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MaxCyte, a leader in cell engineering technology, announced the public filing of a registration statement on Form S-1 with the SEC for a proposed dual-listing and public offering on Nasdaq. The filing includes unaudited financial data for Q1 2021, showing a 30% revenue growth (excluding milestone revenues) to $6.5 million. The company also completed a $55.3 million private placement and signed a strategic license with Myeloid Therapeutics. Additionally, Ron Holtz resigned from the board to comply with Nasdaq practices while continuing as CAO.
MaxCyte, Inc. announced the public filing of a registration statement with the SEC for a proposed dual listing of its common stock on the Nasdaq under the symbol 'MXCT'. The company plans to conduct a public offering of shares in the U.S. The share count and price range for the Offering are yet to be determined, with the commencement dependent on SEC review. MaxCyte's stock will continue to trade on the AIM market of the London Stock Exchange. This move aims to broaden its market presence and attract U.S. investors while enhancing its liquidity.