IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis.
If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today!
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period.
Company: The Bank of Princeton
Symbol: BPRN
Price: Last Trade $35.50
Trade Date: 8/1
Shares: 1.13 million ($40 million cash raise)
Underwriter(s) : Sandler O’ Neill
Co-Manager(s): Boenning & Scattergood, FBR
Rating = Subscription Needed
Company: TransUnion
Symbol: TRU
Price: Last Trade $45.83
Trade Date: 8/1
Re-offer Range:Subscription Needed
Shares: 20 million
Underwriter(s) : J.P. Morgan, BofA Merrill Lynch, Morgan Stanley
Rating = Subscription Needed
Company: Chegg, Inc.
Symbol: CHGG
Price: Last Trade $13.85
Trade Date: 8/3
Shares: 8 million
Underwriter(s) : Morgan Stanley, BofA Merrill Lynch, Allen & Co.
Co-Manager(s); Barrington Research, Northland Capital
Rating = Subscription Needed