Allakos Discloses That Alta PArtners NextGen Fund Will Distribute 1M Shares Of Co.'s Common Stock To Their Limited Partners

Allakos Inc. (the “Company”) has been advised that Alta Partners NextGen Fund I, L.P. (together with Alta Partners VIII, L.P., the “Alta Funds”) will distribute an aggregate of 1,000,000 shares of

Benzinga · 01/23/2020 13:08

Allakos Inc. (the “Company”) has been advised that Alta Partners NextGen Fund I, L.P. (together with Alta Partners VIII, L.P., the “Alta Funds”) will distribute an aggregate of 1,000,000 shares of the Company’s common stock previously owned by them to their limited partners.  Following the distribution, the Alta Funds will continue to hold an aggregate of 10,519,200 shares of the Company’s Common Stock.