Alpha Teknova, Inc. (TKNO) Form 424B5 — Oct 21, 2026
Alpha Teknova (Nasdaq: TKNO) priced an underwritten follow-on offering of 8,000,000 shares at $5.00 per share, raising $40.0M gross ($37.6M net), with a 30-day option for 1,200,000 additional shares. The $5.00 price represents a ~26% discount to the October 19, 2026 close of $6.80. The offering represents roughly 15% dilution on top of the 53.7M shares outstanding, with immediate dilution of $3.58 per share to participating investors. Proceeds are earmarked for general corporate purposes, including potential repayment of a portion of outstanding debt, and the company's ATM agreement retains another $50.0M of potential sales.
Key figures
- Greenshoe
- 1200000
- Gross Proceeds
- 40000000
- Offering Price
- 5
- Shares Offered
- 8000000
- Net Proceeds With Option
- 43200000
- Last Sale Price Oct192026
- 6.8
- Discount To Market Percent
- 26
- Immediate Dilution Per Share
- 3.58
- Atm Remaining Sales Agreement
- 50000000
- Q3 2026 revenue growth yoy
- 19%-21%
- Q3 2026 revenue estimate usd
- $12.5M-$12.7M
- Underwriting Discount Per Share
- 0.3
- Q3 2026 gross margin estimate
- 36.0%-38.0%
- Shares Outstanding Post Offering
- 61702534
- Q3 2026 adjusted ebitda estimate
- -$1.2M to -$1.0M
- Cash And Short Term Investments Sep302026
- 16600000
AI analysis
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