Alector, Inc. (ALEC) Form 424B5 — Oct 16, 2026
Alector priced a follow-on offering of 36.6 million shares at $2.05 per share on October 16, 2026, raising gross proceeds of approximately $75.0 million ($70.2 million net) via Morgan Stanley and BTIG as joint bookrunners.
Key figures
- Gross Proceeds
- 75030000
- Offering Price
- 2.05
- Shares Offered
- 36600000
- Dilution Per Share
- 1.64
- Shares Outstanding
- 148256805
- Net Proceeds Estimate
- 70200000
- Underwriting Discount Total
- 4501800
- Underwriting Discount Per Share
- 0.123
- Lockup period
- 30 days
- Offering expenses
- $0.3 million
- As adjusted ntbv per share
- 0.41
- Last sale price oct 15 2026
- 1.91
- Shares outstanding pre offering
- 111656805
- Atm remaining under sales agreement
- $125.0 million
AI analysis
Red flags4 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.