secwatch.observer — SEC 8-K summary
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Issuer:     Alector, Inc. (ALEC)
CIK:        0001653087
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001193125-26-212426
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alector enters $125M ATM equity facility with TD Cowen
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- May sell up to $125M of common stock from time to time through TD Cowen in at-the-market offerings.
- TD Cowen will receive up to 3.0% of gross proceeds per share sold; no minimum sales obligation.
- Proceeds intended for general corporate purposes, including R&D, manufacturing, and working capital.
- Offered under effective shelf registration statement S-3 (File 333-294241) declared effective April 30, 2026.
- Company may terminate agreement with 10 days' notice; contains standard representations and indemnities.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1653087/000119312526212426/0001193125-26-212426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1653087/000119312526212426/d910893d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-212426

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