1/30/17 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: Rigel Pharmaceuticals
Symbol: RIGL
Price: Last trade $2.08
Description: Re-offer $2.00
Trade Date: 1/31
Shares: 17.5 million
Underwriter(s)Jefferies, Piper Jaffray, BMO Capital Markets
Rating=Subscription Needed

Company: Taylor Morrison
Symbol: TMHC
Price: Last trade $20.96
Trade Date: 2/1
Shares: 10 million
Underwriter(s)J.P. Morgan, Citigroup, Credit Suisse, Deutsche Bank Securities, BofA Merrill Lynch, Goldman Sachs, Wells Fargo Securities, Zelman Partners LLC
Co Manager(s)HSBC Securities, TPG Capital BD, LLC, Comerica Securities
Rating=Subscription Needed

Company: Summit Midstream Partners, LP-BLOCK
Symbol: SMLP
Price: Last trade $26.15
Description: Re-offer range $24.00-$25.00
Trade Date: 1/31
Shares: 4 million
Underwriter(s)Barclays
Rating=Subscription Needed

Company: First Hawaiian Bank
Symbol: FHB
Price: Last Trade $32.98
Trade Date: 2/1
Shares: 25 million
Underwriter(s) Goldman, Sachs & Co., BofA Merrill Lynch, J.P. Morgan, BNP Paribas, Barclays, Citigroup, Credit Suisse, Deutsche Bank Securities
Co-Managers: Keefe Bruyette & Woods
Rating=Subscription Needed