Teknova Announces Pricing of $40 Million Public Offering of Common Stock
Alpha Teknova priced an underwritten public offering of 8 million shares at $5.00 per share, for expected gross proceeds of $40 million. Underwriters hold a 30-day option on up to 1.2 million additional shares; the deal is expected to close on or about October 22, 2026, with TD Cowen and William Blair as joint book-runners. Proceeds are earmarked for general corporate purposes, including potential debt repayment, with no committed acquisitions.
Key figures
- Deal Value Usd
- 40000000
- Offering Price
- 5
- Shares Offered
- 8000000
- Underwriter option days
- 30
- Underwriter option shares
- 1200000
AI analysis
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