IPO Filings, Terms continue to roll in as rush to “go public” continues ahead of US election

A look at the new filings & IPOs that updated terms over the last seven days.

NEW FILINGS

Company: Spruce Biosciences, Inc.
Symbol: SPRB
Description: They are a late-stage biopharmaceutical company focused on developing and commercializing novel therapies for rare endocrine disorders with significant unmet medical need.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Cowen, SVB Leerink, Credit Suisse, RBC Capital
Filed:9-18-20
Listed Cash Raise: $86.25m

Company: Kronos Bio, Inc.
Symbol: KRON
Description: They are a clinical-stage biopharmaceutical company dedicated to the discovery and development of novel cancer therapeutics designed to transform patient outcomes through a precision medicine strategy by targeting dysregulated transcription.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, Jefferies, Cowen, Piper Sandler
Filed: 9-18-20
Listed Cash Raise: $100m

Company: Shattuck Labs, Inc.
Symbol: STTK
Description: They are an innovative clinical-stage biotechnology company pioneering the development of dual-sided fusion proteins as an entirely new class of biologic medicine.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Citigroup, Cowen, Evercore ISI
Co-Manager(s): Needham & Company
Filed: 9-18-20
Listed Cash Raise: $100m

Company: Array Technologies, Inc.
Symbol: ARRY
Description: They are one of the world’s largest manufacturers of ground-mounting systems used in solar energy projects.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, J.P. Morgan, Guggenheim Securities, Morgan Stanley, Credit Suisse, Barclays, UBS Investment Bank
Filed: 9-22-20
Listed Cash Raise: $100m

Company: MINISO Group Holding Limited
Symbol: MNSO
Description: They are a fast-growing global value retailer offering a variety of design-led lifestyle products.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, BofA Securities
Filed: 9-23-20
Listed Cash Raise: $100m

Company: Spinal Elements Holdings, Inc.
Symbol: SPEL
Description: They are a medical device company focused on the design, development and commercialization of a comprehensive portfolio of systems, products and technologies for spine surgery procedures, with a strategic focus on minimally invasive surgery (“MIS”) procedures.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Credit Suisse, Baird, Stifel
Co-Manager(s): Truist Securities, BTIG, Siebert Williams Shank
Filed: 9-23-20
Listed Cash Raise: $100m

Company: Opthea Limited
Symbol: OPT
Description: They are a clinical stage biopharmaceutical company developing a novel therapy for the treatment of highly prevalent and progressive retinal diseases
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Citigroup, SVB Leerink
Co-Manager(s): Truist Securities, Oppenheimer & Co
Filed: 9-24-20
Listed Cash Raise: $150m

TERMS ADDED

Company: Immunome Inc.
Symbol: IMNM
Description: They are a biopharmaceutical company utilizing our proprietary human memory B cell platform to discover and develop first-in-class antibody therapeutics designed to change the way diseases are currently being treated.
Shares: 2.5 million
Price Range: $11.00-$13.00
Market Cap: $102m-$121m
Trade Date: TBD
Underwriter(s): Ladenburg Thalmann, Chardan
Terms Added: 9-24-20

Company: Lixiang Education Holding Co., Ltd.
Symbol: LXEH
Description: They are a prominent private primary and secondary education service provider in Lishui City, Zhejiang Province.
Shares: 3.33 million ADSs
Price Range: $9.00-$11.00
Market Cap: $120m-$147m
Trade Date: TBD
Underwriter(s): AMTD
Co-Manager: Loop Capital
Terms Added: 9-24-20

Company: Pulmonx Corporation
Symbol: LUNG
Description: They are a commercial-stage medical technology company that provides a minimally invasive treatment for patients with severe emphysema, a form of chronic obstructive pulmonary disease (COPD).
Shares: 6.67 million
Price Range: $14.00-$16.00
Market Cap: $430m-$491m
Trade Date: Thursday, 10/1
Underwriter(s): BofA Securities, Morgan Stanley
Co-Manager: Stifel, Wells Fargo Securities, Canaccord Genuity
Terms Added: 9-24-20

Company: Chindata Group Holdings Limited
Symbol: CD
Description: They are the leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets, focusing on the China, India and Southeast Asia markets.
Shares: 40 million ADSs
Price Range: $15.00-$17.00
Market Cap: $5.4b-$6.1b
Trade Date: Wednesday, 9/30
Underwriter(s): Morgan Stanley, Citigroup
Co-Manager: UBS Investment Bank, China Renaissance
Terms Added; 9-23-20

Company: Academy Sports and Outdoors, Inc.
Symbol: ASO
Description: They are one of the leading full-line sporting goods and outdoor recreation retailers in the United States.
Shares: 15.625 million
Price Range: $15.00-$17.00
Trade Date: Friday, 10/2
Market Cap: $1.32b-$1.5b
Underwriter(s): Credit Suisse, J.P. Morgan, KKR, BofA Securities, Evercore ISI, Guggenheim Securities, UBS Investment Bank, Wells Fargo Securities
Co-Manager(s): Stephens Inc., Capital One Securities, Loop Capital Markets, CastleOak Securities, L.P. Blaylock Van, Cabrera Capital Markets, Ramirez & Co., R. Seelaus & Co.
Terms Added: 9-23-20

Company: Yalla Group Limited
Symbol: YALA
Description: They are the largest voice-centric social networking and entertainment platform in MENA as measured by revenue in 2019, according to the Frost & Sullivan Report.
Shares: 18.6 million ADSs
Price Range: $7.00-$9.00
Market Cap: $1.0b-$1.3b
Trade Date: Wednesday, 9/30
Underwriter(s): Morgan Stanley, Haitong International
Co-Manager: Tiger Global
Terms Added: 9-23-20

Company: Boqii Holding Limited
Symbol: BQ
Description: They are the largest pet-focused platform in China, in terms of revenue in 2019 and number of customers as of December 31, 2019, according to Frost & Sullivan.
Shares: 7 million ADSs
Price Range: $10.00-$12.00
Market Cap: $907m-$1.1b
Trade Date: Week of 9/28
Underwriter(s):Roth Capital Partners, CMBI, Valuable Capital Limited
Terms Added: 9-22-20
Note: Each ADSs = 0.75 ordinary shares

Company: Mission Produce, Inc.
Symbol: AVO
Description: They are a world leader in sourcing, producing and distributing fresh avocados, serving retail, wholesale and foodservice customers in over 25 countries.
Shares: 9.375 million
Price Range: $15.00-$17.00
Market Cap: $1.05b-$1.2b
Trade Date: Thursday, October 1
Underwriter(s): BofA Securities, J.P. Morgan, Citigroup
Co-Manager: Roth Capital Partners, Stephens Inc., D.A. Davidson & Co.
Terms Added: 9-22-20