Exhibit (a)(1)(B)
Letter of Transmittal to
Tender Shares of
Common Stock
of
CHEMBIO
DIAGNOSTICS, INC.
This Letter of Transmittal is being sent to you in connection with an offer to purchase shares of common stock of CHEMBIO DIAGNOSTICS, INC. (“CEMI”) at a purchase price of $0.45 per share, net to the seller, in cash without interest (the “Shares”) upon the terms and subject to the conditions set forth in the Offer to Purchase dated February 14, 2023 (the “Offer to Purchase”) and this Letter of Transmittal. The Offer to Purchase is being made by Project Merci Merger Sub, Inc., a Nevada corporation and wholly-owned indirect subsidiary of Biosynex SA (the “Offer”). In order to receive payment due to you in connection with the Offer, please complete, sign, and deliver this Letter of Transmittal to Securities Transfer Corporation (“STC” or the “Depositary and Paying Agent”). Please refer to the “Instructions for Completing this Letter of Transmittal,” below.
Questions: Phone: 800-780-1920 (toll free) or 469-633-0101. Fax: 469-633-0088. Email: info@stctransfer.com. Visit us at www.stctransfer.com.
THE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT ONE MINUTE AFTER 11:59 P.M., NEW YORK CITY TIME, ON MARCH 14, 2023, UNLESS THE OFFER IS EXTENDED OR EARLIER TERMINATED.
YOU MUST SUBMIT YOUR ORIGINAL CERTIFICATES WITH THIS LETTER OF TRANSMITTAL. IF YOU ARE NOT IN POSSESSION OF YOUR CERTIFICATES, PLEASE SEE INSTRUCTION 2 OF THIS FORM. YOU DO NOT NEED TO SIGN THE BACK OF THE CERTIFICATES. SHARES HELD IN BOOK-ENTRY FORM ARE UN-CERTIFIED AND NEED NOT BE SUBMITTED (ALTHOUGH THIS LETTER OF TRANSMITTAL MUST BE COMPLETED).
| Description of Shares Tendered | | |||||||||||||||||||||
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| (1) | | | NAME and ADDRESS of HOLDER: | | | | | (2) | | | CERTIFICATE NUMBER* | | | SHARES | | |||||||
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| (3) | | | CERTIFICATE SHARES: | | | | | | | | | | | | | | ||||||
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| | | BOOK-ENTRY SHARES: | | | + | | | | | | | | | | | | ||||||
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| | | TOTAL SHARES: | | | = | | | | | | | | | | | | ||||||
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| NUMBER OF SHARES TENDERED**: | | | | | | | | | | | | |||||||||||
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| *Need not be completed by book-entry stockholders. | | |||||||||||||||||||||
| | | **Unless otherwise indicated, it will be assumed that all shares represented above are being surrendered hereby. | |
Method of delivery of the certificate(s) is at the option and risk of the owner thereof. See Instruction 2.