It was another light week in the IPO market as just two IPOs came to market but both performed well in their respective debuts. Clementia Pharmaceuticals (Nasdaq: CMTA) priced at the high-end of its range, $15.00, and opened at $18.25 for a 21.7% gain at first trade. ‘CMTA’ hit a first week high of $18.95[…]
IPO Pipeline – Filings still lack in numbers
IPO Boutique keeps apprised of the active pipeline. Currently there are 49 active IPOs in the pipeline as of August 4, 2017. No SPACs or Unit Offerings are included. NEW FILINGS (None to Report) TERMS ADDED Company: Contura Energy Symbol: CTRA Price: $23.00-$27.00 Description: They are a large-scale, diversified provider of metallurgical[…]
July IPO Recap – Judging IPO Boutique’s Performance
SUBSCRIBE TO IPOBoutique’s Free Weekly Newsletter In July, the IPO Market saw 10 companies go public for a total cash raise of $1.014bn. This included just one offering that raised more that $150m — TPG RE Finance Trust, Inc. (NYSE: TRTX). Furthermore, in terms of cash raises, July’s total of $894.07m raised by the 10 offerings was[…]
Venator Materials PLC IPO Preview
Company: Venator Materials PLC Symbol: VNTR Description: They are a leading global manufacturer and marketer of chemical products that improve the quality of life for downstream consumers and promote a sustainable future. Shares: 22.7 million Price Range: $20.00-$22.00 Trade Date: 8/3 Underwriter(s): Citigroup, Goldman Sachs & Co., BofA Merrill Lynch, J.P. Morgan, Barclays, Deutsche Bank Securities, UBS Investment[…]
Clementia Pharmaceuticals Inc. IPO Preview
Company: Clementia Pharmaceuticals Inc. Symbol: CMTA Description: They are a clinical stage biopharmaceutical company that is developing disease-modifying treatments for patients suffering from debilitating bone and other diseases with high unmet medical need. Shares: 7.15 million Price Range: $13.00-$15.00 Trade Date: 8/2 Underwriter(s): Morgan[…]
IPO Pipeline Update: New Filings & Terms Added (Week ending 7.28.17)
IPO Boutique keeps apprised of the active pipeline. Currently there are 50 active IPOs in the pipeline as of July 28, 2017. No SPACs or Unit Offerings are included. NEW FILINGS Company: Nexpoint Multifamily Capital Trust Symbol: NREF Description: NREF will originate and structure preferred equity, alternative structured financing investments, mezzanine debt, bridge financing[…]
IPO Lookahead – Week of 8/7
Here’s a look at the up-to-date active IPO pipeline. This past week 2 IPOs debuted, and the up-coming week has three IPOs are on the schedule as well. IPO Schedule – Week of 8/7 Wednesday, August 9 Zealand Pharma A/S (NASDAQ: ZEAL) is a biotechnology company focused on the discovery, design and development of innovative peptide-based medicines. Currently, their[…]
Redfin Corporation IPO Preview
Company: Redfin Corporation Symbol: RDFN Description: They are a technology-powered residential real estate brokerage. They represent people buying and selling homes in over 80 markets throughout the United States. Shares: 9.23 million Price Range: $12.00-$14.00 Trade Date: 7/28 Underwriter(s): Goldman Sachs & Co., Allen & Company Co-Manager:[…]
Sienna Biopharmaceuticals, Inc. IPO Preview
Company: Sienna Biopharmaceuticals, Inc. Symbol: SNNA Description: They are a clinical-stage biopharmaceutical company focused on bringing innovations in biotechnology to the discovery, development and commercialization of first-in-class, targeted, topical products in medical dermatology and aesthetics. Shares: 4.33 million Price Range: $14.00-$16.00 Trade Date: 7/27 Underwriter(s): J.P. Morgan,[…]
RBB Bancorp IPO Preview
Company: RBB Bancorp Symbol: RBB Description:RBB Bancorp adopted a strategic plan focused on providing commercial banking services to first generation immigrants, initially concentrating on Chinese immigrants, and now including Koreans and other Asian ethnicities. Shares: 3 million Price Range: $22.00-$24.00 Trade Date: 7/26 Underwriter(s): Sandler O’Neill & Partners, Keefe Bruyette & Woods, Stephens Inc. Co-Manager: FIG Partners, LLC Link[…]
IPO Weekly Recap: PetIQ outperforms, three strong deals for the week
This past week four deals came to market with three of them gaining more than $1.50 above their offering prices at first trade. PetIQ, Inc. (Nasdaq: PETQ) turned out to be the strongest deal of the week after upsizing its offering and pricing at the high-end of the range, $16.00. PETQ opened with a $5.00[…]
IPO Lookahead – Four IPOs on the schedule for last week of July
Here’s a look at the up-to-date active IPO pipeline. This past week was the most active of July. The up-coming week we will be more subdued as only three IPOs are on the schedule. IPO Schedule – Week of 7/24 Wednesday, July 26 RBB Bancorp (Nasdaq: RBB) adopted a strategic plan focused on providing commercial[…]
IPO Pipeline Update: New Filings & Terms Added (Week ending 7.21.17)
IPO Boutique keeps apprised of the active pipeline. Currently there are 54 active IPOs in the pipeline as of July 21, 2017. No SPACs or Unit Offerings are included. NEW FILINGS Company: BJ Services, Inc. Symbol: BJS Description: They are the largest North American-focused, pure-play pressure pumping services provider. Trade Date: TBD Underwriter(s): Goldman Sachs[…]
PetIQ, Inc. IPO Preview
Company: PetIQ, Inc. Symbol: PETQ Description: They are a rapidly growing distributor and manufacturer of veterinarian-grade pet prescription (“Rx”) medications, over-the-counter (“OTC”) flea and tick preventatives and health and wellness products for dogs and cats. Shares: 5.67 million Price Range: $14.00-$16.00 Trade Date: 7/21 Underwriter(s): Jefferies, William Blair[…]
Kala Pharmaceuticals, Inc. IPO Preview
Company: Kala Pharmaceuticals, Inc. Symbol: KALA Description: They are a biopharmaceutical company focused on the development and commercialization of therapeutics using their proprietary nanoparticle-based Mucus Penetrating Particles, or MPP, technology, with an initial focus on the treatment of eye diseases. Shares: 6 million Price Range: $14.00-$16.00 Trade Date: 7/20[…]
Calyxt, Inc. IPO Preview
Company: Calyxt, Inc. Symbol: CLXT Description: They are a consumer-centric, food- and agriculture-focused company. By combining their leading gene-editing technology and technical expertise with their innovative commercial strategy, they are pioneering a paradigm shift to deliver healthier specialty food ingredients, such as healthier oils and high fiber wheat, for consumers and agriculturally advantageous crop[…]
TPG RE Finance Trust, Inc. IPO Preview
Company: TPG RE Finance Trust, Inc. Symbol: TRTX Description: They are a commercial real estate finance company sponsored by TPG. They directly originate, acquire and manage commercial mortgage loans and other commercial real estate-related debt instruments for their balance sheet. Shares: 11 million Price[…]
YogaWorks, Inc. IPO Preview
Company: YogaWorks, Inc. Symbol: YOGA Description: They are one of the largest and fastest growing providers of high quality yoga instruction in the U.S., with almost 3 million student visits in 2016 and 50 company-owned studios as well as their Internet-based digital media service, MyYogaWorks.com Shares: 5 million Price Range: $12.00-$14.00 Trade Date: 7/20 Underwriter(s):[…]
IPO Weekly Recap: Akcea Therapeutics cuts valuation, trades well in debut
This past week two IPOs came to market which included a hold-over from June, Akcea Therapeutics (Nasdaq: AKCA). Akcea Therapeutics (Nasdaq: AKCA) reworked the terms of its offering and was welcomed to the public market with a strong debut. AKCA priced 15.6mm shares at $8.00 a rather large share increase from the 9.6mm shares filed and[…]
IPO Lookahead – Six deals on the slate for week of July 17
This past week two IPOs debuted Here’s a look at the up-to-date active IPO pipeline. Following the holiday week, the IPO market was relatively subdued. The up-coming week, we will see a return to an active market as a total six IPOs and four follow-on offerings are on the schedule. IPO Schedule – Week of 7/17[…]
English
Arabic
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish