New IPO Filings & Updated Terms — Week ending 4.28.17

New Filings and Updated Terms (4.28.17)

NEW FILINGS

Company: TPG RE Finance Trust, Inc.
Symbol: TRTX
Price: TBD
Description: They are a commercial real estate finance company sponsored by TPG. We directly originate, acquire and manage commercial mortgage loans and other commercial real estate-related debt instruments for our balance sheet.
Trade Date: TBD
Shares: TBD
Underwriter(s): Morgan Stanley, Goldman Sachs & Co., Barclays
Filed: 4-25-17
Listed Cash Raise: $100m

Company: Appian Corporation
Symbol: APPN
Price: TBD
Description: Appian provides a leading low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications.
Trade Date: TBD
Shares: TBD
Underwriter(s): BofA Merrill Lynch, Citigroup, Goldman Sachs & Co., Wells Fargo Securities
Co-Manager(s): Pacific Crest Securities, Canaccord Genuity, Cowen and Company
Filed: 4-27-17
Listed Cash Raise: $86.25m

TERMS ADDED

Company: Antero Midstream GP LP
Symbol: AMGP
Price: $22.00-$25.00
Description: They are a Delaware limited partnership that will elect to be treated as a corporation for U.S. federal income tax purposes. We own the general partner of Antero Midstream Partners LP (NYSE: AM) (“Antero Midstream”) and all of the incentive distribution rights in Antero Midstream.
Trade Date: 5/4
Shares: 37.25 million
Underwriter(s): Morgan Stanley, Barclays, J.P. Morgan, Baird, Citigroup, Goldman Sachs & Co., Wells Fargo Securities
Co Manager(s): Credit Suisse, D.A. Davidson & Co., Evercore ISI, Janney Montgomery Scott, Ladenburg Thalmann, MUFG, Raymond James, Scotia Howard Weil, Tudor Pickering Holt & Co.
Terms Added: 4-24-17

Company: UroGen Pharma
Symbol: URGN
Price: $12.00-$14.00
Description: They are a clinical stage biopharmaceutical company focused on developing novel therapies designed to change the standard of care for urological pathologies.
Trade Date: 5/4
Shares: 3.46 million
Underwriter(s): Jefferies, Cowen and Company
Co-Manager(s): Raymond James, Oppenheimer & Co
Terms Added: 4-24-17

Company: Biohaven Pharmaceutical Holding Company Ltd.
Symbol: BHVN
Price: $14.00-$16.00
Description: They are a clinical-stage biopharmaceutical company with a portfolio of innovative, late-stage product candidates targeting neurological diseases, including rare disorders.
Trade Date: 5/4
Shares: 8.33 million
Underwriter(s): Morgan Stanley, Piper Jaffray, Barclays
Co-Manager(s): William Blair, Needham & Company
Terms Added: 4-24-17

Company: Liberty Oilfield Services Inc.
Symbol: BDFC
Price: $16.00-$19.00
Description: They are a rapidly growing independent provider of hydraulic fracturing services to onshore oil and natural gas exploration and production (E&P) companies in North America.
Trade Date: 5/4
Shares: 22.86 million
Underwriter(s): Morgan Stanley, Goldman Sachs & Co., Wells Fargo Securities, Citigroup, J.P. Morgan, Evercore ISI
Co Manager(s): Simmons & Company International Energy Specialists of Piper Jaffray, Tudor Pickering Holt & Co., Houlihan Lokey, Intrepid Partners, Petrie Partners Securities, SunTrust
Robinson Humphrey
Terms Added: 4-24-17

Company: Five Point Holdings
Symbol: FPC
Price: $18.00-$20.00
Description: They are the largest owner and developer of mixed-use, master-planned communities in coastal California, based on the total number of residential homesites permitted to be built under existing entitled zoning.
Trade Date: 5/10
Shares: 21 million
Underwriter(s): Citigroup, J.P. Morgan, RBC Capital Markets, Wells Fargo Securities
Co-Manager(s): Deutsche Bank Securities, Evercore ISI, Zelman Partners LLC, JMP Securities
Terms Added: 4-24-17

Company: The Mota Group
Symbol: MOTA
Price: $9.99-$9.99***
Description: They design, manufacture and market consumer products…including recreational and commercial drones, smart wearables and innovative mobile accessories for smartphone and camera users.
Trade Date: TBD
Shares: 650 thousand
Underwriter(s): Joseph Gunnar & Co., Axiom Capital
Terms Added: 4-25-17
***The warrants have an exercise price of $12.49 per share or 125% of the common stock public offering price and expire five years from the date of issuance.***

Company: Ovid Therapeutics Inc.
Symbol: OVID
Price: $15.00-$17.00
Description: They are a biopharmaceutical company focused exclusively on developing impactful medicines for patients and families living with rare neurological disorders.
Trade Date: 5/5
Shares: 5 million
Underwriter(s): Citigroup, Cowen and Company
CoManager(s): William Blair, JMP Securities
Terms Added: 4-24-17

Company: KKR Real Estate Finance Trust, Inc.
Symbol: KREF
Price: $20.50-$21.50
Description: KREF is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets.
Trade Date: 5/5
Shares: 10 million
Underwriter(s): Wells Fargo Securities, Morgan Stanley, KKR, Barclays, Goldman Sachs & Co., J.P. Morgan
Co-Manager(s): Keefe Bruyette & Woods
Terms Added: 4-26-17

Company: A.S.V., LLC
Symbol: ASV
Price: $8.00-$10.00
Description: They design and manufacture a broad range of high quality compact track loader and skid steer loader equipment, marketed through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands.
Trade Date: Week of 5/8
Shares: 3.8 million
Underwriter(s): Roth Capital Partners
Co-Manager(s): Seaport Capital
Terms Added: 4-26-17