What Happened to SomaLogic?
Return
0.0%
Current Price
â
Peak Price
â
Trust Size
$565M
Summary
SomaLogic, Inc. filed its S-1 registration in 2021 and completed its business combination in 2023. The company continues to trade at significantly depressed levels with 299 SEC filings on record.
What Happened
SomaLogic, Inc. entered the SPAC market in 2021 with its initial S-1 filing with the SEC, joining the wave of blank check companies seeking acquisition targets.
The company filed a definitive proxy statement (DEFM14A) ahead of its merger vote, completing its de-SPAC transaction in 2023.
SEC records show 299 total filings, including annual (10-K) and quarterly (10-Q) financial reports.
As of the latest available data, the company continues to file with the SEC but filing activity has slowed significantly â fitting the pattern of a "zombie SPAC" that technically exists but has failed to deliver meaningful returns to shareholders.
The company was incorporated in Delaware, the preferred jurisdiction for the vast majority of SPACs due to its business-friendly legal framework.
Timeline
2021-02-12
S-1 Registration Filed
2023-12-01
Merger Proxy Filed (DEFM14A)
2025-01-10
Last SEC Filing