secwatch.observer — SEC 8-K summary
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Issuer:     Astera Labs, Inc. (ALAB)
CIK:        0001736297
Form:       8-K
Filed at:   2024-03-28T23:59:59+00:00
Accession:  0001193125-24-080594
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 3.02, 3.03, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1736297/000119312524080594/0001193125-24-080594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1736297/000119312524080594/d800855d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-080594

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