---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-016085"
form_type: "8-K"
ticker: "MXCT"
cik: "0001287098"
company_name: "MAXCYTE, INC."
filed_at: "2024-12-09T23:59:59+00:00"
generated_at: "2026-05-29T05:31:49.156167+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# MaxCyte cuts 15% workforce, raises 2024 core revenue growth guidance to 6-8%

## Summary
- Reduction of 21 positions (~15% of global workforce) approved December 4, 2024.
- Pre-tax charges of ~$0.8M, primarily in Q4 2024; ~$0.3M cash expenditures.
- Annualized cost savings of ~$5.8M expected from January 2025.
- Raises full-year 2024 core revenue guidance to 6-8% growth vs 2023; affirms SPL revenue ~$6M.
- Employee count expected to end 2024 at 116, down from 143 at end of 2023.

## SEC filing metadata
- accession: 0001558370-24-016085
- form_type: 8-K
- ticker: MXCT
- cik: 0001287098
- company_name: MAXCYTE, INC.
- filed_at: 2024-12-09T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1287098/000155837024016085/0001558370-24-016085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1287098/000155837024016085/mxct-20241204x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-016085
- JSON: https://secwatch.observer/filing/0001558370-24-016085.json
- Plain text: https://secwatch.observer/filing/0001558370-24-016085.txt

## Key facts
- Restructurings & Charges
  MAXCYTE, INC. announced a restructuring with charges of approximately $0.8 million affecting global workforce (a reduction of approximately 15% of the Company’s workforce globally).
  - Type: restructuring
  - Charge: approximately $0.8 million
  - Affected area: global workforce
  - Headcount: a reduction of approximately 15% of the Company’s workforce globally
  source text: engaged through third-party employer-of-record (EOR) arrangements. ​ In connection with the Plan, the Company estimates that it will incur total pre-tax charges of approximately $0.8 million, consisting primarily of severance payments, employee benefits, and related costs. These charges include costs associated with directly employed personnel as well as
  evidence_url: https://www.sec.gov/Archives/edgar/data/1287098/000155837024016085/0001558370-24-016085-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.