Secondaries announced 10.18.2016

IPOBoutique.Com rates secondary offerings to hit the tape with a ‘BUY’, ‘NEUTRAL’ or ‘AVOID’ rating. Senior Managing Partner Scott Sweet maintains a track record for all secondary’s he’s issued with a ‘BUY’ rating.

Company: Twilio, Inc.
Symbol: TWLO
Price: Last trade $45.07
Trade Date: 10/21
Shares: 7 million
Underwriter(s)Goldman Sachs, J.P. Morgan
CoManager(s)Allen & Co., Pacific Crest Securities, JMP Securities, Blair & Bo., Canaccord Genuity
Rating=Subscription Needed

Company: Sunesis Pharmaceuticals
Symbol: SNSS
Price: Last trade $4.07
Description: Re-offer range $3.75-$3.85
Trade Date: 10/18
Shares: 4.9 million
Underwriter(s)Cowen & Co., Wells Fargo
Rating=Subscription Needed

Company: Ascendis Pharma
Symbol: ASND
Price: Last trade $20.08
Description: Re-offer $18.50-$19.50
Trade Date: 10/19
Shares: 5 million
Underwriter(s)J.P. Morgan, BofA Merrill Lynch, Credit Suisse
Rating=Subscription Needed

Company: Puma Biotechnology, Inc.
Symbol: PBYI
Price: Last trade $52.65
Trade Date: 10/20
Shares: 2.8 million
Underwriter(s)Citigroup, J.P. Morgan
Rating=Subscription Needed