Septerna is seeking a valuation of $743.1 million in its upsized U.S. initial public offering, the Goldman Sachs-backed drug developer said on Thursday, a sign of upbeat investor sentiment for the capital-intensive sector. https://t.co/Zzfvq5SOwD https://t.co/Zzfvq5SOwD
GPCR-focused biotech Septerna ups proposed deal size by 57% ahead of $275 million IPO $SEPN $IPO #IPO https://t.co/wmp8eKpxuT
Goldman Sachs-backed drug developer Septerna said on Thursday it was seeking a valuation of $743.1 million in its upsized initial public offering in the United States. https://t.co/lPzKXIV8HL https://t.co/lPzKXIV8HL

Several companies are moving forward with their initial public offerings (IPOs), adjusting their pricing and share offerings. Protein-shake maker Applied Nutrition is likely to price its IPO in London toward the bottom of its marketed price range. Chinese kitchen equipment maker Li Bang ($LBGJ) has priced its downsized US IPO at $4, below the initial range. Consumer products firm Synergy CHC ($SNYR) has priced its Nasdaq uplisting at $9, the low end of the range. High Roller is plotting a NYSE IPO at $8 per share. Septerna Inc ($SEPN), backed by Goldman Sachs, has upsized its IPO to 15.27 million shares from 10.937 million shares, with a new price range of $18-$18, aiming for a valuation of $743.1 million and seeking to raise $275 million, indicating strong investor interest in the biotech sector.