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: Agree Realty
Symbol: ADC
Price: Last trade $48.55
Description: Re-offer range $46.75-48.00
Trade Date: 10/26
Shares: 1.65 million
Underwriter(s) Raymond James, Citigroup, Jefferies, Wells Fargo Securities
Rating=Subscription Needed
Company: Collegium Pharmaceutical, Inc.
Symbol: COLL
Price: Last trade $16.87
Description: Re-offer range $15.00-$16.00
Trade Date: 10/26
Shares: 4.4 million
Underwriter(s) Jefferies, Piper Jaffray
Rating=Subscription Needed
Company: Gladstone Capital Corporation
Symbol: GLAD
Price: Last trade $8.19
Description: No re-offer range available
Trade Date: 10/26
Shares: 2 million
Underwriter(s) Janney Montgomery Scott, D.A. Davidson & Co., Ladenburg Thalmann & Co., Wunderlich Securities
Rating=Subscription Needed