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How to buy SomaLogic stock when it goes public

Here's everything we know so far about the SomaLogic IPO.

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Sheri Bechtel
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SomaLogic, a Boulder, Colorado-based biomarker discovery and clinical diagnostics company, is expected to go public via a merger with a special purpose acquisition company (SPAC). We'll update this page as new information becomes available.

What we know about the SomaLogic IPO

SomaLogic has entered into an agreement to go public via a merger with SPAC CM Life Sciences II Inc. The SPAC is backed by activist investor Keith Meister.

SPACs, also known as a blank check company, are companies with no commercial operations that exist purely to raise capital through IPOs. No date has been announced yet.

CM Life Sciences originally went public in February 2021 and currently trades on the Nasdaq under the ticker symbol "CMIIU."

How to buy shares in SomaLogic when it goes public

Once SomaLogic goes public, you'll need a brokerage account to invest. Consider opening a brokerage account today so you're ready as soon as the stock hits the market.

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  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.

How do similar companies perform?

It's impossible to predict how any stock will perform — and IPOs can be particularly volatile. But evaluating the performance of companies like SomaLogic can be useful in determining how the market is performing and whether now is a good time to invest in this industry. Select a company to learn more about what they do and how their stock performs, including market capitalization, the price-to-earnings (P/E) ratio, price/earnings-to-growth (PEG) ratio and dividend yield. While this list includes a selection of the most well-known and popular stocks, it doesn't include every stock available.

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