New Filings & Updated Terms (Ending 3.30.18)

IPO Boutique keeps apprised of the active pipeline. Currently there are 55 active IPOs in the pipeline as of March 30, 2018. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why “looks may be perceiving” when it comes to the IPO pipeline in this article.

NEW FILINGS

 

Company: Pivotal Software, Inc.
Symbol: TBD
Description: They provide a leading cloud-native platform that makes software development and IT operations a strategic advantage for their customers.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Morgan Stanley, Goldman Sachs & Co., Citigroup
Co-Manager(s): BofA Merrill Lynch, Barclays, Credit Suisse, RBC Capital, UBS Investment Bank, Wells Fargo Securities, KeyBanc Capital Markets, William Blair
Filed: 3-23-18
Listed Cash Raise: $100m.

Company: Surface Oncology, Inc.
Symbol: SURF
Description: They are a clinical-stage immuno-oncology company focused on using our specialized knowledge of the biological pathways critical to the immunosuppressive tumor microenvironment, or the TME, for the development of next-generation cancer therapies.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Goldman Sachs, Cowen, Evercore ISI
Filed: 3-23-18
Listed Cash Raise: $75m

Company: Mereo Biopharma Group plc
Symbol: MREO
Description: They are a multi-asset biopharmaceutical company focused on the acquisition, development, and commercialization of innovative therapeutics that aim to improve outcomes for patients with rare and specialty diseases. This is an IPO of the company’s ADSs. Their ordinary shares trade on AIM, a market of the London Stock Exchange, under the symbol MPH.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Cowen, BMO, RBC Capital
Co-Manager(s): JMP Securities, Cantor Fitzgerald (Europe)
Filed: 3-23-18
Listed Cash Raise: $80.5m

Company: FirstCaribbean International Bank Limited
Symbol: FCI
Description: They are a leading financial institution operating throughout the English and Dutch-speaking Caribbean with a strong balance sheet and regionally-leading digital banking capabilities.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Barclays, UBS Investment Bank, CIBC Capital Markets
Co-Manager(s): Keefe Bruyette & Woods, Raymond James, Sandler O’Neill + Partners, Wells Fargo Securities
Filed: 3-23-18
Listed Cash Raise: $100m

Company: Bioceres S.A.
Symbol: BIOX
Description: They are a fully-integrated provider of crop productivity solutions, including seeds, seed traits, seed treatments, biologicals, high-value adjuvants and fertilizers.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Jefferies, Piper Jaffray, Santander
Co-Manager: Mirabaud Securities
Filed 3-23-18
Listed: Cash Raise: $100m
Note: Previously Postponed in February

Company: Ceridian HCM Holding Inc.
Symbol: TBD
Description: Ceridian is a global human capital management software company.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs & Co, J.P. Morgan, Credit Suisse, Deutsche Bank Securities, Barclays, Citigroup, Jefferies, CIBC Capital Markets, Wells Fargo Securities
Co-Manager: Baird, Canaccord Genuity, Piper Jaffray, William Blair, MUFG
Filed 3-26-18
Listed: Cash Raise: $200m

Company: Smartsheet Inc.
Symbol: TBD
Description: They are a leading cloud-based platform for work execution, enabling teams and organizations to plan, capture, manage, automate, and report on work at scale, resulting in more efficient processes and better business outcomes.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Morgan Stanley, J.P. Morgan, Jefferies, RBC Capital
Co-Manager: Canaccord Genuity, William Blair, SunTrust Robinson Humphrey
Filed 3-26-18
Listed: Cash Raise: $100m

Company: ASLAN Pharmaceuticals Limited
Symbol: ASLN
Description: They are a clinical-stage oncology-focused biopharmaceutical company based in Singapore developing novel therapeutics for global markets. We target diseases that are both highly prevalent in Asia and orphan indications in the United States and Europe.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Leerink Partners, Piper Jaffray
Co-Manager: BTIG, H.C. Wainwright & Co., CLSA
Filed 3-26-18
Listed: Cash Raise: $86.25m

Company: CLPS Incorporation
Symbol: CLPS
Description: They are are a global information technology, consulting and solutions service provider focused on delivering services to global institutions in banking, insurance and financial sectors, both in China and globally.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Benchmark, Cuttone & Co.
Filed 3-27-18
Listed: Cash Raise: $14.375m

Company: DocuSign, Inc.
Symbol: DOCU
Description: DocuSign accelerates the process of doing business for companies, and simplifies life for their customers and employees.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Morgan Stanley, J.P. Morgan, Citigroup, BofA Merrill Lynch, Deutsche Bank Securities
Co-Manager(s): JMP Securities, Piper Jaffray, William Blair
Filed 3-27-18
Listed: Cash Raise: $100m