Finance Watch: Alumis Launches IPO In Market Less Receptive Than Expected

Offering Grosses Less Than Last VC Round

Public Company Edition: Alumis grosses $250m after it planned to raise up to $317.7m in its IPO. Also, Zealand adds $1bn in a post-data offering, Tectonic and Eliem close $130.7m and $120m private placements to support recent mergers, and Ginkgo cuts 35% of its workforce.

Finance Watch Public Company
• Source: Alamy

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