Financing ·
Prices $40M public offering of common stock at $5.00 per share
TKNOAlpha Teknova, Inc.
Alpha Teknova priced an underwritten public offering of 8,000,000 shares of common stock at $5.00 per share, generating gross proceeds of approximately $40 million before deducting underwriting discounts and commissions. The company granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares. Net proceeds are intended for general corporate purposes, including potential debt repayment. The offering is expected to close on or about October 22, 2026. Alpha Teknova manufactures critical reagents and media for the life sciences industry.