Corporate ActionApr 20, 2026, 04:07 PM
Alamar Biosciences Completes IPO, Raises $219.9M
AI Summary
Alamar Biosciences, Inc. announced the completion of its initial public offering on April 20, 2026, successfully raising approximately $219.9 million in gross proceeds. The company issued a total of 12,937,500 shares of common stock, including the full exercise of the underwriters' option, at a public offering price of $17.00 per share. Concurrently with the IPO closing, the company filed an amended and restated certificate of incorporation and adopted amended and restated bylaws, which were previously approved by its board and stockholders.
Key Highlights
- Completed initial public offering (IPO) on April 20, 2026.
- Raised approximately $219.9 million in gross proceeds.
- Issued 12,937,500 shares of common stock.
- Shares priced at $17.00 per share.
- Filed amended and restated certificate of incorporation and bylaws.