Alector Agrees to 36.6 Million-Share Offering at $2.05 Each
Alector entered an underwriting agreement with Morgan Stanley and BTIG for a public offering of 36.6 million common shares. Gross proceeds are expected to be approximately $75.03 million before fees and expenses.
Alector entered into an Underwriting Agreement with Morgan Stanley and BTIG for a public offering of 36,600,000 shares of common stock at $2.05 per share. Gross proceeds are expected to be approximately $75.03 million before fees and expenses. The offering, made off an effective shelf registration…