Codexis raises ~$23.1M in public offering of 16.7M shares at $1.50/share

CODEXIS, INC.

Issued 16,666,667 shares of common stock at $1.50 per share in an underwritten public offering.
Net proceeds of approximately $23.1 million after underwriting discounts and offering expenses.
Underwriters granted a 30-day option to purchase up to 2,500,000 additional shares.
Directors and executive officers subject to 90-day lock-up on stock sales without underwriter consent.
Offering closed on July 27, 2026; Piper Sandler and Cantor Fitzgerald acted as representatives.

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