Bioage Labs IPO Indicating $34.97/Share On 102,099 Shares; IPO Priced At $18/Share On 11M Shares
Portfolio Pulse from Benzinga Newsdesk
Bioage Labs has announced its IPO, pricing shares at $18 each for a total of 11 million shares. However, the indication price is significantly higher at $34.97 per share for 102,099 shares.
September 26, 2024 | 2:27 pm
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Bioage Labs' IPO is priced at $18 per share for 11 million shares, but the indication price is $34.97 for a smaller batch of 102,099 shares, suggesting strong demand.
The significant difference between the IPO price and the indication price suggests strong market demand, which could lead to a positive short-term price movement for Bioage Labs' stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100