IPO Pipeline: New Filings & Updated Terms (Week Ending 11.17.17)

IPO Boutique keeps apprised of the active pipeline. Currently there are 64 active IPOs in the pipeline as of November 17, 2017. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why “looks may be perceiving” when it comes to the IPO pipeline in this article.

NEW FILINGS

Company: TFI TAB Food Investments
Symbol: QSRG
Description: They are one of the world’s largest global restaurant operators by number of restaurants and the largest Restaurant Brands International, or RBI, franchisee globally.
Trade Date: TBD
Underwriter(s): Morgan Stanley, Credit Suisse, Goldman Sachs & Co., Citigroup, J.P. Morgan, Rabo Securities
Filed: 11-13-17
Listed Cash Raise: $400m

Company: LexinFintech Holdings Ltd.
Symbol: LX
Description: They are a leading online consumer finance platform in China in terms of the outstanding principal balance of loans originated on our platform as of June 30, 2017, according to Oliver Wyman.
Trade Date: TBD
Underwriter(s): Goldman Sachs (Asia), BofA Merrill Lynch, Deutsche Bank Securities, China Renaissance
Filed: 11-13-17
Listed Cash Raise: $500m

Company: Denali Therapeutics Inc
Symbol: DNLI
Description: Their goal is to discover and develop therapeutics to defeat degeneration.
Trade Date: TBD
Underwriter(s): Goldman Sachs, J.P. Morgan, Morgan Stanley
Co-Manager(s): Evercore ISI
Filed: 11-13-17
Listed Cash Raise: $100m

Company: AXA Equitable Holdings, Inc.
Symbol: TBD
Description: They are one of America’s leading financial services companies and have helped clients prepare for their financial future with confidence since 1859.
Trade Date: TBD
Underwriter(s): Morgan Stanley, J.P. Morgan
Filed: 11-13-17
Listed Cash Raise: $100m

Company: Odonate Therapeutics, LLC
Symbol: ODT
Description: They are a pharmaceutical company dedicated to the development of best-in-class therapeutics that improve and extend the lives of patients with cancer.
Trade Date: TBD
Underwriter(s): Goldman Sachs, Jefferies
Co-Manager: Cowen
Filed: 11-13-17
Listed Cash Raise: $172.5m

Company: Camposol Holding Plc
Symbol: TBD
Description: They are a fast-growing, vertically-integrated producer of branded and predominantly off-season fresh and healthy food for leading global retailers and wholesalers, with strong operating margins.
Trade Date: TBD
Underwriter(s): BofA Merrill Lynch, UBS Investment Bank, BTG Pactual, Itau BBA
Co-Manager: Interbank
Filed: 11-14-17
Listed Cash Raise: $345m

Company: Hudson Ltd.
Symbol: HUD
Description: Hudson Group, anchored by their iconic Hudson brand, is committed to enhancing the travel experience for over 300,000 travelers every day in the continental United States and Canada.
Trade Date: TBD
Underwriter(s): Credit Suisse, Morgan Stanley, UBS Investment Bank
Filed: 11-14-17
Listed Cash Raise: $100m

Company: Americold Realty Trust
Symbol: COLD
Description: They are the world’s largest owner and operator of temperature-controlled warehouses.
Trade Date: TBD
Underwriter(s): BofA Merrill Lynch, J.P. Morgan, RBC Capital
Filed: 11-14-17

Company: Farmmi, Inc.
Symbol: FAMI
Description: They process and/or sell four categories of agricultural products: Shiitake mushrooms, Mu Er mushrooms, other edible fungi, and other agricultural products.
Trade Date: TBD
Underwriter(s): Viewtrade Securities
Filed: 11-15-17
Listed Cash Raise: $5m

Company: Advantage Insurance Inc.
Symbol: AVI
Description: They are an underwriter of specialty private placement life insurance, or PPLI, for high net worth individuals, or HNWIs, business owners and family groups worldwide through their Life Insurance division.
Trade Date: TBD
Underwriter(s): Raymond James, JMP Securities, B. Riley | FBR
Filed: 11-16-17
Listed Cash Raise: $150m

UPDATED TERMS

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