Codexis Commences Underwritten Public Offering of Common Stock

Codexis, Inc. announced the commencement of an underwritten public offering of its common stock, with all shares being sold by the company. The underwriters will also have a 30-day option to purchase up to an additional 15% of the shares. Codexis intends to use the net proceeds from this offering to fund working capital and other general corporate purposes, including research, development, and business activities. Piper Sandler and Cantor are serving as joint bookrunning managers.