IPO Boutique keeps apprised of the active pipeline. Currently there are 69 active IPOs in the pipeline as of September 29, 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.
Company: Sea Limited
Symbol: SE
Description: They have developed an integrated platform consisting of digital entertainment (focused on online games), e-commerce, and digital financial services (focused on e-wallet services), each localized to meet the unique characteristics of GSEA. We define GSEA as the combined region of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore.
Trade Date: TBD
Underwriter(s): Goldman Sachs (Asia), Morgan Stanley, Credit Suisse
Filed 9-22-17
Listed Cash Raise: $1.0 billion
Company: RISE Education Cayman Ltd.
Symbol: REDU
Description: They operate in Chinas junior English Language Training, or ELT, market, which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18.
Trade Date: TBD
Underwriter(s): Morgan Stanley, Credit Suisse
Filed: 9-22-17
Listed Cash Raise: $100 million
Company: Merchants Bancorp
Symbol: MBIN
Description: They are a diversified bank holding company headquartered in Carmel, Indiana and registered under the Bank Holding Company Act of 1956, as amended.
Trade Date: TBD
Underwriter(s): Sandler O’Neill + Partners, Stephens Inc., Raymond James
Co-Manager: SunTrust Robinson
Filed 9-22-17
Listed Cash Raise: $115m
TERMS ADDED
None to Report
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