TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  Benzinga

BillionToOne Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

Benzinga Logo Benzinga By Globe Newswire
BillionToOne Announces Closing of Upsized Initial Public Offering and Full Exercise of Underwriters' Option to Purchase Additional Shares

BillionToOne, a molecular diagnostics company, successfully completed its initial public offering (IPO) on the Nasdaq Global Select Market, raising approximately $314.0 million by selling 5,233,765 shares of Class A common stock at $60.00 per share.

Insights
AVGO   positive

Mentioned as a Magnificent Seven-adjacent stock in the ETF's top holdings


BLLN   positive

Successfully completed an upsized IPO, raising significant capital ($314.0 million), which indicates strong investor confidence and potential for future growth in molecular diagnostics technology