IPO

Company: Bluegreen Vacations Corporation Symbol: BXG Description: They are a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in top leisure and urban destinations. Shares: 6.5 million Price Range: $16.00-$18.00 Trade Date: 11/17 Underwriter(s): Stifel, Credit Suisse Co-Manager(s): BofA Merrill Lynch, SunTrust Robinson Humphrey Terms Added: 11-7-17 Link to[…]

Company: SendGrid, Inc. Symbol: SEND Description: They are a leading digital communication platform, enabling businesses to engage with their customers via email reliably, effectively and at scale. Shares: 7.7 million Price Range: $13.50-$15.50 Trade Date: 11/15 Underwriter(s): Morgan Stanley, J.P. Morgan Co-Manager(s): William Blair, KeyBanc Capital Markets, Piper Jaffray, Stifel Filed 11-2-17 Link to S-1/A[…]

Company: Arsanis, Inc. Symbol: ASNS Description: They are a clinical-stage biopharmaceutical company focused on applying monoclonal antibody immunotherapies to address serious infectious diseases. Shares: 3.125 million Price Range: $15.00-$17.00 Trade Date: 11/16 Underwriter(s): Citigroup, Cowen, Piper Jaffray Terms Added: 11-6-17 UPDATE 11/15: The terms of the offering have changed. The underwriter is now offering 4.0mm[…]

IPO Boutique keeps apprised of the active pipeline. Currently there are 64 active IPOs in the pipeline as of November 10, 2017. 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:[…]

It was a trying week for the IPO market as price sensitivity and a lack of aftermarket appetite- played significant factors. The two best deals of the week debuted on Wednesday — Altair Engineering (ALTR) and Loma Negra Corporation (LOMA). Altair Engineering priced at the top of the $11- $13 range and opened with a[…]

Company: Workspace Property Trust Symbol: WSPT Description: Workspace Property Trust is a fully integrated real estate investment company primarily focused on acquiring, owning and operating high-quality office and flex real estate in prime locations within transit centric, amenity rich U.S. suburban office submarkets. Shares: 39 million Price Range: $12.00-$15.00 Trade Date: 11/10 Underwriter(s): Goldman Sachs[…]

Company: Apellis Pharmaceuticals Symbol: APLS Description: They are a clinical-stage biopharmaceutical company focused on the discovery and development of novel therapeutic compounds for autoimmune and inflammatory diseases. Shares: 10.7 million Price Range: $13.00-$15.00 Trade Date: 11/9 Underwriter(s): Citigroup, J.P. Morgan, Evercore ISI Filed 10-20-17 Link to S-1/A Prospectus Link to Retail Roadshow Business: They have the most[…]

It was a fourth consecutive positive week for the IPO market as five of six initial public offerings came to market with positive gains with this week’s cluster of IPOs trading 11.5% above the offering price as of the close on Friday. The deal of the week turned out to be National Vision Holdings (Nasdaq:EYE) which opened[…]