Friday, March 17, 2023

Equity Corporate Actions Alert #2023 - 167
(UPDATED: Merger closed) Information Regarding the Merger of IsoPlexis Corporation (ISO)


  • Industry Announcement

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At a special meeting held on March 16, 2023, shareholders of IsoPlexis Corporation (ISO) approved the proposed merger with and into Berkeley Lights, Inc. (BLI). The merger closed prior to the market open today, March 21, 2023. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on March 20, 2023. The stock will remain halted on the day of closing (March 21st) and will be suspended effective March 22, 2023. Furthermore, Berkeley Lights, Inc. (BLI) will have a name and symbol change to PhenomeX Inc. (CELL) immediately following the merger. The name and symbol changes will become effective March 22, 2023 on Nasdaq.

The details of the suspension are as follows:

Company Name/Issue: IsoPlexis Corporation Common Stock
CUSIP#: 465005106
Symbol: ISO
Last Trading Date: March 20, 2023
Marketplace Effective Date for Suspension: March 22, 2023
Merger Consideration: 0.612 of share of Berkeley Lights Inc (BLI) for each share held. Berkeley Lights, Inc. to be renamed PhenomeX Inc. (CELL), anticipated to be effective March 22, 2023

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