secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001193125-23-272546
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/0001193125-23-272546-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000119312523272546/d565120d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-272546

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer