Entry into a Material Definitive Agreement · Results of Operations and Financial Condition · Unregistered Sales of Equity Securities · Regulation FD Disclosure
Item 1.01. Entry into a Material Definitive Agreement. On November 9, 2026, MaxCyte, Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Ohio TopCo LP and Arcline Capital Partners A LP (together, the “Sellers”), affiliates of Arcline Investment Management, and the other parties thereto, pursuant to which the Company will acquire, indirectly, all of the…
Filed Nov 10, 2026Accepted Nov 10, 2026, 8:21 AM ESTCIK 1287098Accession 0001104659-26-124829
At MaxCyte®, we are committed to building better cells together. As a leading cell engineering company, we are driving the discovery, development and commercialization of next-generation cell therapies. Our best-in-class Flow Electroporation® technology and SeQure™ gene editing risk assessment services enable high-performance cell engineering and rigorous evaluation of editing outcomes, supporting confidence in therapeutic development. Supported by expert scientific, technical and regulatory guidance, our platform empowers researchers to engineer diverse cell types and payloads, accelerating the development of safe and effective treatments for human health. For more than 25 years, we've been advancing cell engineering, shaping the future of medicine.
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Item 1.01Item 1.01 - Entry into Material Agreement
Item 1.01. Entry into a Material Definitive
Agreement.
On November 9, 2026, MaxCyte,
Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Purchase Agreement”)
with Ohio TopCo LP and Arcline Capital Partners A LP (together, the “Sellers”), affiliates of Arcline Investment
Management, and the other parties thereto, pursuant to which the Company will acquire, indirectly, all of the outstanding equity interests
of Akron BioProducts LLC (“Akron”) (the “Acquisition”).
The consideration for the
Acquisition consists of (i) $105.0 million in cash payable at the closing of the Acquisition (the “Closing”),
subject to customary adjustments, (ii) 20,639,733 shares (the “Stock Consideration”) of the Company’s
common stock, par value $0.01 per share (the “Common Stock”), and (iii) $20.0 million in guaranteed, deferred cash
payments, consisting of $10.0 million each, payable on the first business day of 2028 and the first business day of 2029.
The Purchase Agreement contains
customary representations, warranties and covenants. The representations and warranties of the parties do not survive the Closing. Concurrently
with the execution of the Purchase Agreement, the Company obtained a conditional binder for a buyer-side representations and warranties
insurance policy, which will provide the Company’s sole recourse with respect to losses arising from breaches of the representations
and warranties of the Sellers in the Purchase Agreement, except for claims against a Seller for fraud committed by such Seller. The Closing
is subject to customary closing conditions, including the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino
Antitrust Improvements Act of 1976, as amended, and the approval of the Stock Consideration for listing on The Nasdaq Stock Market LLC,
and is not subject to a financing condition or the approval of the Company’s stockholders. The Purchase Agreement may be terminated
under customary circumstances, including if the Closing has not occurred within 120 days after the date of the Purchase Agreement. The
Closing is expected to occur before the end of 2026. The Stock Consideration will be subject to a six-month lock-up following the Closing,
and at the Closing the Company and the Sellers will enter into a registration rights agreement providing for the registration of the resale
of the Stock Consideration.
The foregoing description
of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Purchase
Agreement, which is filed as Exhibit 2.1 to this Current Report on Form 8-K, incorporated herein by reference. The Purchase Agreement
is not intended to provide any factual information about the Company, the Sellers or Akron. The representations and warranties contained
therein were made solely for the benefit of the parties thereto, are subject to limitations agreed upon by the parties, including confidential
disclosure schedules, and should not be relied upon as characterizations of the actual state of facts.
Item 2.02Item 2.02 - Results of Operations
Item 2.02. Results of Operations and Financial
Condition.
On November 10, 2026, the
Company issued a press release announcing its financial results for the quarter ended September 30, 2026. A copy of this press release
is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information in this Item
2.02, including Exhibit 99.1 hereto, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section.
The information contained herein and in the accompanying exhibit is not incorporated by reference in any filing of the Company under the
Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, whether made before or after
the date hereof and irrespective of any general incorporation language in any filings, except as expressly set forth by specific reference
in such a filing.
Item 3.02Item 3.02 - Unregistered Sales of Equity
Item 3.02. Unregistered Sales of Equity Securities.
The information set forth
in Item 1.01 of this Current Report on Form 8-K regarding the Stock Consideration is incorporated herein by reference. The 20,639,733
shares of Common Stock comprising the Stock Consideration will be issued to the Sellers at the Closing in reliance on the exemption from
registration provided by Section 4(a)(2) of the Securities Act, based in part on the Sellers’ representations that each
is an “accredited investor” (as defined in Rule 501(a) of Regulation D) acquiring the shares for investment.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.
On November 10, 2026,
the Company issued a press release announcing the Acquisition, a copy of which is furnished as Exhibit 99.2 to this Current Report
on Form 8-K. A copy of the investor presentation regarding the Acquisition is furnished as Exhibit 99.3 to this Current Report
on Form 8-K. A copy of the Company’s corporate presentation is furnished as Exhibit 99.4 to this Current Report on Form 8-K.
The information in this Item
7.01, including Exhibit 99.2, Exhibit 99.3 and Exhibit 99.4 hereto, is furnished and shall not be deemed “filed”
for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that section, and shall not be incorporated
by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a
filing.
Filed exhibits (2)
EX-99.1 (by filename) tm2629420d1_ex99-1.htm
Exhibit 99.1
MaxCyte Reports
Third Quarter 2026 Financial Results and Updates Full Year 2026 Total Revenue Guidance
MaxCyte will
host its third quarter 2026 earnings call today, November 10th, at 8:30 a.m. Eastern Time
Third Quarter and Recent Business
Highlights:
Reports
total revenue of $10.2 million for the third quarter of 2026, including $8.2 million of core
revenue and $2.0 million of SPL Program-related revenue
Raises
Full Year 2026 Total Revenue Guidance to at least $34.5 million, reflecting a projected return
to full-year revenue growth
In
July, MaxCyte announced a strategic, multi-platform technology license partnership with Genentech
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MaxCyte
today announced the proposed acquisition of Akron Bio, a leading supplier of GMP-grade reagents
and ancillary materials, expanding its offering across cell therapy manufacturing and nearly
doubling revenue
ROCKVILLE,
MD, November 10, 2026 - MaxCyte, Inc. (NASDAQ: MXCT), a leading cell-engineering
company providing enabling platform technologies to advance the discovery, development and commercializati…
Open exhibit ↗EX-99.2 (by filename) tm2629420d1_ex99-2.htm
Exhibit 99.2
MaxCyte to Acquire Akron Bio,
Expanding its Offerings Across Cell Therapy Manufacturing and Expecting to Nearly Double Revenue Base
Akron Bio is a leading supplier of GMP-grade reagents and ancillary materials
Expands MaxCyte’s footprint across the cell therapy manufacturing workflow and establishes a combined portfolio supporting
five commercially approved therapies
Akron Bio is expected to generate approximately $28 million in revenue and $7-8 million in EBITDA in 2026, with positive cash flow
MaxCyte expects the transaction to nearly double MaxCyte's revenue base, significantly expanding commercial-stage exposure
and recurring revenue, and accelerating its path to profitability
MaxCyte secured a new credit facility with MidCap Financial of up to $75.0 million, which, together with existing cash, is expected
to fund the combined company through profitability
ROCKVILLE,
MD, November 10, 2026 - MaxCyte, Inc. (NASDAQ: MXCT), a leading cell-engineering company providing
enabling platform technologies to advance the discovery, development and commercialization of next-generation cell therapeutics,
today announced that it has entered into a definitiv…