Quanterix announces cooperation agreement with Kent Lake Capital

Quanterix (QTRX) Corporation announced that it has entered into a cooperation agreement with Kent Lake Partners LP. The Company has committed to appointing a new independent director by December 1, 2025. The new director will be identified through a comprehensive search process in which both Kent Lake and the Board of Directors shall participate. In addition, the Company will seek approval at the 2025 Annual Meeting of Stockholders to declassify its Board and will amend its bylaws to adopt a majority voting standard for uncontested director elections. Under the terms of the Agreement, Kent Lake has agreed to withdraw its director nominations and shareholder proposals previously submitted in connection with the Annual Meeting and will support the Board’s candidates. In addition, Kent Lake has agreed to customary standstill and voting commitments until thirty days prior to the nomination deadline for Quanterix’s 2027 Annual Meeting.