M&A
confidence high
sentiment positive
materiality 0.85
MaxCyte to acquire Akron Bio for $151.8M; Q3 revenue up 49% to $10.2M
MAXCYTE, INC.
- Deal: $105M cash + 20,639,733 MXCT shares (~$26.8M) + $20M deferred ($10M each in Jan 2028 and Jan 2029); total $151.8M.
- Akron Bio expected 2026 revenue ~$28M and EBITDA $7-8M; products embedded in five approved therapies and >100 clinical programs.
- Q3 2026 revenue $10.2M (+49% YoY): core $8.2M (+27%), SPL $2.0M vs $0.4M; gross margin 83%; net loss $4.8M vs $12.4M.
- FY2026 revenue guidance raised to at least $34.5M (core ~$28M, SPL at least $6.5M); cash $132.7M at Sept 30.
- MidCap facility up to $75M; expects $22M drawn at close. Deal needs HSR and Nasdaq listing approval, no stockholder vote; targeted before end-2026.