By Colin Kellaher
Alamar Biosciences on Thursday said it plans to sell nearly 9.4 million shares at between $15 and $17 apiece in its initial public offering.
At the $16 midpoint of that range, the Fremont, Calif., proteomics company said it expects net proceeds of about $133.2 million, or roughly $154.1 million if the underwriters exercise an option to buy an additional 1.41 million shares.
Alamar said it would have about 66.3 million shares outstanding after the IPO, assuming an exercise of the overallotment option, for a market capitalization of roughly $1.06 billion at the $16-a-share pricing midpoint.
The company said it has applied to list its shares on the Nasdaq Global Select Market under the symbol ALMR.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
April 16, 2026 10:41 ET (14:41 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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