{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-272546","form_type":"8-K","ticker":"ALEC","cik":"0001653087","company_name":"Alector, Inc.","filed_at":"2023-11-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.947010+00:00","generated_at":"2026-06-08T15:48:02.372884+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Alector signs $125M ATM equity sales agreement with TD Cowen","bullets":["Up to $125 million of common stock may be sold from time to time in at-the-market transactions.","TD Cowen will receive up to 3.0% of gross proceeds as compensation.","Proceeds for general corporate purposes, including R&D, working capital, and possible acquisitions.","Sales under existing effective shelf registration statement (Form S-3) filed May 1, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-272546","json":"https://secwatch.observer/filing/0001193125-23-272546.json","markdown":"https://secwatch.observer/filing/0001193125-23-272546.md","text":"https://secwatch.observer/filing/0001193125-23-272546.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/0001193125-23-272546-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/d565120d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T15:48:02.372884+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"fa61b81e48013230fccb25be7d828764601612fc","claim":"Alector, Inc. entered into Sales Agreement with Cowen and Company, LLC valued at up to $125,000,000 (effective 2023-11-07).","evidence_excerpt":"On November 7, 2023, Alector, Inc. (the “ Company ”) entered into a Sales Agreement (the “ Sales Agreement ”) with Cowen and Company, LLC (“ TD Cowen ”), pursuant to which the Company may offer and sell from time to time through TD Cowen up to $125,000,000 of shares","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/0001193125-23-272546-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"atm program"},{"label":"Counterparty","value":"Cowen and Company, LLC"},{"label":"Value","value":"up to $125,000,000"},{"label":"Effective","value":"2023-11-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}