Oct 7 (Reuters) - BillionToOne filed for an initial
public offering in the United States on Tuesday.
The company's filing comes at a time when U.S. IPO activity
is picking up, reversing a slowdown from earlier in the year,
when trade-policy uncertainty curbed momentum.
The Menlo Park, California-based precision diagnostics
company will list on the Nasdaq under the "BLLN" ticker symbol.
BillionToOne develops molecular diagnostic tests - including
a non-invasive prenatal screen and liquid biopsy - for diseases.
It reported revenue of $125.5 million in the first half of
2025, compared with $69 million in the year-ago period,
according to the IPO filing.
Net loss narrowed to $4.2 million in the six months ended
June 30, from a loss of $15.2 million in the same period last
year.
J.P. Morgan, Wells Fargo and William Blair are among the
underwriters for the offering.