New Filings & Updated Terms: Companies rush to IPO ahead of Elections

A total of 11 companies have set terms to debut next week in rush to go public ahead of the US Presidential Election.

NEW FILINGS

Company: Southeastern Grocers, Inc.
Symbol: SEGR
Description: They are a leading regional food retailer based on revenue and number of stores we operate with a long-standing history in the Southeastern United States, serving highly attractive markets throughout Florida, Georgia, Alabama, Louisiana and Mississippi.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): BofA Securities, Goldman Sachs
Co-Manager(s): Deutsche Bank Securities, BMO Capital Markets, Truist Securities, Wells Fargo Securities
Filed: 10-19-20
Listed Cash Raise: $100m

Company: Compass Therapeutics, Inc.
Symbol: CMPX
Description: They are a clinical-stage biopharmaceutical company developing proprietary antibody therapeutics intended to engage the immune system to treat both solid tumors and hematological malignancies
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Citigroup, Credit Suisse, Stifel
Co-Manager(s): Raymond James
Filed: 10-19-20
Listed Cash Raise: $50m

Company: IN8bio, Inc.
Symbol: INAB
Description: They are a clinical-stage biotechnology company focused on developing innovative therapies for the treatment of cancers, including solid tumors, by employing allogeneic, autologous and genetically modified gamma-delta T cells.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Barclays, Cantor, Mizuho
Filed: 10-16-20
Listed Cash Raise: $86.25m

TERMS ADDED

Company: Root, Inc.
Symbol: ROOT
Description: Root is a technology company revolutionizing personal insurance with a pricing model based upon fairness and a modern customer experience.
Shares: 24.2 million
Price Range: $22.00-$25.00
Market Cap: $5.5b-$6.25b
Trade Date: Wednesday, 10/28
Underwriter(s): Goldman Sachs, Morgan Stanley, Barclays, Wells Fargo Securities, Deutsche Bank Securities, Truist Securities, Citigroup, Credit Suisse, Evercore ISI, UBS Investment Bank
Co-Manager(s): Cantor, JMP Securities, Siebert Williams Shank, Huntington Capital
Terms Added: 10-20-20

Company: MediaAlpha, Inc.
Symbol: MAX
Description: Their mission is to help insurance carriers and distributors target and acquire customers more efficiently and at greater scale through technology and data science.
Shares: 9.25 million
Price Range: $18.00-$20.00
Market Cap: $1.06b-$1.2b
Trade Date: Wednesday, 10/28
Underwriter(s): J.P. Morgan, Citigroup, Credit Suisse, RBC Capital Markets, Canaccord Genuity, William Blair
Co-Manager(s): MUFG
Terms Added: 10-20-20

Company: Mavenir plc
Symbol: MVNR
Description: They provide software to drive the digital transformation of mobile networks. Their suite of cloud-native software applications delivers the critical network functionality that allows Wireless Service Providers to meet the needs of their enterprise and consumer customers.
Shares: 13.6 million
Price Range: $20.00-$24.00
Market Cap: $1.6b-$1.9b
Trade Date: Thursday, 10/29
Underwriter(s): Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Barclays, Guggenheim Securities, Macquarie Capital
Co-Manager(s): Needham
Terms Added: 10-21-20

Company: Caliber Home Loans, Inc.
Symbol: HOMS
Description: They are a proven leader in the U.S. mortgage market with a uniquely diversified, customer-centric, purchase-focused platform.
Shares: 23 million
Price Range: $14.00-$16.00
Market Cap: $1.7b-$1.91b
Trade Date: Thursday, 10/29
Underwriter(s): Credit Suisse, Goldman Sachs, Barclays, BofA Securities, Citigroup, UBS Investment Bank, Wells Fargo Securities
Co-Manager(s): Deutsche Bank Securities, Keefe, Bruyette & Woods, Drexel Hamilton, Loop Capital Markets, R. Seelaus & Co., LLC, Tigress Financial Partners
Terms Added: 10-21-20

Company: AmeriHome, Inc.
Symbol: AHM
Description: They are a leading U.S. residential mortgage producer and servicer focused on driving profitable growth across market environments.
Shares: 14.7 million
Price Range: $16.00-$18.00
Market Cap: $1.2b-$1.31b
Trade Date: Thursday, 10/29
Underwriter(s): Credit Suisse Securities, Goldman Sachs, J.P. Morgan Securities, Wells Fargo, Barclays Capital, BofA Securities, RBC Capital Markets
Co-Manager(s): Apollo Global Securities, Houlihan Lokey, Siebert Williams Shank & Co
Terms Added: 10-21-20

Company: Biodesix, Inc.
Symbol: BDSX
Description: They are a leading data-driven diagnostic solutions company leveraging state of the art technologies with our proprietary artificial intelligence (AI) platform to discover, develop, and commercialize solutions for clinical unmet needs, with a primary focus in lung disease.
Shares: 4.2 million
Price Range: $17.00-$19.00
Market Cap: $450m-$502m
Trade Date: Wednesday, 10/28
Underwriter(s): Morgan Stanley, William Blair
Co-Manager(s): Canaccord Genuity, BTIG
Terms Added: 10-21-20

Company: Allegro MicroSystems, Inc.
Symbol: ALGM
Description: Allegro MicroSystems is a leading global designer, developer, fabless manufacturer and marketer of sensor ICs and application-specific analog power ICs enabling the most important emerging technologies in the automotive and industrial markets.
Shares: 25 million
Price Range: $12.00-$14.00
Market Cap: $2.3b-$2.65b
Trade Date: Thursday, 10/29
Underwriter(s): Barclays, Credit Suisse, Wells Fargo
Co-Manager(s): Jefferies, Mizuho Securities, Needham, SMBC Nikko
Terms Added: 10-21-20

Company: Gatos Silver, Inc.
Symbol: GATO
Description: They are a U.S.-based precious metals production, development and exploration company with the objective of becoming a premier silver producer.
Shares: 18.75 million
Price Range: $7.00-$9.00
Market Cap: $378m-$485m
Trade Date: Wednesday, 10/28
Underwriter(s): BMO Capital, Goldman Sachs, RBC Capital
Co-Manager(s): Canaccord Genuity, CIBC
Terms Added: 10-16-20

Company: Galecto, Inc.
Symbol: GLTO
Description: They are a clinical-stage biotechnology company developing therapeutics that are designed to target the biological processes that lie at the heart of fibrosis and impact a broad range of fibrotic and related diseases, including cancer.
Shares: 5.67 million
Price Range: $14.00-$16.00
Market Cap: $344m-$393m
Trade Date: Thursday 10/29
Underwriter(s): BofA Securities, SVB Leerink, Credit Suisse
Co-Manager: Kempen
Terms Added: 10-22-20

Company: Leslie’s, Inc.
Symbol: LESL
Description: They are the largest and most trusted direct-to-consumer brand in the nearly $11 billion United States pool and spa care industry, serving residential, professional, and commercial consumers.
Shares: 40 million
Price Range: $14.00-$16.00
Market Cap: $2.6b-$3.0b
Trade Date: Thursday, 10/29
Underwriter(s): Goldman Sachs, Morgan Stanley, BofA Securities
Co-Manager(s): Jefferies, Nomura, Baird, Guggenheim, Piper Sandler, William Blair, Telsey Advisory Group, Loop Capital, Ramirez & Co., AmeriVet Securities
Terms Added: 10-22-20

Company: Lufax Holding Ltd
Symbol: LU
Description: They are a leading technology-empowered personal financial services platform in China.
Shares: 175 million ADSs
Price Range: $11.50-$13.50
Market Cap: $28.1b-$33.0b
Trade Date: Friday 10/30
Underwriter(s): Goldman Sachs, BofA Securities, UBS Investment Bank, HSBC, China PA Securities (Hong Kong) Company Limited, Morgan Stanley, CLSA. Jefferies
Co-manager(s): J.P. Morgan, BOCI, Haitong International, Stifel, China Renaissance, KeyBanc Capital Markets
Terms Added: 10-22-20