Pipeline Update: Handful of Companies Amend Filings

The IPO Market has called it quits for the year, however, there have been a handful of companies that have refreshed their prospectuses with the SEC which could pave the way for a 1Q2023 IPO. Technically, there are 44 IPOs that are currently “active” in the pipeline as of this morning.

NEW FILINGS (Amended Prospectuses)

Company: Clarios International Inc.
Symbol: BTRY (NYSE)
Description: Clarios is one of the world’s largest suppliers of energy storage solutions.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: BMO Capital Markets
Link to Prospectus: Filed: 12-14-22
Note: IPO was postponed in July 2021

Company: Turo Inc.
Symbol: TURO (NYSE)
Description: Turo is the world’s largest car sharing marketplace where guests can book any car they want, wherever they want it, from a vibrant community of trusted hosts.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Morgan Stanley, J.P. Morgan, Allen & Co., Citigroup
Co-Manager(s): Cowen, D.A. Davidson & Co., Wolfe | Nomura Alliance, LionTree, Loop Capital Markets, Ramirez & Co., Siebert Williams Shank
Link to Prospectus:Amended Prospectus: 12-14-22
Listed Cash Raise: $100m

Company: SmartStop Self Storage REIT, Inc.
Symbol: SMST (NYSE)
Description: They are a premier owner and operator of self storage facilities in the United States and Canada.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Citigroup, Wells Fargo, KeyBanc Capital, BMO Capital Markets
Link to Prospectus: Amended Prospectus: 12-12-22

Company: BKV Corporation
Symbol: BKV (NYSE)
Description: They are a forward thinking, growth driven energy company focused on creating value for our stockholders through the organic development of our properties as well as accretive acquisitions.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Credit Suisse, BofA Securities, Barclays, Citigroup, Evercore ISI, Jefferies
Co-Manager(s): TPH & Co., Susquehanna Financial Group, SMBC Nikko
Link to Prospectus: Amended Prospectus: 12-09-22

Company: REV Renewables, Inc.
Symbol: RVR (Nasdaq)
Description: They are a leader in the development, acquisition, ownership, and operation of energy storage and renewables generation assets in the United States.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Morgan Stanley, Goldman Sachs, RBC Capital, BofA Securities, Citigroup, BMO Capital, Evercore ISI, Wolfe Nomura Alliance
Co-Manager(s): BNP PARIBAS, Capital One Securities, East West Markets LLC, ING, Mizuho Securities, Ramirez & Co., Siebert Williams Shank, SMBC Nikko
Link to Prospectus: Amended Prospectus: 12-09-22

TERMS ADDED

NONE AT THIS TIME