Sept 25 (Reuters) - BioAge Labs is eyeing a valuation of
up to $639.7 million in its upsized initial public offering in
the United States, the obesity drug developer said on Wednesday,
in a sign of strong demand from investors.
The Richmond, California-based company is now seeking to
raise as much as $199.5 million by offering 10.5 million shares
at $17 to $19 each.
The company had earlier planned on offering 7.5 million
shares at the same price range.
BioAge Labs will list on the Nasdaq Global Market under the
symbol "BIOA".
Goldman Sachs, Morgan Stanley, Jefferies and Citigroup are
the underwriters for the offering.