BUZZ-BioAge dips after unveiling planned $75 mln stock sale

Reuters
2026.01.21 13:42
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BioAge Labsshares fell 2% premarket to $20.89 following a planned $75 million stock offering. The Emeryville, California-based biopharma company aims to use the proceeds for research and development of its product candidates, including BGE-102, a small-molecule NLRP3 inhibitor. Goldman Sachs, Piper Sandler, and Citigroup are the joint bookrunners. Despite the dip, BIOA shares have increased nearly 61% since the start of 2026, with one analyst rating it a "strong buy" and others giving hold ratings with price targets between $9-$15.