02.01.2017 Secondary Announcement-p.m.

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Smart Sand *amendment since this a.m. announcement
Symbol: SND
Price: Last Trade $17.40
Trade Date: 2/2
Shares: 5 million **increased from 4 million
Underwriter(s)Credit Suisse, Goldman Sachs & Co., Jefferies, Simmons & Company, Tudor Pickering Holt & co., Deutsche Bank Securities
Rating=Subscription Needed

Company: Civeo Corporation
Symbol: CVEO
Price: Last trade $3.60
Description: Re-offer range $3.00-$3.10
Trade Date: 2/2
Shares: 20 million
Underwriter(s)RBC Capital Markets
Rating=Subscription Needed

Company: The Bank of N.T. Butterfield & Son Limited-BLOCK
Symbol: NTB
Price: Last trade $33.15
Description: Re-offer $32.75
Trade Date: 2/2
Shares: 375,000
Underwriter(s)Morgan Stanley
Rating=Subscription Needed

Company: Corium International, Inc.
Symbol: CORI
Price: Last trade $3.69
Description: No re-offer range available
Trade Date: 2/2
Shares: TBD
Underwriter(s)Cantor Fitzgerald
Rating=Subscription Needed