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: Vereit, Inc.
Symbol: VER
Price: Last trade $10.49
Description: Re-offer range $10.20-$10.40
Trade Date: 8/5
Shares: 50 million
Underwriter(s) Barclays, Citigroup, Goldman Sachs
Rating=Subscription Needed
Company: Digimarc
Symbol: DMRC
Price: Last trade $34.53
Description: Re-offer range not available
Trade Date: 8/5
Shares: 869,000
Underwriter(s) Needham & Co., Cowen & Co.
Co Manager(s) Craig-Hallum, B. Riley & Co.
Rating=Subscription Needed