Codexis Announces Pricing of Public Offering of Common Stock

Codexis, Inc. announced the pricing of an underwritten public offering of 16.67 million shares at $1.50 per share, generating approximately $23.1 million in net proceeds. The company plans to use the funds for working capital, research, development, and general corporate purposes. The offering is expected to close on July 27, 2026, with Piper Sandler and Cantor serving as joint bookrunning managers.