Pipeline Update: Payment companies file IPO paperwork

Here is a list of companies that officially filed for IPO or set terms for an IPO over the past seven days.

NEW FILINGS

Company: Phillips Edison & Company, Inc..
Symbol: PECO
Description: Phillips Edison is one of the nation’s largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Morgan Stanley, BofA Securities, JP Morgan
Link to Prospectus: Filed: 5-6-21
Listed Cash Raise: $100m

Company: FIGS, Inc.
Symbol: FIGS
Description: They are a founder-led, direct-to-consumer healthcare apparel and lifestyle brand that seeks to celebrate, empower and serve current and future generations of healthcare professionals.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, Morgan Stanley, Barclays, Credit Suisse, BofA Securities
Link to Prospectus: Filed: 5-5-21
Listed Cash Raise: $100m

Company: DLocal Limited
Symbol: DLO
Description: dLocal is focused on making the complex simple, redefining the online payments experience in emerging markets.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): JP Morgan, Goldman Sachs, Citigroup, Morgan Stanley, BofA Securities, HSBC, UBS Investment Bank
Link to Prospectus: Filed: 5-5-21
Listed Cash Raise: $100m

Company: Kaltura Inc.
Symbol: KLTR
Description: Kaltura mission is to power any video experience, for any organization.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, BofA Securities, Wells Fargo, Deutsche Bank
Co-Manager: Canaccord Genuity, JMP Securities, KeyBanc, Needham & Company, Oppenheimer & Co.
Link to Prospectus: Filed: 5-5-21
Listed Cash Raise: $100m
Note: Postponed in March 2021

Company: Day One Biopharmaceuticals Holding Company, LLC
Symbol: DAWN
Description: Day One was founded to address a critical unmet need: children with cancer are being left behind in a cancer drug development revolution.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): JP Morgan, Cowen, Piper Sandler
Co-Manager: Wedbush PacGrow
Link to Prospectus: Filed: 5-4-21
Listed Cash Raise: $100m

Company: Sagimet Biosciences Inc.
Symbol: SGMT
Description: They are a clinical-stage biopharmaceutical company focused on developing a portfolio of internally-discovered, selective fatty acid synthase (FASN) inhibitors for the treatment of several diseases that result from the overproduction of the fatty acid, palmitate
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): BofA Securities, Cowen, Piper Sandler
Co-Manager(s): Oppenheimer
Link to Prospectus: Filed: 4-16-21
Listed Cash Raise: $75m

Company: Flywire Corporation
Symbol: FLYW
Description: Flywire is a leading global payments enablement and software company.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, JP Morgan, Citigroup, BofA Securities
Link to Prospectus: Filed: 5-3-21
Listed Cash Raise: $100m

Company: Paymentus Holdings, Inc.
Symbol: PAY
Description: Paymentus is a leading provider of cloud-based bill payment technology and solutions.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, JP Morgan, BofA Securities, Citigroup
Co-Manager(s): Baird, Nomura, Raymond James, Wells Fargo, PNC Capital
Link to Prospectus: Filed: 4-30-21
Listed Cash Raise: $100m

Company: MeridianLink, Inc.
Symbol: MLNK
Description: They are a leading provider of cloud-based software solutions for financial institutions, including banks, credit unions, mortgage lenders, specialty lending providers, and consumer reporting agencies, or CRAs—providing services to 1,925 customers, including 63 of the leading 100 credit unions per Credit Unions Online (as of September 2020), and a majority of the financial institutions on Forbes’ 2020 lists of America’s Best Credit Unions and Banks.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): BofA Securities, Credit Suisse, Barclays, Citigroup, Raymond James
Co-Manager(s): BTIG, Nomura, Stifel, William Blair
Link to Prospectus: Filed: 4-30-21
Listed Cash Raise: $100m

Company: Qiniu Limited
Symbol: QNIU
Description: They are China’s leading cloud-based Platform-as-a-Service (“PaaS”) provider as measured by revenue in 2020, focusing on media and machine data, pioneering an integrated, one-stop “cloud + data” platform that empowers enterprise customers across a wide spectrum of industries.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): BofA Securities, UBS Investment Bank, Jefferies
Co-Manager(s): BOCOM International, FUTU, Tiger Brokers
Link to Prospectus: Filed: 4-30-21
Listed Cash Raise: $100m

Company: Ximalaya Inc.
Symbol: XIMA
Description: They are the largest online audio platform in China in terms of average MAUs, total mobile listening time, and total revenues in 2020, according to CIC.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Goldman Sachs, Morgan Stanley, BofA Securities, CICC
Link to Prospectus: Filed: 4-30-21
Listed Cash Raise: $100m

UPDATED TERMS

Company: hear.com N.V.
Symbol: HCG
Description: They have grown rapidly to become the largest online provider of expert, medical-grade hearing care globally.
Shares: 16.22 million
Price Range: $17.00-$20.00
Market Cap: $1.9b-$2.2b
Trade Date: Friday, 5/14
Underwriter(s): Morgan Stanley, JP Morgan, Deutsche Bank, Goldman Sachs,
Co-Manager(s): BofA Securities, William Blair, Truist Securities
Link to Prospectus: Terms Added: 5-5-21

Company: Zenvia Inc.
Symbol: ZENV
Description: They empower companies to transform their existing customer communications from non-scalable, physical and impersonal interactions into highly scalable, digital first and hyper contextualized customer journey experiences.
Shares: 12.9 million
Price Range: $15.50-$17.50
Market Cap: $570m-$644m
Trade Date: Friday, 5/14
Underwriter(s): Goldman Sachs, Morgan Stanley, Itau BBA, UBS Investment Bank, Bradesco BBI, XP Investimentos
Link to Prospectus: Terms Added: 5-5-21

Company: Enact Holdings, Inc.
Symbol: ACT
Description: They are a leading private mortgage insurance company serving the United States housing finance market since 1981 with a mission to help people buy a house and keep it their home.
Shares: 22.6 million
Price Range: $20.00-$24.00
Market Cap: $3.3b-$3.9b
Trade Date: Thursday, 5/13
Underwriter(s): JP Morgan, Goldman Sachs, BofA Securities, Credit Suisse
Co-Manager(s): Citigroup, Deutsche Bank Securities, Keefe Bruyette & Woods, BTIG, Dowling Partners & Securities
Link to Prospectus: Terms Added: 5-4-21

Company: Similarweb Ltd.
Symbol: SMWB
Description: Similarweb provides a leading platform for digital intelligence, delivering a trusted, comprehensive and detailed view of the digital world that empowers our customers to be competitive in their markets.
Shares: 8 million
Price Range: $19.00-$21.00
Market Cap: $1.4b-$1.6b
Trade Date: Wednesday, 5/12
Underwriter(s): JP Morgan, Citigroup, Barclays, Jefferies
Co-Manager(s): JMP Securities, Oppenheimer, William Blair
Link to Prospectus: Terms Added: 5-3-21

Company: Global-E Online Ltd.
Symbol: GLBE
Description: They have built the world’s leading platform to enable and accelerate global, direct-to-consumer (“D2C”) cross-border e-commerce.
Shares: 15 million
Price Range: $23.00-$25.00
Market Cap: $3.3b-$3.6b
Trade Date: Wednesday, 5/12
Underwriter(s): Goldman Sachs, Morgan Stanley, Jefferies
Co-Manager(s): Piper Sandler, JMP Securities, KeyBanc Capital, Raymond James
Link to Prospectus: Terms Added: 5-3-21