Alpha Teknova to raise $15.4M via private placement

Alpha Teknova (NASDAQ:TKNO) said on Friday that it was announcing a private placement of up to 12.39 million units at $1.24 per unit, for expected gross proceeds of approximately $15.4 million.
The company intends to use the net proceeds from the private placement for general corporate purposes.
The financing is expected to close on or about July 12, 2024.