Alector, Inc. (ALEC) Form 8-K — Oct 16, 2026
$ALECForm 8-KItems 1.01, 8.01, 9.01Filed Oct 16, 2026, 4:47 PM ET0001193125-26-424204Original filing
Alector (Nasdaq: ALEC) priced an underwritten offering of 36,600,000 shares of common stock at $2.05 per share on October 15, 2026, with expected gross proceeds of $75,030,000.00 before underwriting discounts and expenses. Notably, the $2.05 price represents a premium of approximately 7.3% over the October 15, 2026 closing price, which is atypical for a follow-on offering and suggests strong institutional demand — new and existing investors including TCGX, BVF Partners, ADAR1 Capital Management, and Deep Track Capital participated.
Key figures
- Gross Proceeds
- 75030000
- Offering Price
- 2.05
- Shares Offered
- 36600000
- Lockup period
- 30 days after the date of the final prospectus
- Expected closing date
- October 19, 2026
- Premium to prior close
- approximately 7.3%
- Underwriter purchase price
- $1.927 per share
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