Septerna files for IPO of 15 million shares at $18 each

Septerna (SEPN) has filed for an initial public offering (IPO) of 15,277,778 shares at a price of $18 per share.

Septerna files for IPO of 15 million shares at $18 each

This move marks an important step for the company on its path to becoming a public company. An IPO, or initial public offering, is the process by which a private company offers its shares to the public on the stock market for the first time. Septerna's price of $18 per share will determine the company's initial market value. Interested investors will be able to purchase the shares at the price once the IPO goes live.

Focus on price movements

It is important to note that the success of the IPO will depend on investor demand and market conditions at the time of launch. Investors should conduct careful due diligence and consider potential risks before participating in this or any other initial public offering.