SeqLL (SQL) IPO Opens Lower

Today's IPO for SeqLL Inc. (NASDAQ: SQL) opened for trading at $3.42 after pricing 3,060,000 shares of its common stock and accompanying warrants to purchase up to 3,060,000 shares of common stock. Each share of common stock is being sold together with one warrant to purchase one share of common stock with an exercise price of $4.25 per share and an expiration date of five years from the date of issuance at a combined offering price of $4.25.

Maxim Group LLC is acting as the sole book-running manager in connection with the offering.

SeqLL Inc. is a development-stage life sciences instrumentation and research services company engaged in the development of scientific assets and novel intellectual property across multiple “omics” fields. The Company intends to leverage their expertise with True Single Molecule Sequencing (“tSMS®”) technology to enable researchers and clinicians to contribute major advancements to scientific research and development by accelerating one’s understanding of the molecular mechanisms of disease and fundamental biological processes.

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