Astera Labs
Assembly Line
Astera Labs Announces Launch of Initial Public Offering
Astera Labs, Inc. (“Astera Labs”) announced the launch of its initial public offering of 17,800,000 shares of its common stock. The offering consists of 14,788,903 shares of common stock offered by Astera Labs and 3,011,097 shares of common stock to be sold by certain of Astera Labs’ existing stockholders. Astera Labs will not receive any proceeds from the sale of shares by the selling stockholders.