IPO Boutique keeps apprised of the active pipeline. Currently there are 59 active IPOs in the pipeline as of April 6, 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: MPM Holdings
Symbol: MPMH
Description: Momentive is one of the worlds largest producers of specialty silicones and silanes and a global leader in fused quartz and specialty ceramics products. Their common stock is currently quoted on the OTCQX Marketplace under the symbol MPMQ. The share prices on the OTCQX may not be indicative of the market price of their common stock on a national securities exchange.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): J.P. Morgan, Goldman Sachs & Co.
Co-Manager(s): Credit Suisse, Deutsche Bank Securities, UBS Investment Bank, Wells Fargo Securities, BMO Capital Markets
Filed: 3-30-18
Company: nLIGHT, Inc.
Symbol: LASR
Description: They are a leading provider of high-power semiconductor and fiber lasers.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Stifel, Raymond James
Co-Manager(s): Needham & Co., Canaccord Genuity, D.A. Davidson
Filed: 3-30-18
Listed Cash Raise: $86.25m
Company: HeadHunter Group PLC
Symbol: HHR
Description: They are the leading online recruitment platform in Russia and the Commonwealth of Independent States and focus on connecting job seekers with employers.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Morgan Stanley, Goldman Sachs & Co., Credit Suisse, VTB Capital, BofA Merrill Lynch, Sberbank CIB
Filed: 4-2-18
Listed Cash Raise: $250m
Company: Goosehead Insurance, Inc.
Symbol: GSHD
Description: They are a leading independent personal lines insurance agency, based on personal lines revenue, reinventing the traditional approach to distributing personal lines products and services throughout the United States.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): J.P. Morgan, BofA Merrill Lynch
Co-Manager(s): Keefe Bruyette & Woods, William Blair
Filed: 4-2-18
Listed Cash Raise: $100m
Company: Unity Biotechnology, Inc.
Symbol: UBX
Description: They are looking to develop a broad portfolio of drug candidates to treat the diseases of aging, and they plan to initiate their first clinical study of their lead drug candidate in the first half of 2018.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Goldman Sachs & Co., Morgan Stanley, Citigroup
Co-Manager(s): Mizuho Securities
Filed: 4-5-18
Listed Cash Raise: $85m
TERMS ADDED
Company: Alzheon Inc.
Symbol: ALZH
Description: They are a clinical stage biopharmaceutical company with a Phase 3-ready program in Alzheimers disease and a discovery platform of small molecules for the inhibition of protein misfolding in neurodegenerative disorders.
Trade Date: 4/12
Shares: 5 million
Price Range: $13.00-$15.00
Underwriter(s): Citigroup, Piper Jaffray
Co-Manager(s): Canaccord Genuity, JMP Securities
Terms Added: 4-2-18
Company: Zuora, Inc
Symbol: ZUO
Description: They provide cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business.
Trade Date: 4/12
Shares: 10 million
Price Range: $9.00-$11.00
Underwriter(s): Goldman Sachs & Co., Morgan Stanley, Allen & Company LLC, Jefferies
Co-Manager(s): Canaccord Genuity, Needham & Co.
Terms Added: 4-2-18
Company: GrafTech International Ltd.
Symbol: EAF
Description: They are a leading manufacturer of high quality graphite electrode products essential to the production of electric arc furnace (or EAF) steel and other ferrous and non-ferrous metals.
Trade Date: 4/19
Shares: 37.8 million
Price Range: $21.00-$24.00
Underwriter(s): J.P. Morgan, Credit Suisse, Citigroup, RBC Capital Markets, HSBC
Co-Manager(s): BMO Capital Markets, BNP PARIBAS, CIBC Capital Markets, National Bank Financial
Terms Added: 4-4-18
Company: Vrio Corp
Symbol: VRIO
Description: They are a leading provider of digital entertainment services in South America, with approximately 13.6 million subscribers in the Region as of December 31, 2017.
Trade Date: 4/19
Shares: 29.7 million
Price Range: $19.00-$22.00
Underwriter(s): Goldman Sachs & Co., J.P. Morgan, Citigroup, Morgan Stanley. BofA Merrill Lynch, Barclays, BTG Pactual, Credit Suisse, Deutsche Bank, Itau BBA, Santander, Banco do Brasil Securities, BNP PARIBAS, Bradesco BBI
Co-Manager(s): Academy Securities, Blaylock Van LLC, Cabrera Capital Markets, C.L King & Associates, CastleOak Securities, Drexel Hamilton, Loop Capital Markets, Mischler Financial Group, Ramirez & Co., Siebert Cisneros Shank, The Williams Group L.P.
Terms Added: 4-5-18