Pipeline Update: Five Companies Currently “on the road” for IPO

Company: Chain Bridge Bancorp, Inc.

Symbol: CBNA (NYSE)

Description: Chain Bridge Bancorp, Inc. is a Delaware-chartered bank holding company and the parent of its wholly-owned subsidiary, Chain Bridge Bank, N.A., a nationally chartered commercial bank with fiduciary powers granted by the OCC. The Company was incorporated on May 26, 2006, and the Bank opened on August 6, 2007.

Shares: 1.85 million

Price Range: $24.00-$26.00

Market Cap: $154m-$167m

Trade Date:  Friday, 10/4

Underwriters: Piper Sandler, Raymond James, Hovde Group

Link to Prospectus: Terms Added: 9-30-24

Company: KinderCare Learning Companies, Inc.

Symbol: KLC (NYSE)

Description: They build confidence for life by providing safe, high-quality early childhood and school-age education and care for families of all backgrounds and means.

Shares: 24 million

Price Range: $23.00-$27.00

Market Cap: $2.6b-$3.1b

Trade Date:  Wednesday, 10/9

Underwriters: Goldman Sachs, Morgan Stanley, Barclays, JP Morgan, UBS Investment Bank

Co-Manager(s): Baird, BMO Capital, Deutsche Bank, Macquarie Capital, Loop Capital, Ramirez & Co., R. Seelaus & Co.

Link to Prospectus: Terms Added: 9-30-24

Company: BingEx Limited

Symbol: FLX(Nasdaq)

Description:  They are the pioneer in providing on-demand dedicated courier services for individual and business customers with superior time certainty, delivery safety and service quality.

Shares: 4 million ADSs

Price Range: $15.00-$17.00

Trade Date:  Friday, 10/4

Market Cap: $837m-$949m

Underwriters: Deutsche Bank, CICC, CLSA

Link to Prospectus: Terms Added: 9-27-24

Company: FrontView REIT, Inc.

Symbol: FVR (NYSE)

Description: FrontView is an internally-managed net-lease REIT that is experienced in acquiring, owning and managing outparcel properties that are net leased to a diversified group of tenants.

Shares: 13.2 million

Price Range: $17.00-$21.00

Market Cap: $454m-$561m

Trade Date:  Wednesday, 10/2

Underwriters: Morgan Stanley, JP Morgan, Wells Fargo, BofA Securities

Co-Manager(s): Capital One Securities, CIBC Capital Markets

Link to Prospectus: Terms Added: 09-24-24

Company: StandardAero, Inc.

Symbol: SARO (NYSE)

Description: They believe that we are the world’s largest independent, pure-play provider of aerospace engine aftermarket services for fixed and rotary wing aircraft, serving the commercial, military and business aviation end markets.

Shares: 46.5 million

Price Range: $20.00-$23.00
Market Cap: $6.7b-$7.7b

Trade Date:  Wednesday, 10/2

Underwriters: J.P. Morgan, Morgan Stanley, BofA Securities, UBS Investment Bank, Jefferies, RBC Capital Markets, Carlyle, CIBC Capital Markets, HSBC, Mizuho, Wolfe Nomura Alliance, SOCIETE GENERALE

Co-Manager(s): Citizens JMP, Macquarie Capital, Santander, Amerivet Securities, Drexel Hamilton

Link to Prospectus: Terms Added: 9-23-24