Secondaries Announced 6.20.16 – Postmarket

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:      Medgenics, Inc.   
Symbol:       MDGN
Price:        Last Trade $6.25
Description:   Re-offer Range: $5.50-$5.75
Trade Date:    6/21
Shares:        3.6 million
Underwriter(s) Jefferies
Co-Managers:   N/A
Rating = Subscription Needed

Company:      Paratek Pharmaceuticals   
Symbol:       PRTK
Price:        Last Trade $16.54
Description:  Re-offer Range:
Trade Date:   6/22
Shares:        3.75 million
Underwriter(s) Leerink Partners, Guggenheim Securities
Co-Managers:   N/A
Rating = Subscription Needed

Company:      Scynexis   
Symbol:       SCYX
Price:        Last Trade $2.65
Description:  No Re-Offer Available
Trade Date:    6/21
Shares:        TBD
Underwriter(s) Guggenheim Securities
Co-Managers:   N/A
Rating = Subscription Needed

Company:      Communications Sales & Leasing, Inc.  
Symbol:       CSAL
Price:        Last Trade $28.16
Description:  Re-offer Range: $24.00-$26.00
Trade Date:    6/21
Shares:        14.7 million
Underwriter(s) Citigroup, BofA Merrill Lynch, Barclays, Credit Suisse Securities, Goldman Sachs & Co., J.P. Morgan, Wells Fargo Securities
Co-Managers:   N/A
Rating = Subscription Needed