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Codexis prices public offering of 16.7M shares at $1.50 to raise $23.1M for growth and R&D.

Company Fundamentals
23 Jul 2026
GlobeNewsWire
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Neutral
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Codexis, a biotech company specializing in enzymatic solutions for manufacturing oligonucleotide therapeutics, announced it priced a public offering of 16,666,667 shares at $1.50 each. The offering is expected to raise net proceeds of approximately $23.1 million, which Codexis plans to use for working capital, research, development, and general corporate purposes. The offering is set to close around July 27, 2026, with underwriters having the option to purchase an additional 2.5 million shares. This capital raise supports Codexis' efforts to advance its enzymatic manufacturing platform and expand its business activities.

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