IPO Pipeline Updated: 7.27.18

IPO Boutique keeps apprised of the active pipeline. Currently there are 57 active IPOs in the pipeline as of July 27, 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

NONE THIS WEEK

TERMS ADDED

Company: Cushman & Wakefield plc
Symbol: CWK
Description: They are a top three global commercial real estate services firm with an iconic brand and approximately 48,000 employees led by an experienced executive team.
Trade Date: 8/2
Shares: 45 million
Price Range: $16.00-$18.00
Underwriter(s): Morgan Stanley, J.P. Morgan, Goldman Sachs, UBS
Co-Manager(s): Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, William Blair, TPG Capital BD
Prospectus Updated: 7-25-18

Company: Arlo Technologies, Inc.
Symbol: ARLO
Description: Arlo combines an intelligent cloud infrastructure and mobile app with a variety of smart connected devices that transform the way people experience the connected lifestyle.
Trade Date: 8/3
Shares: 10.215 million
Price Range: $18.00-$20.00
Underwriter(s): BofA Merrill Lynch, Deutsche Bank Securities, Guggenheim Securities
Co-Manager(s): Raymond James, Cowen, Imperial Capital
Terms Added: 7-23-18

Company: Sonos, Inc.
Symbol: SONO
Description: Sonos was founded with a clear mission—to fill every home with music. This mission led them to invent wireless multi-room home audio.
Trade Date: 8/2
Shares: 13.9 million
Price Range: $17.00-$19.00
Underwriter(s): Morgan Stanley, Goldman Sachs, Allen & Co., RBC, Jefferies, KKR
Co-Manager(s): Raymond James, Stifel
Terms Added: 7-23-18

Company: Vaccinex, Inc.
Symbol: VCNX
Description: They are a clinical-stage biotechnology company engaged in the discovery and development of targeted biotherapeutics to treat serious diseases and conditions with unmet medical needs, including cancer, neurodegenerative diseases, and autoimmune disorders.
Trade Date: 8/9
Shares: 3.33 million
Price Range: $12.00-$15.00
Underwriter(s): Oppenheimer & Co., BTIG
Co-Manager(s): Ladenburg Thalmann
Terms Added: 7-23-18