Pipeline Update: Reddit grabs headlines in upcoming three IPO Week

NEW FILINGS

Company: PACS Group, Inc.
Symbol: PACS (NYSE)
Description: They are a leading post-acute healthcare company primarily focused on delivering high-quality skilled nursing care through a portfolio of independently operated facilities.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriter(s): Citigroup, J.P. Morgan, Truist Securities
Co-Manager(s): RBC Capital, KeyBanc Capital, Oppenheimer, Regions Securities, Stephens LLC
Link to Prospectus: Filed: 3-14-24

TERMS ADDED

Company: Auna S.A.A.
Symbol: AUNA
Description: They operate hospitals and clinics in Mexico, Peru and Colombia, provide prepaid healthcare plans in Peru and provide dental and vision plans in Mexico.
Shares: 30 million
Price Range: $13.00-$15.00
Market Cap: $961m-$1.1b
Trade Date: TBD
Underwriter(s): Morgan Stanley, JP Morgan, BTG Pactual, Santander, Citigroup, HSBC
Link to Prospectus: Terms Added: 3-14-24

Company: Reddit, Inc.
Symbol: RDDT (NYSE)
Description: Reddit is a global, digital city where anyone in the world can join a community to learn from one another, engage in authentic conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share a few laughs, and find belonging.
Shares: 22 million
Price Range: $31.00-$34.00
Market Cap: $5.0b-$5.4b
Trade Date: Thursday, 3/21
Underwriter(s): Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup, Deutsche Bank Securities, MUFG
Co-Manager(s): Citizens JMP, Needham & Co., Piper Sandler, Raymond James, Academy Securities, Loop Capital Markets, Ramirez & Co, Roth Capital Partners, Telsey Advisory Group
Link to Prospectus: Terms Added: 3-11-24

Company: Astera Labs, Inc.
Symbol: ALAB (Nasdaq)
Description: Their mission is to innovate, design, and deliver semiconductor-based connectivity solutions that are purpose-built to unleash the full potential of cloud and AI infrastructure.
Shares: 17.8 million
Price Range: $27.00-$30.00
Market Cap: $4.1b-$4.5b
Trade Date: Wednesday, 3/20
Underwriters: Morgan Stanley, J.P. Morgan, Barclays, Deutsche Bank, Evercore ISI, Jefferies, Co-Manager(s): Needham & Co., Stifel, Craig-Hallum Capital, Roth Capital
Link to Prospectus: Terms Added: 3-8-24