JP Morgan and Morgan Stanley are at the helm as joint bookrunners for Astera Labs Inc.’s initial public offering (IPO), with the company planning to float 17,800,000 shares of its common stock.
![A banker walking past the JP Morgan London Office in Canary Wharf. PHOTO: Neil Hall/Reuters](https://krugmaninsights.com/wp-content/uploads/2024/01/5464d4d2eab8eaec4ebb083f-2-e1704702723319.webp)
This offering includes 14,788,903 shares directly from Astera Labs and an additional 3,011,097 shares