We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of IsoPlexis Corporation (“IsoPlexis” or the “Company”) (NASDAQ: ISO) in connection with its proposed acquisition by Berkeley Lights, Inc. (“Berkeley Lights”) (NASDAQ: BLI).  Under the merger agreement, the Company’s shareholders will receive 0.612 shares of Berkeley Lights common stock for each IsoPlexis share, representing implied per-share consideration of $1.44 based upon Berkeley Lights’ February 2, 2023 closing price of $2.36.  Upon completion of the transaction, Berkeley Lights shareholders will own 75.2% of the combined company, while IsoPlexis shareholders will only own 24.8% of the combined company.  The transaction is valued at approximately $57.8 million.

Weiss Law is investigating whether (i) IsoPlexis’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the merger consideration adequately compensates IsoPlexis shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.