New Filings & Updated Terms (Ending 3.23.18am)

IPO Boutique keeps apprised of the active pipeline. Currently there are 53 active IPOs in the pipeline as of March 23, 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

Company: Alzheon Inc.
Symbol: ALZH
Description: They are a clinical stage biopharmaceutical company with a Phase 3-ready program in Alzheimers disease and a discovery platform of small molecules for the inhibition of protein misfolding in neurodegenerative disorders.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Citigroup, Piper Jaffray
Co-Manager(s): Canaccord Genuity, JMP Securities
Filed: 3-16-18

Company: Zuora, Inc
Symbol: ZUO
Description: They provide cloud-based software on a subscription basis that enables any company in any industry to successfully launch, manage, and transform into a subscription business.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Goldman Sachs & Co., Morgan Stanley, Allen & Company LLC, Jefferies
Co-Manager(s): Canaccord Genuity, Needham & Co.
Filed: 3-16-18

Company: GrafTech International Ltd.
Symbol: EAF
Description: They are a leading manufacturer of high quality graphite electrode products essential to the production of electric arc furnace (or EAF) steel and other ferrous and non-ferrous metals.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): J.P. Morgan, Credit Suisse
Co-Manager(s): Citigroup, RBC Capital Markets, HSBC, BMO Capital Markets
Filed: 3-20-18
Listed Cash Raise: $100m

Company: Wah Fu Education Group Limited
Symbol: WAFU
Description: They are a holding company incorporated under the laws of the British Virgin Islands. Through their subsidiaries and variable interest entity, they provide online exam preparation services and related technology solutions and also produce online training course materials in China and have been in operation for nearly 17 years.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Network 1 Financial
Filed: 3-20-18
Listed Cash Raise: $10m

Company: MorphoSys AG
Symbol: MOR
Description: They are a late-stage biopharmaceutical company devoted to the development of innovative and differentiated therapies for patients suffering from serious diseases. Their shares are listed on the Frankfurt Stock Exchange under the symbol ‘MOR’.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Goldman Sachs & Co., J.P. Morgan, Leerink Partners
Co-Manager(s): Berenberg Capital Markets, JMP Securities
Filed: 3-22-18
Listed Cash Raise: $150m

Company: Level One Bancorp
Symbol: LEVL
Description: Level One Bancorp, Inc. is the bank holding company for Level One Bank, headquartered in Farmington Hills located in Oakland County, Michigan.
Trade Date: TBD
Shares: TBD
Price Range: TBD
Underwriter(s): Raymond James, Keefe Bruyette & Woods
Co-Manager(s): Piper Jaffray
Filed: 3-23-18
Listed Cash Raise: $25m

TERMS ADDED

Company: iQIYI, Inc.
Symbol: IQ
Description: They are an innovative market-leading online entertainment service in China. Trade Date: 3/29
Shares: 125 million
Price Range: $17.00-$19.00
Underwriter(s): Goldman Sachs (Asia), Credit Suisse, BofA Merrill Lynch, China Renaissance, Citigroup, UBS Investment Bank
Terms Added: 3-16-18

Company: Bilibili Inc.
Symbol: BILI
Description: They represent the iconic brand of online entertainment for the young generations in China. They provide high-quality content and an immersive entertainment experience, and have built their platform based on the strong emotional connections of their users to their content and communities.
Trade Date: 3/28
Shares: 42 million
Price Range: $10.50-$12.50
Underwriter(s): Morgan Stanley, BofA Merrill Lynch, J.P. Morgan
Terms Added: 3-16-18

Company: OneSmart International Education Group Limited
Symbol: ONE
Description: They are the largest premium K-12 after-school education service provider in China in terms of revenue in 2016 and 2017, according to Frost & Sullivan.
Trade Date: 3/28
Shares: 16.3 million ADS
Price Range: $11.00-$13.00
Underwriter(s): Morgan Stanley, Deutsche Bank Securities, UBS Investment Bank
Terms Added: 3-16-18

Company: Homology Medicines, Inc.
Symbol: FIXX
Description: They are a genetic medicines company dedicated to transforming the lives of patients suffering from rare genetic diseases with significant unmet medical needs by curing the underlying cause of the disease.
Trade Date: TBD
Shares: 6.67 million
Price Range: $14.00-$16.00
Underwriter(s): BofA Merrill Lynch, Cowen, Evercore ISI
Co-Manager: BTIG
Terms Added: 3-19-18

Company: Unum Therapeutics, Inc.
Symbol: UNUM
Description: They are a clinical-stage biopharmaceutical company focused on the development and commercialization of novel immunotherapy products designed to harness the power of a patient’s immune system to cure cancer.
Trade Date: 3/29
Shares: 5.77 million
Price Range: $12.00-$14.00
Underwriter(s): Morgan Stanley, Cowen
Co-Manager: SunTrust Robinson, Wedbush PacGrow
Terms Added: 3-19-18

Company: IBEX Holdings Limited
Symbol: IBEX
Description: They are a leading end-to-end provider of technology-enabled customer lifecycle experience solutions.
Trade Date: 3/29
Shares: 4 million
Price Range: $14.00-$16.00
Underwriter(s): Baird, Piper Jaffray, William Blair, SunTrust Robinson Humphrey
Terms Added: 3-19-18