Alector Prices $75M Public Offering at 7.3% Premium

Key Facts

1Alector announced the pricing of an underwritten offering of 36.6 million shares of common stock at $2.05 per share.

2The offering price represents a premium of approximately 7.3% over the closing price on October 15, 2026.

3The company expects gross proceeds of approximately $75 million from the offering before expenses.

Alector announced the pricing of an underwritten public offering of 36.6 million shares of common stock at $2.05 per share. According to a statement via GlobeNewswire, the company expects gross proceeds of approximately $75 million before deducting expenses, with the offering scheduled to close on October 19, 2026.

The offering price of $2.05 represents a premium of approximately 7.3% over the closing price on October 15, 2026. Shares of ALEC closed at $1.91 on October 15, 2026, having traded between a day low of $1.85 and a high of $1.95 during that session.