---
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"
generated_at: "2026-06-08T15:48:02.372884+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Alector signs $125M ATM equity sales agreement with TD Cowen

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-272546
- JSON: https://secwatch.observer/filing/0001193125-23-272546.json
- Plain text: https://secwatch.observer/filing/0001193125-23-272546.txt

## Key facts
- Material Agreements
  Alector, Inc. entered into Sales Agreement with Cowen and Company, LLC valued at up to $125,000,000 (effective 2023-11-07).
  - Action: entry
  - Agreement: atm program
  - Counterparty: Cowen and Company, LLC
  - Value: up to $125,000,000
  - Effective: 2023-11-07
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/0001193125-23-272546-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.