investors

  • -60

    Business Practices and Ethical Responsibility

    April 30

    The elimination of shareholder voting in the merger process and the dismissal of significant public opposition highlight unethical business practices. By prioritizing a swift merger over transparent governance, the company undermines ethical responsibility and disregards stakeholder interests.

    Kent Lake Issues Statement on Quanterix's Blatant Disregard for Will of Investors

  • Quanterix Advances Strategic Acquisition and Governance Response Logo
    MAR
    03
    2025

    On March 3, 2025, Quanterix Corporation highlighted its proposed acquisition of Akoya Biosciences, emphasizing the strategic benefits, expanded market opportunities, and clear long‐term value creation. The company also addressed director nomination challenges from Kent Lake, asserting a commitment to constructive shareholder engagement and robust corporate governance.

  • +10

    Public and Political Behavior

    April 30

    The company’s proactive and constructive response to Kent Lake's director nominations, along with its clear communication on long-term strategic growth, reflects a commitment to transparent corporate governance and democratic engagement, which are positive from an anti-authoritarian perspective.

    Quanterix Highlights Compelling Benefits of Akoya Biosciences Acquisition

  • +5

    Business Practices and Ethical Responsibility

    April 30

    The acquisition is positioning Quanterix for long‐term growth and improved financial stability through a well-evaluated strategic move. This focus on sound business practices and ethical responsibility in pursuing synergies and expanding operational capabilities contributes positively to its overall corporate behavior.

    Quanterix Highlights Compelling Benefits of Akoya Biosciences Acquisition

  • Activist Shareholder Proposes Board Overhaul at Quanterix Logo
    MAR
    03
    2025

    Activist shareholder Kent Lake, who owns 6.9% of Quanterix’s stock, has nominated three independent candidates for the board of directors at the 2025 annual meeting. In a public statement, Lake criticized the company's proposed merger with Akoya Biosciences, arguing that it would dilute existing shareholder value, introduce undue risk, and distract from core organic growth opportunities, particularly in research and Alzheimer’s testing.

  • +70

    Public and Political Behavior

    April 30

    The action represents a public, activist intervention aimed at reinforcing corporate accountability. By nominating independent board candidates and opposing a merger deemed detrimental to shareholder interests, the move supports transparency and ethical governance, aligning with progressive principles against undemocratic corporate practices.

    Quanterix shareholder nominates three board candidates, issues statement

  • Activist Kent Lake Opposes Quanterix Merger Logo
    FEB
    18
    2025

    Kent Lake, which holds 5.9% of Quanterix's common stock, issued an open letter urging shareholders to vote against the proposed merger with Akoya Biosciences. The letter claims that the merger significantly undervalues Quanterix, would deplete substantial cash reserves, and jeopardizes the company’s long-term financial stability, effectively serving as a bailout for Akoya at the expense of existing shareholders.

  • -40

    Business Practices and Ethical Responsibility

    April 30

    The proposed merger is criticized for undervaluing the company and compromising shareholder value, which reflects shortcomings in ethical corporate practices and governance. From an anti-authoritarian perspective, the activist intervention seeks to defend shareholder rights and maintain accountability in corporate decision-making. Such failures in corporate responsibility can undermine broader democratic principles and fair treatment in business practices.

    Kent Lake Issues Letter to Quanterix Shareholders Regarding Opposition to Merger Agreement

  • Investigation into Securities Law Violations Logo
    FEB
    17
    2025

    The Schall Law Firm has launched an investigation into Quanterix Corporation over allegations that the company issued false and/or misleading statements and failed to disclose material information, potentially violating securities laws.

  • -60

    Business Practices and Ethical Responsibility

    April 30

    The investigation into alleged deceptive and non-transparent practices raises serious concerns about Quanterix's commitment to ethical business practices and transparency. Failing to provide accurate and complete information undermines investor trust and accountability.

    Quanterix Corporation Is Being Investigated For Securities Law Violations

  • Investigation Over Misleading Financial Disclosures Logo
    NOV
    12
    2024

    Quanterix Corporation is under investigation by the Rosen Law Firm for allegedly issuing misleading financial statements. An SEC current report on November 12, 2024 indicated that its Audit Committee recommended that previous financial statements should no longer be relied upon, contributing to an 18.3% drop in the stock price and raising serious investor concerns about the company's ethical business practices.

  • -40

    Business Practices and Ethical Responsibility

    April 30

    The investigation highlights that Quanterix Corporation may have engaged in unethical business practices by providing misleading financial information, which undermines corporate accountability and investor trust. Although the issue does not directly link to support for authoritarianism, deceptive disclosure practices erode democratic transparency and harm broader stakeholder interests.

    Quanterix Corporation Faces Investigation Amid Investor Concerns

  • Quanterix Expands Alzheimer's Diagnostic Access through Strategic Collaborations Logo
    FEB
    26
    2024

    Quanterix Corporation announced partnerships with five major health networks, including AdventHealth, Mass General Brigham, Mayo Clinic, MUSC, and UPMC, to integrate its advanced Simoa technology into Alzheimer’s disease diagnosis. This initiative aims to build global infrastructure for accessible, non-invasive blood biomarker testing, potentially transforming early detection and management of Alzheimer’s.

  • +80

    Technology and Services Impact

    April 30

    By leveraging its highly sensitive Simoa technology in strategic collaborations with leading health networks, Quanterix is advancing accessible and non-invasive diagnostic solutions for Alzheimer’s. This technological contribution supports public health improvements and aligns with progressive values by enhancing early disease detection, which can lead to better patient outcomes.

    Quanterix Announces First Collaborations with Five Health Networks to Aid the Diagnosis and Clinical Management of Individuals with Alzheimer's Disease

Corporate Financials

Revenue
2025
$22.74M
Total Assets
2025
$80.00M
Operating Income
2025
-$12.20M
Total Equity
2025
$30.00M

Employees: 190

Industries

334516
Analytical Laboratory Instrument Manufacturing
541715
Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
621511
Medical Laboratories