Pipeline Update: Refresh needed as IPO calendar quiets down

There have been zero NEW FILINGS and just one company that has updated terms over the past week. It will make a total of two IPOs for the upcoming week, both being regional banks.

We anticipate new IPO filings to make their way officially to the SEC over the next few weeks to set the table for the last third of the calendar year.

TERMS ADDED

Company: Finwise Bancorp
Symbol: FINW (Nasdaq)
Description: They are a bank holding company headquartered in Murray, Utah.
Shares: 4.1 million
Price Range: $13.00-$15.00
Market Cap: $160m-$184m
Trade Date: Thursday, 8/12
Underwriters: Piper Sandler, UBS Investment Bank
Co-manager(s): Stephens Inc
Link to Prospectus: Terms Added: 8-4-21