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Nvidia-backed Iambic Therapeutics targets up to $806 million valuation in US IPO

The biotech plans to sell 9.38 million shares and could be valued at up to $805.8 million at the top of the range.

Summary by WTVB
Oct 8 (Reuters) - Iambic Therapeutics, which is backed by Nvidia, is aiming to raise as much as $159.4 million in its US IPO, ​a regulatory filing showed on Thursday, ‌as biotech companies remain a bright spot in an otherwise subdued IPO market. At the...

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WTVB broke the news on Thursday, October 8, 2026.
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