Teknova Announces Pricing of $40 Million Public Offering of Common Stock

Alpha Teknova (TKNO) announced the pricing of an underwritten public offering of 8 million shares at $5.00 per share, generating $40 million in gross proceeds. The offering is expected to close on October 22, 2026. Teknova intends to use net proceeds for general corporate purposes, including potential debt repayment and strategic acquisitions.