IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis.
If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today!
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period.
Company: Catalyst Pharmaceuticals
Symbol: CPRX
Price: Last trade $3.61
Trade Date: 11/28
Shares: 11 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Piper Jaffray, SunTrust Robinson
Description: Catalyst Pharmaceuticals is a biopharmaceutical company focused on developing and commercializing innovative therapies for people with rare debilitating, chronic neuromuscular and neurological diseases, including Lambert-Eaton myasthenic syndrome, congenital myasthenic syndromes, MuSK antibody positive myasthenia gravis, and infantile spasms. Firdapse has received Breakthrough Therapy Designation from the U.S. Food and Drug Administration for the treatment of LEMS and Orphan Drug Designation for LEMS, CMS and myasthenia gravis.
Rating = Subscription Needed
Company: Ardmore Shipping
Symbol: ASC
Price: Last Trade $8.80
Trade Date: 11/28
Shares: 5.57 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Morgan Stanley
Description: Ardmore owns and operates a fleet of mid-size product and chemical tankers ranging from approximately 25,000 Dwt to 50,000 Dwt. Ardmore provides seaborne transportation of petroleum products and chemicals worldwide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of tankers.
Rating = Subscription Needed
Company: Gray Television
Symbol: GTN
Price: Last Trade $16.20
Trade Date: 11/30
Shares: 15 million
Underwriter(s) : Wells Fargo
Description: Gray owns and/or operates over 100 television stations across 57 television markets that collectively broadcast over 200 program streams including over 100 channels affiliated with the CBS Network, the NBC Network, the ABC Network and the FOX Network.
Rating = Subscription Needed
Company: Aratana Therapeutics, Inc.
Symbol: PETX
Price: Last Trade $7.23
Trade Date: 11/29
Shares: 4.9 million ($35m cash raise)
Underwriter(s) : Barclays, Credit Suisse
Description: They are a pet therapeutics company, focuses on the licensing, development, and commercialization of therapeutics for dogs and cats in the United States and Belgium.
Rating = Subscription Needed
Company: Venator Materials PLC
Symbol: VNTR
Price: Last Trade $23.16
Trade Date: 11/30
Shares: 18 million
Underwriter(s) : BofA Merrill Lynch, Citigroup, Goldman Sachs, J.P. Morgan
Description: Venator is a leading global manufacturer and marketer of chemical products that improve the quality of life for downstream consumers and promote a sustainable future.
Rating = Subscription Needed
Company: Medpace Holdings, Inc.
Symbol: MEDP
Price: Last Trade $36.14
Trade Date: 12/1
Shares: 4 million
Underwriter(s): Jefferies, Credit Suisse
Description: Medpace is a scientifically-driven, global, full-service clinical contract research organization (CRO) providing Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries.
Rating = Subscription Needed
Company: Enstar Group Limited – Block
Symbol: ESGR
Price: Last Trade $226.90
Trade Date: 11/28
Shares: 0.2 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Barclays
Description: Enstar Group Limited acquires and manages insurance and reinsurance companies and portfolios of insurance and reinsurance business in run-off. It operates in four segments: Non-Life Run-Off, Atrium, StarStone, and Life and Annuities.
Rating = Subscription Needed
Company: IQVIA Holdings, Inc. – Block
Symbol: IQV
Price: Last Trade $102.55
Trade Date: 11/28
Shares: 10 million
Re-Offer Range: Subscription Needed
Underwriter(s) : Morgan Stanley
Description: The company is a leading global provider of information, innovative technology solutions and contract research services focused on using data and science to help healthcare clients find better solutions for their patients.
Rating = Subscription Needed
Company: SMART Global Holdings, Inc.
Symbol: SGH
Price: Last Trade $36.69
Trade Date: 11/30
Shares: 3.26 million
Underwriter(s) : Barclays, Deutsche Bank, Jefferies, Stifel
Co-Manager(s); Needham & Co., Roth Capital
Description: SMART Global Holdings, Inc. designs, manufactures, and supplies specialty memory solutions worldwide.
Rating = Subscription Needed