New Filings & Updated Terms (ending 10.25.19am)

There were five new IPO filings and three companies that updated terms over the past seven days.

NEW FILINGS

Company: Velocity Financial, LLC
Symbol: VEL
Description: They are a vertically integrated real estate finance company founded in 2004.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Wells Fargo, Citigroup, JMP Securities
Co-Manager: Raymond James
Filed: 10-18-19
Listed Cash Raise: $100m

Company: RAPT Therapeutics, Inc.
Symbol: RAPT
Description: They are a clinical-stage immunology-based biopharmaceutical company focused on discovering, developing and commercializing oral small molecule therapies for patients with significant unmet needs in oncology and inflammatory diseases.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): BMO Capital, Wells Fargo Securities, UBS Investment Bank
Filed: 10-22-19
Listed Cash Raise: $92m

Company: Alpine Income Property Trust, Inc.
Symbol: PINE
Description: They are a newly organized real estate company that owns and operates a high-quality portfolio of single-tenant commercial properties.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Raymond James, Baird, B.Riley FBR, BMO Capital Markets
Co-Manager(s): Janney Montgomery Scott, D.A. Davidson
Filed: 10-23-19
Listed Cash Raise: $100m

Company: YX Asset Recovery Limited
Symbol: TBD
Description: They are a leading business service provider of delinquent consumer debt collection in China.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Deutsche Bank, CMBI, Raymond James, AMTD Global, SunTrust Robinson Humphrey
Co-Manager(s): Everbright Sun Hung Kai, Wedbush Securities, Prime Number Capital, Fortune (HK) Securities Limited
Filed: 10-23-19
Listed Cash Raise: $200m

Company: SiTime Corporation
Symbol: SITM
Description: They are a leading provider of silicon timing systems solutions. Their timing solutions are the heartbeat of our customers’ electronic systems, solving complex timing problems and enabling industry-leading products.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Barclays, Stifel
Co-Manager: Needham, Raymond James, Roth Capital Partners
Filed: 10-23-19
Listed Cash Raise: $100m

TERMS ADDED

Company: Oyster Point Pharma, Inc
Symbol: OYST
Description: They are a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of first-in-class pharmaceutical therapies to treat ocular surface diseases.
Shares: 5 million
Price Range: $16.00-$18.00
Market Cap: $330m-$375m
Trade Date: Thursday, 10/31
Underwriter(s): JP Morgan, Cowen, Piper Jaffray
Terms Added: 10-21-19

Company: GFL Environmental Holdings Inc.
Symbol: GFL
Description: GFL is the fourth largest diversified environmental services company in North America with a demonstrated ability to grow revenue in excess of our publicly-traded environmental services peers.
Shares: 87.6 million
Price Range: $20.00-$24.00
Market Cap: $6.3b-$7.5b
Trade Date: Thursday, November 7
Underwriter(s): BMO Capital, Goldman Sachs, JP Morgan, RBC Capital, Scotiabank
Co-Manager(s): Barclays, BC Partners, Raymond James, Stifel, TD Securities, BofA Merrill Lynch, CIBC Capital, HSBC, Macquarie Capital, National Bank Financial
Terms Added: 10-23-19

Company: Fangdd Network Group Ltd.
Symbol: DUO
Description: They have fundamentally revolutionized the way real estate agents conduct business through their SaaS-based solutions that help to connect them with essential business resources, including customers, property listings, capital and transaction data.
Shares: 7 million ADSs
Price Range: $13.00-$15.00
Market Cap: $955m-$1.1bn
Trade Date: Friday, 11/1
Underwriter(s): Morgan Stanley, Citigroup, UBS, CICC, AMTD
Terms Added: 10-23-19