---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-080594"
form_type: "8-K"
ticker: "ALAB"
cik: "0001736297"
company_name: "Astera Labs, Inc."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T06:16:26.237597+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Astera Labs closes IPO; 22.77M shares at $36; company raised ~$711M

## Summary
- IPO completed March 22, 2024: 22,770,000 shares sold at $36.00 per share.
- Company sold 19,758,903 shares (including over-allotment), raising ~$711.3M before expenses.
- Selling stockholders sold 3,011,097 shares; company received no proceeds from those.
- All outstanding preferred stock (90,890,650 shares) converted into common on a 1:1 basis pre-IPO.

## SEC filing metadata
- accession: 0001193125-24-080594
- form_type: 8-K
- ticker: ALAB
- cik: 0001736297
- company_name: Astera Labs, Inc.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.02, 3.03, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1736297/000119312524080594/0001193125-24-080594-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1736297/000119312524080594/d800855d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-080594
- JSON: https://secwatch.observer/filing/0001193125-24-080594.json
- Plain text: https://secwatch.observer/filing/0001193125-24-080594.txt

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