IPO Journey

Alamar Biosciences, Inc.

IPO Date: April 17, 2026 · 4 filings tracked

Final Offer Terms

Ticker
ALMR
Exchange
The Nasdaq Global Select Market
Offer Price
$17.00
Shares Offered
11,250,000
Estimated Proceeds
$191.3M
Underwriters

Led by J.P. Morgan, BofA Securities

Filing Timeline

1
S-1
March 27, 2026
  • Proprietary NULISA technology enables ultra-sensitive protein detection for early disease diagnosis.
  • High-growth 'razor-and-blade' business model with recurring revenue from chemical kits.
2
S-1/A
April 13, 2026
  • Proprietary NULISA technology enables ultra-sensitive protein detection for early disease diagnosis.
  • High-growth 'razor-and-blade' business model with recurring revenue from chemical test kits.

Changes from previous filing

  • Exchange: The Nasdaq Global Select Market
  • Expected offer range: $15.0 – $17.0 per share
  • Shares offered: 9,375,000
  • Estimated proceeds: $140M
3
S-1/A
April 16, 2026
  • Rapid revenue growth, nearly tripling from $25.1M in 2024 to $74.2M in 2025.
  • High-adoption 'razor and blade' model with installed base growth from 36 to 102 machines.
424B4 Final Pricing
April 17, 2026
  • Proprietary NULISA technology enables ultra-sensitive protein detection for early disease diagnosis.
  • Strong recurring revenue model driven by high-margin chemical kit consumables.

Changes from previous filing

  • Price range removed
  • Final offer price: $17.0 per share
  • Shares offered: 11,250,000
  • Estimated proceeds: $191M
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