After two IPOs launched on Monday, five deals are on the calendar and scheduled to price this week.
The two new IPOs to launch on Monday were Inventiva (IVA) & Poseida Therapeutics (PSTX). They join BlueCity Holdings (BLCT), Quhuo Limited (QH) and Nkarta Inc (NKTX) as the deals for the upcoming week.
Company: Inventiva S.A.
Symbol: IVA
Description: They are a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of non-alcoholic steatohepatitis, or NASH, mucopolysaccharidoses, or MPS, and other diseases with significant unmet medical need. Their ordinary shares are listed on Euronext Paris under the symbol “IVA.”
Shares: 7.478 million ADSs
Price Range: $13.68-$13.68
Market Cap: $522m-$522m
Trade Date: Friday, 6/10
Underwriter(s): Jefferies, Stifel, Guggenheim Securities
Co-Manager: H.C. Wainwright, Roth Capital Partners, KBC Securities
Terms Added; 7-6-20
Company: Poseida Therapeutics, Inc.
Symbol: PSTX
Description: They are a clinical-stage biopharmaceutical company focused on leveraging our proprietary next-generation, non-viral gene engineering technologies to create life-saving therapeutics for patients with high unmet medical need.
Shares: 10 million
Price Range: $14.00-$16.00
Market Cap: $809m-$925m
Trade Date: Friday, 7/10
Underwriter(s): BofA Securities, Piper Sandler, William Blair
Terms Added: 7-6-20
Company: Nkarta, Inc.
Symbol: NKTX
Description: They are a biopharmaceutical company focused on the discovery, development and commercialization of allogeneic, off-the-shelf engineered natural killer, or NK, cell therapies to treat cancer.
Shares: 10 million
Price Range: $14.00-$16.00
Market Cap: $370m-$423m
Trade Date: Friday, 7/10
Underwriter(s): Cowen, Evercore, Stifel, Mizuho
Terms Added: 7-2-20
Company: Quhuo Limited
Symbol: QH
Description: They were the largest workforce operational solution platform in China as measured by the number of average monthly active workers in 2019, according to the F&S report. They provide tech-enabled, end-to-end operational solutions to blue-chip on-demand consumer service businesses in industries with significant e-commerce exposure, including food delivery, ride-hailing, housekeeping and bike-sharing.
Shares: 2.7 million ADSs
Price Range: $9.00-$11.00
Market Cap: $461m-$564m
Trade Date: Week of July 6
Underwriter(s): Roth Capital Partners, Valuable Capital Limited
Co-Manager: Tiger Brokers
Terms Added: 6-30-20
Company: BlueCity Holdings Limited
Symbol: BLCT
Description: They are the World’s leading LGBTQ platform.
Shares: 5.3 million ADSs
Price Range: $15.00-$17.00
Market Cap: $534m-$605m
Trade Date: Wednesday, July 8
Underwriter(s):AMTD, Loop Capital Markets, Tiger Brokers, Prime Number Capital, R.F. Lafferty
Terms Added: 7-1-20
Need to know which IPOs to indicate for or which deals have the most demand? We have you covered.