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: Organovo
Symbol: ONVO
Price: Last trade $3.49
Description: Re-offer $2.75-$3.00
Trade Date: 10/20
Shares: 7.2 million
Underwriter(s)Jefferies, Evercore ISI, Raymond James
Co Manager(s)BTIG
Rating=Subscription Needed
Company: HealthEquity, Inc.
Symbol: HQY
Price: Last trade $36.74
Description: Re-offer $35.85-$36.00
Trade Date: 10/20
Shares: 2.5 million
Underwriter(s)Jefferies, Raymond James
Rating=Subscription Needed
Company: Fairmount Santrol
Symbol: FMSA
Price: Last trade $9.70
Description: Re-offer range not available
Trade Date: 10/20
Shares: 28 million
Underwriter(s)Morgan Stanley
Rating=Subscription Needed