IPO Weekly Recap: 3.13.2015 & Look Ahead: Week of 3.16.2015

This past week one IPO debuted, eight updated terms and four new deals filed.

It was a very quiet week on the IPO side of things as it was just Summit Materials (NYSE: SUM) who debuted. ‘SUM’ opened with a $2.16 boost above the offering price ($18.00). The deal traded well in its opening week hitting a high of $21.49—good for a 19% premium.

Looking ahead to this week, there are currently four deals on the schedule.

Another week has gone by and we want to continue to point out the continued large quantity of secondary’s to come to market. This week, 31 secondary’s came to market. This was after 25 follow-on offerings came to market last week.

Please check your emails early and often. We may upgrade or downgrade an IPO and or secondary –sometimes with not as much notice as we would like to give. If you have interest in IPOs do NOT delay your IOI’s (hopefully they are already in)…you can always cancel them. We will keep you posted if and as when…we have anything pertinent to add. The current number of “active” IPOs in the pipeline as of 3/13/15 is 120. Good luck trading!

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IPO Weekly Recap: 3.13.2015 & Look Ahead: Week of 3.16.2015