Secondaries announced 6.16.2016

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: GlycoMimetics, Inc.
Symbol: GLYC
Price: Last trade $7.37
Description: Re-offer $6.10
Trade Date: 6/17
Shares: 2.7 million
Underwriter(s) Jefferies, Cowen & Co.
Rating=Subscription Needed

Company: SemGroup Corporation
Symbol: SEMG
Price: Last trade $29.00
Description: Re-offer range $27.00-$27.60
Trade Date: 6/17
Shares: 5 million
Underwriter(s) Barclays
Rating=Subscription Needed