BMIT Technologies (TRADING)
February 18, 2019
Valletta
BMIT MV
€0.49/share
Offer Shares: 99,761,701 shares (79,261,701 shares have been allocated amongst financial intermediaries)
Registered in 2009 as GO Data Centre Services in Malta, BMIT Technologies provides data center services in Malta. The company owns and operates private international managed network, provides cloud services and other IT solutions. Go p.l.c. will hold a minimum of 51% of the issued share of BMIT following the offering. P/S ratio is ~4.66x based on projected revenue.
€0.49/share
Offer Shares: 99,761,701 shares (79,261,701 shares have been allocated amongst financial intermediaries)
Registered in 2009 as GO Data Centre Services in Malta, BMIT Technologies provides data center services in Malta. The company owns and operates private international managed network, provides cloud services and other IT solutions. Go p.l.c. will hold a minimum of 51% of the issued share of BMIT following the offering. P/S ratio is ~4.66x based on projected revenue.
See more details
Zen Corp Group (TRADING)
February 20, 2019
Bangkok
ZEN TB
Thai Baht 13.00/share
Shares: 75.00 million shares
Thai Baht 13.00/share
Shares: 75.00 million shares
See more details
Cellid (TRADING)
February 20, 2019
KOSDAQ
299660 KS
33,000 won/share, above 25,000 - 31,000/share range
Shares 1.20 million shares
33,000 won/share, above 25,000 - 31,000/share range
Shares 1.20 million shares
See more details
Gear 1 Spa (TRADING)
February 26, 2019
Borsa Italiana
GEA IM
€10/share
Offer: 3 million shares
€10/share
Offer: 3 million shares
See more details
CStone Pharmaceuticals (TRADING)
February 26, 2019
Hong Kong Stock Exchange
2616 HK
Priced at HK$12.00/share, little above midpoint of its HK$11.10 - 12.80/share expected range
Shares: 186,396,000 shares ~18.94% float
CStone Pharmaceuticals is a Chinese clinical-staged biopharmaceutical company focused on immuno-oncology. The company is currently working on 14 product candidates in its pipeline from pre-clinical stage to late-stage with partners like Agios and Blueprint. The most advanced drug candidate treating relapsed or refractory AML with Agios. CStone was founded by WuXi Healthcare Ventures, incorproated in 2015 and started research and development operation in 2016. CStone is said to priced at the upper-half of the range and raised HK$2.24 billion. The VC fund will continue to be the largest shareholders after the Listing with ~29.76% shares. Cornerstone investors, including existing shareholders have agreed to subscribe approximately 1/3 of the offer shares.
See more details
Super League Gaming (TRADING)
February 26, 2019
NASDAQ CM
SLGG US
$10.00 - $12.00/share
Shares: 2,272,727 shares, ~27.26% float
Super League Gaming operates a gaming platform that connects amateur esports gamers, venues, game publishers and brand partners. Founded in 2014 as Nth Games, Inc, the CA-based company established league teams in Minecraft, League of Legends, Clash Royale and Fortnite. Super League Gaming generates revenues from advertising and sponsorship as well as subscriptions and event holding. Sales has grown 420% from 2017 to 2018 yet the company only generates ~1 million in sales.
The final offer price was set at $11/share
$10.00 - $12.00/share
Shares: 2,272,727 shares, ~27.26% float
Super League Gaming operates a gaming platform that connects amateur esports gamers, venues, game publishers and brand partners. Founded in 2014 as Nth Games, Inc, the CA-based company established league teams in Minecraft, League of Legends, Clash Royale and Fortnite. Super League Gaming generates revenues from advertising and sponsorship as well as subscriptions and event holding. Sales has grown 420% from 2017 to 2018 yet the company only generates ~1 million in sales.
The final offer price was set at $11/share
See more details
Dexin China (TRADING)
February 26, 2019
Hong Kong Stock Exchange
2019 HK
HK$2.32 - 3.25/share
Shares: 532,000,000 shares, ~20.21% float
Dexin is a comprehensive property developer in Zhejiang Province, China. The company focuses primarily on the development and sales of residential properties and the development, operation and management of commercial and mixed-use properties. Dexin was founded in 1995. Revenue of Dexin can be breakdown by property (residential, car parks, & commercial spaces) development and sales (99.3%), property construction services and project management services (0.2%), property leasing (0.3%) and hotel operations (0.2%). Several cornerstone investors has entered the agreement to subscribe the IPO.
The final offer price was set at HK$2.80/share.
See more details
Kaleido Biosciences (TRADING)
February 28, 2019
KLDO US
$20.00 - $22.00/share ***Priced at $15.00/share***
Shares: 4,761,905 shares ~16.2% float ***Upsize to offer 5 million shares***
Kaleido Biosciences is a Massachusetts-based, early clinical-stage microbiome metabolic therapies (MMT) company founded in 2015. The company has conducted several non-IND human clinical studies with its most advanced product candidates in the pipeline under potential IND Filing stage and intend to initiate a Phase 2 clinical trial in first half of 2019. Lead product candidates target treatment of hyperammonemia in urea cycle disorders and hepatic encephalopathy. The company was created in Flagship Labs by VC firm Flagship Pioneering, one of the largest VCs specializing in the biotech and healthcare space.
$20.00 - $22.00/share ***Priced at $15.00/share***
Shares: 4,761,905 shares ~16.2% float ***Upsize to offer 5 million shares***
Kaleido Biosciences is a Massachusetts-based, early clinical-stage microbiome metabolic therapies (MMT) company founded in 2015. The company has conducted several non-IND human clinical studies with its most advanced product candidates in the pipeline under potential IND Filing stage and intend to initiate a Phase 2 clinical trial in first half of 2019. Lead product candidates target treatment of hyperammonemia in urea cycle disorders and hepatic encephalopathy. The company was created in Flagship Labs by VC firm Flagship Pioneering, one of the largest VCs specializing in the biotech and healthcare space.
See more details
JDC (TRADING)
March 5, 2019
1887 JP
490.00 - 510.00 yen/share
Offer Size: 13.46 million shares ~13.7% float
Founded in 1951, JDC is a Japanese construction and civil engineering company.
The final offer price was set at 510 yen/share.
490.00 - 510.00 yen/share
Offer Size: 13.46 million shares ~13.7% float
Founded in 1951, JDC is a Japanese construction and civil engineering company.
The final offer price was set at 510 yen/share.
See more details
Ecopro BM (TRADING)
March 5, 2019
KOSDAQ
247540 KS
37,500 - 42,900 won/share ***Priced at ₩48,000/share***
Offer Shares: 3.6 million shares ~18.1% float (Upsized from 3.00 million shares offering)
Ecopro BM is a 2016 spin-off from the parent company ECOPRO. Ecopro BM is a material/battery company that specializes in developing and the mass-producing of nickel cathode materials in Korea.
37,500 - 42,900 won/share ***Priced at ₩48,000/share***
Offer Shares: 3.6 million shares ~18.1% float (Upsized from 3.00 million shares offering)
Ecopro BM is a 2016 spin-off from the parent company ECOPRO. Ecopro BM is a material/battery company that specializes in developing and the mass-producing of nickel cathode materials in Korea.
See more details
Yincheng International (TRADING)
March 6, 2019
Hong Kong Stock Exchange
1902 HK
HK$2.00 - HK$2.48/share ***Priced at HK$2.38/share***
Shares: 354,260,000 shares ~25% float
Yincheng International is a Chinese property developer in Nanjing and the surrounding Yangtze River Delta Megalopolis. The company has been engaged in property development with a track record in Nanjing since 2002. Sale of residential and commercial properties (~98.7%) and rental income from investment properties owned by the group (1.3%) are the only sources of revenue. Yincheng International outsource construction works of all its property development projects.
HK$2.00 - HK$2.48/share ***Priced at HK$2.38/share***
Shares: 354,260,000 shares ~25% float
Yincheng International is a Chinese property developer in Nanjing and the surrounding Yangtze River Delta Megalopolis. The company has been engaged in property development with a track record in Nanjing since 2002. Sale of residential and commercial properties (~98.7%) and rental income from investment properties owned by the group (1.3%) are the only sources of revenue. Yincheng International outsource construction works of all its property development projects.
See more details
Shockwave Medical (TRADING)
March 7, 2019
NASDAQ GM
SWAV US
US$14.00 - US$16.00/share ***Priced at $17/share***
Offer Shares: 5,000,000 shares ~19.52% float ***Upsized to 5,700,000 shares***
Shockwave is a medical device company for the treatment of atherosclerosis. Incorporated in 2009, the company has two commercialized products, M5 catheter in both United States and Europe since 2018 for treating peripheral artery disease, and C2 catheter in Europe for treating coronary artery disease. The company holds its R&D facility in Santa Clara, CA and a manufacture sit in Fremont. The company is trading at P/E x30+ times. Certain existing shareholders have options to purchase up to $10.5 million of the offering (~13%)
US$14.00 - US$16.00/share ***Priced at $17/share***
Offer Shares: 5,000,000 shares ~19.52% float ***Upsized to 5,700,000 shares***
Shockwave is a medical device company for the treatment of atherosclerosis. Incorporated in 2009, the company has two commercialized products, M5 catheter in both United States and Europe since 2018 for treating peripheral artery disease, and C2 catheter in Europe for treating coronary artery disease. The company holds its R&D facility in Santa Clara, CA and a manufacture sit in Fremont. The company is trading at P/E x30+ times. Certain existing shareholders have options to purchase up to $10.5 million of the offering (~13%)
See more details
Lightspeed POS (TRADING)
March 8, 2019
Toronto Stock Exchange
LSPD CN
CA$13.00 - CA$15.00/share ***Priced at CA$16.00/share***
Offer Shares: 15,000,000 shares, ~22.86% float
Headquartered in Montreal, Canada, Lightspeed POS is a software company established in 2012. Lightspeed provides an e-commerce platform for small and medium sized businesses with a focus on retailer and restaurateur. The company also provides point to sale (POS) system and payment solutions for small businesses to manage daily operations.
CA$13.00 - CA$15.00/share ***Priced at CA$16.00/share***
Offer Shares: 15,000,000 shares, ~22.86% float
Headquartered in Montreal, Canada, Lightspeed POS is a software company established in 2012. Lightspeed provides an e-commerce platform for small and medium sized businesses with a focus on retailer and restaurateur. The company also provides point to sale (POS) system and payment solutions for small businesses to manage daily operations.
See more details
Futu (TRADING)
March 8, 2019
NASDAQ GM
FHL US (ADR)
US$10.00 - 12.00/share ***Priced at $12.00/share***
Offer Shares: 7,500,000 ADSs (Each ADS represents eight Class A ordinary shares) ~17.24% float of Class A shares; or ~6.72% float of all class shares ***Downsized from 10.9 million ADSs***
Futu is a online-based brokerage services company in Hong Kong and China. Founded in 2007 as a internet technology and software development services, the company launched the online brokerage business in 2012 and has a significant market share in the online retail securities markets in both Hong Kong and China since 2015. Futu provides a technology-empowered brokerage platform. Futu generates the majority revenue from brokerage commission and handling charge (~50.3%) and interest income (~44.4%). The company has post positive earnings in 2018. Backed by Tencent, Matrix & Sequoia Capital, Futu is valued at close to $1.3 billion. While the valuation of the firm was at $2.5 billion end of 2018. Futu has entered a concurrent private placement with General Atlantic Singapore to purchase US$70 million in Class A shares at offer price (if within range).
US$10.00 - 12.00/share ***Priced at $12.00/share***
Offer Shares: 7,500,000 ADSs (Each ADS represents eight Class A ordinary shares) ~17.24% float of Class A shares; or ~6.72% float of all class shares ***Downsized from 10.9 million ADSs***
Futu is a online-based brokerage services company in Hong Kong and China. Founded in 2007 as a internet technology and software development services, the company launched the online brokerage business in 2012 and has a significant market share in the online retail securities markets in both Hong Kong and China since 2015. Futu provides a technology-empowered brokerage platform. Futu generates the majority revenue from brokerage commission and handling charge (~50.3%) and interest income (~44.4%). The company has post positive earnings in 2018. Backed by Tencent, Matrix & Sequoia Capital, Futu is valued at close to $1.3 billion. While the valuation of the firm was at $2.5 billion end of 2018. Futu has entered a concurrent private placement with General Atlantic Singapore to purchase US$70 million in Class A shares at offer price (if within range).
See more details
Zhejiang New Century Hotel Management (TRADING)
March 11, 2019
Hong Kong Stock Exchange
1158 HK
HK$13.37 - HK$20.05/share ***Priced at HK$16.50/share***
Offer Size: 70,000,000 H shares
Zhejiang New Century Hotel Management is a hotel group in China. The company operates and manages mid-scale to upscale resort hotels, full service hotels and select service hotels. The hotel group was established in 1988 in Hangzhou, Zhejiang. The group generate revenue through hotel operation (~90%) and hotel management (~10%). New Century has leased ~22.3% of hotel rooms in operation and owns ~1.2% of the hotel room in operation. The group has ~65.6% of hotel rooms in operation under full service management agreement and ~10.9% of the hotel rooms in operation pursuant to the franchise agreement. Ctrip Hong Kong (CTRP US) and GreenTree Hospitality Group (GHG US) has agreed to purchase a total of US$62 million of the offering (~50%).
See more details
DWF Group (TRADING)
March 11, 2019
London Stock Exchange
DWF LN
GBp 122.00/share
Offer Shares: 78.05 million
GBp 122.00/share
Offer Shares: 78.05 million
See more details
Sankei Real Estate (TRADING)
March 12, 2019
Tokyo Stock Exchange
2972 JP (REIT)
JP 98,000 - 100,000 yen/share ***Priced at 100,000 yen/share***
Shares Offered: 227,200 shares
Established in 2018, Sankei Real Estate Inc is under management by Sankei Building Asset Management Co., Ltd., a wholly owned subsidiary of The Sankei Building Co., Ltd. Sankei Building is a Japanese real estate company active in real-estate construction, leasing, brokerage, management and other associated businesses since 1951.
JP 98,000 - 100,000 yen/share ***Priced at 100,000 yen/share***
Shares Offered: 227,200 shares
Established in 2018, Sankei Real Estate Inc is under management by Sankei Building Asset Management Co., Ltd., a wholly owned subsidiary of The Sankei Building Co., Ltd. Sankei Building is a Japanese real estate company active in real-estate construction, leasing, brokerage, management and other associated businesses since 1951.
See more details
WingArc1st (WITHDRAWN)
March 13, 2019
Tokyo Stock Exchange
4432 JP
JP 1,690 - 1,970 yen/share
Founded in 1993 and headquartered in Tokyo, WingArc1st is a Japan-based software company that provides data solution for companies. WingArc offers enterprise management software platforms.
WingArc1st is set to raise up to 41.28 billion yen (US$379.35 m)
JP 1,690 - 1,970 yen/share
Founded in 1993 and headquartered in Tokyo, WingArc1st is a Japan-based software company that provides data solution for companies. WingArc offers enterprise management software platforms.
WingArc1st is set to raise up to 41.28 billion yen (US$379.35 m)
See more details
Dreamtech (TRADING)
March 14, 2019
Korea Exchange
192650 KS
Price Range: KRW11,000 - KRW13,000/share ***Priced ₩13,000/share***
Founded in 1998 as a Samsunng Electronics partner company in Korea, Dreamtech develops and produces automotive LED and home appliance LCD display modules as well as sensor, touch, finger scan modules for mobile phones.
Price Range: KRW11,000 - KRW13,000/share ***Priced ₩13,000/share***
Founded in 1998 as a Samsunng Electronics partner company in Korea, Dreamtech develops and produces automotive LED and home appliance LCD display modules as well as sensor, touch, finger scan modules for mobile phones.
See more details
Binjiang Service Group (TRADING)
March 15, 2019
Hong Kong Stock Exchange
3316 HK
HK$5.40 - 7.00/share ***Priced at HK6.96/share***
Offer Shares: 66.70 million
Established in 1995, Binjiang Service Group is a property management service provider in China (with a substantial market share in high-end residential properties in Hangzhou). The revenue of Binjiang can be divided into three main segments including property management services (64.9%), value-added services to non-property owners (27.5%), and value-added services to property owners (7.6%). Three cornerstone investors have agreed to subscribe a total of over 40% of the total offer shares.
HK$5.40 - 7.00/share ***Priced at HK6.96/share***
Offer Shares: 66.70 million
Established in 1995, Binjiang Service Group is a property management service provider in China (with a substantial market share in high-end residential properties in Hangzhou). The revenue of Binjiang can be divided into three main segments including property management services (64.9%), value-added services to non-property owners (27.5%), and value-added services to property owners (7.6%). Three cornerstone investors have agreed to subscribe a total of over 40% of the total offer shares.
See more details
China Risun Group (TRADING)
March 15, 2019
Hong Kong Stock Exchange
1907 HK
HK$2.76 - HK$3.18/share ***Priced at HK$2.80/share***
Offer Shares: 600 million shares ~22.1% float
China Risun Group is an integrated coke, coking chemical and refined chemical producer and supplier in China. The group was established in 1995 with all production bases in Hebei province. The revenue breakdown to coke and coking chemical (45.5%), refined chemicals (41.0%) and trading (13.5%). The major customers are iron and steel industry participators and chemical products manufacturers. The five largest customers accounts for ~18.1% of Risun's total revenue. 8 cornerstone investors have agreed to purchase ~40% of the offering
HK$2.76 - HK$3.18/share ***Priced at HK$2.80/share***
Offer Shares: 600 million shares ~22.1% float
China Risun Group is an integrated coke, coking chemical and refined chemical producer and supplier in China. The group was established in 1995 with all production bases in Hebei province. The revenue breakdown to coke and coking chemical (45.5%), refined chemicals (41.0%) and trading (13.5%). The major customers are iron and steel industry participators and chemical products manufacturers. The five largest customers accounts for ~18.1% of Risun's total revenue. 8 cornerstone investors have agreed to purchase ~40% of the offering
See more details
International Alliance Financial Leasing (TRADING)
March 15, 2019
Hong Kong Stock Exchange
1563 HK
HK$0.84 - 1.67/share ***Priced at HK$0.85/share***
Offer Shares: 495.00 million ~33% float
Established in 2014 as Nanshan Leasing, a wholly-owned subsidiary of Nanshan Group, International Alliance Financial Leasing (AI Leasing) is a finance leasing and advisory services provider in China. Headquartered in Beijing, AI Leasing targeted customers in the healthcare, aviation and public infrastructure industries. It is one of the largest independent non-state owned aircraft finance leasing company in China. AI Leasing profit from both sale-leaseback (~86% of revenue) and direct finance leasing (~14%). Union Capital will control approximately 51.23% of the company upon completion of the offering.
HK$0.84 - 1.67/share ***Priced at HK$0.85/share***
Offer Shares: 495.00 million ~33% float
Established in 2014 as Nanshan Leasing, a wholly-owned subsidiary of Nanshan Group, International Alliance Financial Leasing (AI Leasing) is a finance leasing and advisory services provider in China. Headquartered in Beijing, AI Leasing targeted customers in the healthcare, aviation and public infrastructure industries. It is one of the largest independent non-state owned aircraft finance leasing company in China. AI Leasing profit from both sale-leaseback (~86% of revenue) and direct finance leasing (~14%). Union Capital will control approximately 51.23% of the company upon completion of the offering.
See more details
Aoyuan Healthy Life Group (TRADING)
March 18, 2019
Hong Kong Stock Exchange
3662 HK
HK$3.48 - 4.30/share
Offer Shares: 175.00 million ~25% float
Aoyuan Healthy Life is a property management service and commercial operational service provider in China since 2011. This listing will constitute a spin-off from China Aoyuan.
The Group provides conventional property management services for both residential and non-residential properties from sales assistance to community value-added services. Aoyuan also provides commercial operational services from business tenant sourcing services to management services for shopping malls. The company generates approximately 2/3 of revenue from conventional property management (72.8%). While Aoyuan work with third-party property developers, 94.7 % of its revenue were from managing properties developed by its parent company. Immediately following the completion of this offering, China Aoyuan will still hold ~56.6% of the total issued shares, while Dawn Agile, the pre-IPO investor of Aoyuan Healthy Life, will hold ~18.4%. Cornerstone investor has agreed to subscribe >5% of this offer.
HK$3.48 - 4.30/share
Offer Shares: 175.00 million ~25% float
Aoyuan Healthy Life is a property management service and commercial operational service provider in China since 2011. This listing will constitute a spin-off from China Aoyuan.
The Group provides conventional property management services for both residential and non-residential properties from sales assistance to community value-added services. Aoyuan also provides commercial operational services from business tenant sourcing services to management services for shopping malls. The company generates approximately 2/3 of revenue from conventional property management (72.8%). While Aoyuan work with third-party property developers, 94.7 % of its revenue were from managing properties developed by its parent company. Immediately following the completion of this offering, China Aoyuan will still hold ~56.6% of the total issued shares, while Dawn Agile, the pre-IPO investor of Aoyuan Healthy Life, will hold ~18.4%. Cornerstone investor has agreed to subscribe >5% of this offer.
See more details
Copro-Holdings (TRADING)
March 19, 2019
Tokyo Stock Exchange
7059 JP
JPY 2050.00 - 2090.00/share
Offer Shares: 1.40 million, ~28% float
Established in 2006 as Copro-Engineered, Copro is a recruitment company that operates in the temporary staffing business with a focus on construction engineers in Japan.
JPY 2050.00 - 2090.00/share
Offer Shares: 1.40 million, ~28% float
Established in 2006 as Copro-Engineered, Copro is a recruitment company that operates in the temporary staffing business with a focus on construction engineers in Japan.
See more details
Minkabu The Infonoid (TRADING)
March 19, 2019
Tokyo Stock Exchange
4436 JP
JPY 950.00 - 1,050.00/share ***Priced at 1,050 yen/share***
Offer Size: 2,740,200 shares, ~21.86% float
Founded in 2006 and commenced operation in 2007, Minkabu the Infonoid is a Tokyo, Japan-based fiinancial news media company. Minkabu provides financial information using crowd analysis and automatic analysis. The company supports multiple media companies to provide stock information and fx information. Minkabu also offers system development service.
JPY 950.00 - 1,050.00/share ***Priced at 1,050 yen/share***
Offer Size: 2,740,200 shares, ~21.86% float
Founded in 2006 and commenced operation in 2007, Minkabu the Infonoid is a Tokyo, Japan-based fiinancial news media company. Minkabu provides financial information using crowd analysis and automatic analysis. The company supports multiple media companies to provide stock information and fx information. Minkabu also offers system development service.
See more details
Up Fintech (TRADING)
March 20, 2019
NASDAQ GS
TIGR US
Price Range: $5.00 - $7.00/ADS ***Priced at $8.00/share***
Shares Offered: 13,000,000 ADS (representing 195,000,000 Class A shares) ~11.8% float of Class A shares; or ~9.8% float (of total ordinary shares Class A & B)
Up Fintech (Tiger Brokers) is a Chinese online brokerage platform developer and operator. Headquartered in Beijing, the company was founded in 2014. The trading platform was launched in August 2015. Tiger is claimed to be the largest online broker for Chinese investors in terms of U.S. securities trading with a market share of approximately 58.4%. Yet, it has not been profitable since inception. The company provides brokerage services, corporate services and asset management. Tiger generates majority revenue from commission fees (77.6%) generated from brokerage services and financing service fees and interest income (19.4%) from margin loans and short selling services. Interactive Brokers (through IB Global Investment LLC) and Xiaomi (through People Better Limited) will hold ~7.6% and 12.6% of the company respectively. The company relies on Interactive Brokers to execute, settle and clear trades and to perform margin financing services. It is an "introducing broker" to Interactive Brokers but with a valuation close to $1.0 billion.
Price Range: $5.00 - $7.00/ADS ***Priced at $8.00/share***
Shares Offered: 13,000,000 ADS (representing 195,000,000 Class A shares) ~11.8% float of Class A shares; or ~9.8% float (of total ordinary shares Class A & B)
Up Fintech (Tiger Brokers) is a Chinese online brokerage platform developer and operator. Headquartered in Beijing, the company was founded in 2014. The trading platform was launched in August 2015. Tiger is claimed to be the largest online broker for Chinese investors in terms of U.S. securities trading with a market share of approximately 58.4%. Yet, it has not been profitable since inception. The company provides brokerage services, corporate services and asset management. Tiger generates majority revenue from commission fees (77.6%) generated from brokerage services and financing service fees and interest income (19.4%) from margin loans and short selling services. Interactive Brokers (through IB Global Investment LLC) and Xiaomi (through People Better Limited) will hold ~7.6% and 12.6% of the company respectively. The company relies on Interactive Brokers to execute, settle and clear trades and to perform margin financing services. It is an "introducing broker" to Interactive Brokers but with a valuation close to $1.0 billion.
See more details
Diaceutics (TRADING)
March 21, 2019
London Stock Exchange
DXRX LN
Priced 76.00 pence/share
Shares Offered: 22,368,427
Founded in 2005, Diaceutics is a commercialized diagnostic data analytics and implementation services provider. The company provides services to pharmaceutical companies to support precision medicine therapies.
Priced 76.00 pence/share
Shares Offered: 22,368,427
Founded in 2005, Diaceutics is a commercialized diagnostic data analytics and implementation services provider. The company provides services to pharmaceutical companies to support precision medicine therapies.
See more details
Levi Strauss & Co (TRADING)
March 21, 2019
NYSE
LEVI US
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 36,666,667 shares Class A common stock (9,466,557 shares NEW shares & 27,200,110 shares offered by selling stockholders) ~9.5% float (of total Class A and B common stock outstanding)
Founded in San Francisco, CA in 1853, Levi Strauss is a jean apparel company that invented blue jeans. Levi's was once traded on NYSE in 1971 but returned to being a privately-held company in 1985. The iconic-jeans company also established global market share position in non-jeans bottoms and tops as well as footwear and accessories in U.S., Europe (29% of net revenues) and Asia (16% of net revenues). Wholesale channel, franchise stores sales, and DTC channel (company-operated mainline and outlet stores, shop-in-shop, eCommerce sites) accounts for 57%, 7% and 35% of net revenues in 2018 respectively.
Levi's is valued at close to $6.2 billion if priced on high-end. The denim company has a P/S ratio of 1.1x and a dividend yield of ~1.78% at current valuation. The Haas family will still hold ~82.1% of total voting power following the offering.
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 36,666,667 shares Class A common stock (9,466,557 shares NEW shares & 27,200,110 shares offered by selling stockholders) ~9.5% float (of total Class A and B common stock outstanding)
Founded in San Francisco, CA in 1853, Levi Strauss is a jean apparel company that invented blue jeans. Levi's was once traded on NYSE in 1971 but returned to being a privately-held company in 1985. The iconic-jeans company also established global market share position in non-jeans bottoms and tops as well as footwear and accessories in U.S., Europe (29% of net revenues) and Asia (16% of net revenues). Wholesale channel, franchise stores sales, and DTC channel (company-operated mainline and outlet stores, shop-in-shop, eCommerce sites) accounts for 57%, 7% and 35% of net revenues in 2018 respectively.
Levi's is valued at close to $6.2 billion if priced on high-end. The denim company has a P/S ratio of 1.1x and a dividend yield of ~1.78% at current valuation. The Haas family will still hold ~82.1% of total voting power following the offering.
See more details
Alight (POSTPONE)
March 22, 2019
NASDAQ GS
ALIT US
Price Range: $22.00 - $25.00/share
Shares Offered: 32,000,000 shares, ~24% float (or 16% if Pre-IPO Unitholders exchange all LLC Units)
Alight (previously Aon's benefits admin and HR BPO platform) is a Human Capital Management (HCM) company focus on providing solutions for clients to manage health, wealth and HR needs. Headquartered in Lincolnshire, IL, Alight has 25+ years experiences in the HR space in hosted business and cloud-based solutions. Hosted service is scheduled to expire by 2023 and the company will solely focus on cloud-based HR solutions. Alight has entered into strategic partnerships with Alegeus and Personal Capital for its health and wealth business segment, and Workday for its cloud HCM platform services. Blackstone acquired Alight from Aon in 2017 for $4.3 billion. Blackstone will hold ~30% of the outstanding Class A common stock and ~40% of voting power. Other significant shareholders includes Abu Dhabi Investment Authority (ADIA) and GIC. Valued at ~$5.1 billion, the company has a P/S ratio of ~2.15x if priced at $25.00/share.
Price Range: $22.00 - $25.00/share
Shares Offered: 32,000,000 shares, ~24% float (or 16% if Pre-IPO Unitholders exchange all LLC Units)
Alight (previously Aon's benefits admin and HR BPO platform) is a Human Capital Management (HCM) company focus on providing solutions for clients to manage health, wealth and HR needs. Headquartered in Lincolnshire, IL, Alight has 25+ years experiences in the HR space in hosted business and cloud-based solutions. Hosted service is scheduled to expire by 2023 and the company will solely focus on cloud-based HR solutions. Alight has entered into strategic partnerships with Alegeus and Personal Capital for its health and wealth business segment, and Workday for its cloud HCM platform services. Blackstone acquired Alight from Aon in 2017 for $4.3 billion. Blackstone will hold ~30% of the outstanding Class A common stock and ~40% of voting power. Other significant shareholders includes Abu Dhabi Investment Authority (ADIA) and GIC. Valued at ~$5.1 billion, the company has a P/S ratio of ~2.15x if priced at $25.00/share.
See more details
IntelliCentrics Global (TRADING)
March 27, 2019
Hong Kong Stock Exchange
6819 HK
Price Range: HK$5.32 - HK7.19/share ***Priced at HK$5.35/share***
Shares Offered: 80,900,000 shares ~18% float
Headquartered in Dallas, Texas, IntelliCentrics Global operates a credentialing platform for compliance and security purposes in the healthcare industry. The company as formed in 2007 as USA deView acquired certain assets of RepTrax to provide solutions for healthcare providers with a paying subscription platform. The platform collects, processes and verifies data and information in accordance of locations where healthcare services are provided (LoCs). IntelliCentrics offers both vendor credentialing solution, medical credentialing solution and add-on services (include onling training etc.). 94% of revenue was generated from subscription fees for the vendor credentialing solution. IntelliCentrics operates in the United States (98.77%), Canada (0.05%) and United Kingdom (1.18%) and is entering into the Chinese market.
Price Range: HK$5.32 - HK7.19/share ***Priced at HK$5.35/share***
Shares Offered: 80,900,000 shares ~18% float
Headquartered in Dallas, Texas, IntelliCentrics Global operates a credentialing platform for compliance and security purposes in the healthcare industry. The company as formed in 2007 as USA deView acquired certain assets of RepTrax to provide solutions for healthcare providers with a paying subscription platform. The platform collects, processes and verifies data and information in accordance of locations where healthcare services are provided (LoCs). IntelliCentrics offers both vendor credentialing solution, medical credentialing solution and add-on services (include onling training etc.). 94% of revenue was generated from subscription fees for the vendor credentialing solution. IntelliCentrics operates in the United States (98.77%), Canada (0.05%) and United Kingdom (1.18%) and is entering into the Chinese market.
See more details
Genfit (TRADING)
March 27, 2019
NASDAQ GM
GNFT US (ADR)
GNFT FP (12/11/2006 IPO priced at €9.00/share, listed on Euronext Paris)
Offering price will be determined by price of its ordinary shares on Euronext Paris. On March 13, 2019, the last reported sale price of our ordinary shares on Euronext Paris was €23.42 per ordinary share, equivalent to a price of $26.33 per ADS, assuming an exchange rate of €0.8894 per U.S. dollar, the exchange rate on March 8, 2019.*
***Priced at $20.32/share***
Shares Offered: 5,000,000 shares ***Upsized to offer 6.65 million ADS***
Genfit is a late-stage clinical biopharmaceutical company targeting metabolic and liver related diseases. The lead drug candidate is under Phase 3 clinical trial and Phase 2 clinical trial for potential treatment for nonalcoholic steatohepatitis and primary biliary cholangitis respectively. The company was incorporated in 1999 in France. The company generates some revenue principally from tax credits, sublease of corporate headquarteres, funds from co-research alliances from the past.
GNFT FP (12/11/2006 IPO priced at €9.00/share, listed on Euronext Paris)
Offering price will be determined by price of its ordinary shares on Euronext Paris. On March 13, 2019, the last reported sale price of our ordinary shares on Euronext Paris was €23.42 per ordinary share, equivalent to a price of $26.33 per ADS, assuming an exchange rate of €0.8894 per U.S. dollar, the exchange rate on March 8, 2019.*
***Priced at $20.32/share***
Shares Offered: 5,000,000 shares ***Upsized to offer 6.65 million ADS***
Genfit is a late-stage clinical biopharmaceutical company targeting metabolic and liver related diseases. The lead drug candidate is under Phase 3 clinical trial and Phase 2 clinical trial for potential treatment for nonalcoholic steatohepatitis and primary biliary cholangitis respectively. The company was incorporated in 1999 in France. The company generates some revenue principally from tax credits, sublease of corporate headquarteres, funds from co-research alliances from the past.
See more details
Genomictree (TRADING)
March 27, 2019
KOSDAQ
228760 KS Listed on Konex since 7/19/2016
The shares were first listed on Konex Exchange on 7/19/2016
Price Range: ₩17,000 - ₩25,000/share ***Priced at 27,000 won/share***
Shares Offered: 4.00 million shares
Founded in 2000, Genomictree is a molecular diagnostic company that provides diagnostic technology and product for healthcare market. The company had a commercialized DNA methylation biomarker-based non-invasive cancer molecular diagnostic product for the early detection of cancer. The detection product for colorectal cancer was approved by Korea FDA in 2014.
The shares were first listed on Konex Exchange on 7/19/2016
Price Range: ₩17,000 - ₩25,000/share ***Priced at 27,000 won/share***
Shares Offered: 4.00 million shares
Founded in 2000, Genomictree is a molecular diagnostic company that provides diagnostic technology and product for healthcare market. The company had a commercialized DNA methylation biomarker-based non-invasive cancer molecular diagnostic product for the early detection of cancer. The detection product for colorectal cancer was approved by Korea FDA in 2014.
See more details
Koolearn Technology (TRADING)
March 28, 2019
Hong Kong Stock Exchange
1797 HK
Price Range HK$9.30 - HK$11.10/share ***Priced at HK$10.2/share***
Shares Offered: 164,513,000 shares ~18.00% float
Koolearn Technology is a spin off of New Oriental (EDU US) with previously listing history on NEEQ (8398966) in China. The company provides online extracurricular education service in China leveraged on New Oriental's brand recognition. Koolearn provides college education (college test preparation, overseas test preparation, English learning etc.,) K-12 education, and little pre-school education for both individual students and institutional customers such as universities, public libraries and online video streaming service providers.
Price Range HK$9.30 - HK$11.10/share ***Priced at HK$10.2/share***
Shares Offered: 164,513,000 shares ~18.00% float
Koolearn Technology is a spin off of New Oriental (EDU US) with previously listing history on NEEQ (8398966) in China. The company provides online extracurricular education service in China leveraged on New Oriental's brand recognition. Koolearn provides college education (college test preparation, overseas test preparation, English learning etc.,) K-12 education, and little pre-school education for both individual students and institutional customers such as universities, public libraries and online video streaming service providers.
See more details
Hyundai Autoever (TRADING)
March 28, 2019
Korea Stock Exchange
307950 KS
Price Range: ₩40,000 - ₩44,000/share ***Priced at 48,000 won/share***
Shares Offered: 3.51 million shares
Founded in 2000 and headquartered in Seoul, Hyundai AutoEver is a Korean ICT service provider. The company is owned by Hyundai Motor Group and its affiliates including Kia Motors and Hyundai Mobis. Hyundai AutoEver specializes in software development and system integration and other IT-related services for automobile sales.
Price Range: ₩40,000 - ₩44,000/share ***Priced at 48,000 won/share***
Shares Offered: 3.51 million shares
Founded in 2000 and headquartered in Seoul, Hyundai AutoEver is a Korean ICT service provider. The company is owned by Hyundai Motor Group and its affiliates including Kia Motors and Hyundai Mobis. Hyundai AutoEver specializes in software development and system integration and other IT-related services for automobile sales.
See more details
Precision BioSciences (TRADING)
March 28, 2019
NASDAQ GS
DTIL US
Price Range: US$15.00 - US$17.00/share ***Priced at $16.00/share***
Shares Offered: 7,900,000 shares, ~16.1% float
Founded in 2006 and headquartered in Durham, North Carolina, Precision BioSciences is an early-stage biotech company focus on genome editing. The company recently received the IND from FDA for its first candidate and is screening patients for Phase 1/2a clinical trial for non-hodgkin lymphoma. Precision has a product pipeline in Allogeneic CAR T immunotherapy, in vivo gene correction and food (gene edited crop), while the majority product candidates were still under discovery/preclinical stage. The company entered into several license agreements/collaborations with major pharmaceutical, biotech, and agricultural companies including Shire, Servier, Gilead, and Cargill. Precision also has a close tied to Duke University.
Price Range: US$15.00 - US$17.00/share ***Priced at $16.00/share***
Shares Offered: 7,900,000 shares, ~16.1% float
Founded in 2006 and headquartered in Durham, North Carolina, Precision BioSciences is an early-stage biotech company focus on genome editing. The company recently received the IND from FDA for its first candidate and is screening patients for Phase 1/2a clinical trial for non-hodgkin lymphoma. Precision has a product pipeline in Allogeneic CAR T immunotherapy, in vivo gene correction and food (gene edited crop), while the majority product candidates were still under discovery/preclinical stage. The company entered into several license agreements/collaborations with major pharmaceutical, biotech, and agricultural companies including Shire, Servier, Gilead, and Cargill. Precision also has a close tied to Duke University.
See more details
CanSino Biologics (TRADING)
March 28, 2019
Hong Kong Stock Exchange
6185 HK
Price Range: HK$21.00 - HK$22.00/share ***Priced at HK$22.00/share***
Shares Offered: 57,248,600 shares ~28.24% float
Established in 2009, CanSino is a vaccine company in Tianjin, China. CanSino develops, manufactures vaccines. The company is developing 15 vaccine candidates with 3 near-commercial ones for meningococcal diseases and Ebola virus disease. Cornerstone investors have agreed to subscribe >25% of the total number of offer shares.
Price Range: HK$21.00 - HK$22.00/share ***Priced at HK$22.00/share***
Shares Offered: 57,248,600 shares ~28.24% float
Established in 2009, CanSino is a vaccine company in Tianjin, China. CanSino develops, manufactures vaccines. The company is developing 15 vaccine candidates with 3 near-commercial ones for meningococcal diseases and Ebola virus disease. Cornerstone investors have agreed to subscribe >25% of the total number of offer shares.
See more details
Puyi (TRADING)
March 29, 2019
NASDAQ GM
PUYI US (ADS)
Priced at $6.00/share
Shares Offered: 6,666,668 ADSs ***Downsized to 4,292,276 ADSs***
Priced at $6.00/share
Shares Offered: 6,666,668 ADSs ***Downsized to 4,292,276 ADSs***
See more details
Lyft (TRADING)
March 29, 2019
NASDAQ GS
LYFT US
Price Range: US$62.00 - US$68.00/share
Increased Price Range: US$70.00 - US$72.00/share ***Priced at $72.00/share***
Shares Offered: 30,770,000 shares ~10.8% float of Class A and B outstanding
Lyft is a on-demand ridesharing company launched in 2012 with sole presence in United States and Canada. Lyft offers variety of transportation options from conventional ridesharing, bikes and scooters to public transit and autonomous vehicles services with Aptiv. Lyft is seeking a $20 billion valuation at high-end and a ~8.96x P/S ratio.
Price Range: US$62.00 - US$68.00/share
Increased Price Range: US$70.00 - US$72.00/share ***Priced at $72.00/share***
Shares Offered: 30,770,000 shares ~10.8% float of Class A and B outstanding
Lyft is a on-demand ridesharing company launched in 2012 with sole presence in United States and Canada. Lyft offers variety of transportation options from conventional ridesharing, bikes and scooters to public transit and autonomous vehicles services with Aptiv. Lyft is seeking a $20 billion valuation at high-end and a ~8.96x P/S ratio.
See more details
Amo Greentech (TRADING)
March 29, 2019
KOSDAQ
125210 KS
Price Range: KRW8,800 - 9,900/share ***Priced at 9,900 won/share***
Price Range: KRW8,800 - 9,900/share ***Priced at 9,900 won/share***
See more details
Sun Car Insurance Agency (WITHDRAWN)
March 29, 2019
Hong Kong Stock Exchange
1879 HK
Price Range: HK$23.00 - HK$30.80/share
Shares Offered: 42,626,600 shares, ~25% float
Founded in 2007 under the name Shanghai Sheng Shi Da Lian Insurance, Sun Car is an automobile insurance agency in China that was listed on the NEEQ since 2014. The company offers internet and mobile app-based service platform to provide both car insurance products underwritten by major insurance companies and B2B automobile after-sales service. Sun Car generates revenue by receiving commissions from insurance company (~75% of revenue) and the rest from services fees by providing automobile butler services, which are primarily purchased by major banks and insurance companies for their customer reward programs. Cornerstone investors have agreed to purchase US$30 million of shares (up to 24% of total number of offer shares).
Price Range: HK$23.00 - HK$30.80/share
Shares Offered: 42,626,600 shares, ~25% float
Founded in 2007 under the name Shanghai Sheng Shi Da Lian Insurance, Sun Car is an automobile insurance agency in China that was listed on the NEEQ since 2014. The company offers internet and mobile app-based service platform to provide both car insurance products underwritten by major insurance companies and B2B automobile after-sales service. Sun Car generates revenue by receiving commissions from insurance company (~75% of revenue) and the rest from services fees by providing automobile butler services, which are primarily purchased by major banks and insurance companies for their customer reward programs. Cornerstone investors have agreed to purchase US$30 million of shares (up to 24% of total number of offer shares).
See more details
Shanghai Dongzheng Automotive Finance (TRADING)
April 3, 2019
Hong Kong Stock Exchange
2718 HK
Price Range: HK$4.20 - HK$6.30/share ***Priced at HK$3.06/share, deal postponed for a week from original scheduled***
Shares Offered: 533,336,000 shares ~25.00% float
Established in 2015, Shanghai Dongzheng Automotive Finance is a spin-off of ZhengTong, a Chinese luxury-brand car dealer group. Shanghai Dongzheng Automotive Finance provides tailored auto finance products and services for the purchase of luxury-brand cars. Shanghai Dongzheng generates revenue from interest, fee and commission from both self-operated retail loan, retail loan facilitation and dealer loan business.
Price Range: HK$4.20 - HK$6.30/share ***Priced at HK$3.06/share, deal postponed for a week from original scheduled***
Shares Offered: 533,336,000 shares ~25.00% float
Established in 2015, Shanghai Dongzheng Automotive Finance is a spin-off of ZhengTong, a Chinese luxury-brand car dealer group. Shanghai Dongzheng Automotive Finance provides tailored auto finance products and services for the purchase of luxury-brand cars. Shanghai Dongzheng generates revenue from interest, fee and commission from both self-operated retail loan, retail loan facilitation and dealer loan business.
See more details
Ruhnn (TRADING)
April 3, 2019
NASDAQ GS
RUHN US (ADS)
Price Range: $11.50 - $13.50/share ***Priced at $12.50/share***
Shares Offered: 10,000,000 ADS ~12.1% float
Founded in 2016 as Hanyi E-Commerce, Ruhnn is a Chinese internet influencer (key opinion leader, or KOL) incubator and facilitator. The company commercializes on the signed internet influencers and generates revenues through influencers 'ecosystem'. Ruhnn provides professional training and support to KOLs to grow fan bases, manages KOLs' social media accounts to promote and endorse products tailored to specific fan bases, owns and operates online stores on third-party e-commerce platforms and generates revenues through online sales (~88%) and related services (~12%). One of the company's top-tier influencer is accounted for, on average, 50% of the GMV. The company is valued at little over $1.0 billion with a P/S at 8.3x. Taobao (owned by Alibaba) owns 7.5% of total shares outstanding after the offering.
Price Range: $11.50 - $13.50/share ***Priced at $12.50/share***
Shares Offered: 10,000,000 ADS ~12.1% float
Founded in 2016 as Hanyi E-Commerce, Ruhnn is a Chinese internet influencer (key opinion leader, or KOL) incubator and facilitator. The company commercializes on the signed internet influencers and generates revenues through influencers 'ecosystem'. Ruhnn provides professional training and support to KOLs to grow fan bases, manages KOLs' social media accounts to promote and endorse products tailored to specific fan bases, owns and operates online stores on third-party e-commerce platforms and generates revenues through online sales (~88%) and related services (~12%). One of the company's top-tier influencer is accounted for, on average, 50% of the GMV. The company is valued at little over $1.0 billion with a P/S at 8.3x. Taobao (owned by Alibaba) owns 7.5% of total shares outstanding after the offering.
See more details
Medacta Group (TRADING)
April 4, 2019
SIX Swiss Exchange
MOVE SW
Price Range: 88.00 - 104.00 Swiss Franc/share ***Priced at 96 franc/share***
Shares Offered: 6,555,000 exiting shares (offered by members of Siccardi family) ~28.50% float
Medacta is a family-owned, Switzerland-based medical device company. The company develops and manufactures hip, knees and other orthopedic implants as well as neurosurgical and miscellaneous medical devices. The medical technology company is valued at 2.08 billion Swiss Franc with a 6.9x P/S ratio.
Price Range: 88.00 - 104.00 Swiss Franc/share ***Priced at 96 franc/share***
Shares Offered: 6,555,000 exiting shares (offered by members of Siccardi family) ~28.50% float
Medacta is a family-owned, Switzerland-based medical device company. The company develops and manufactures hip, knees and other orthopedic implants as well as neurosurgical and miscellaneous medical devices. The medical technology company is valued at 2.08 billion Swiss Franc with a 6.9x P/S ratio.
See more details
NGM Biopharmaceuticals (TRADING)
April 4, 2019
NASDAQ GS
NGM US
Price Range: $14.00 - $16.00/share ***Priced at $16.0/share***
Shares Offered: 6,666,667 shares ~10.26% float
NGM is a South San Francisco-based clinical-stage biopharmaceutical company with seven product candidates primarily focus on liver diseases. The company commenced operations in 2008 and has advanced its top wholly-owned product candidate to Phase 2b for the treatment of non-alcoholic steatohepatitis (NASH). NGM has a 7-year research collaboration license (to 2022) with Merck Sharp & Dohme Corp. Merck has agreed to purchase approximately 19.9% of total outstanding shares of common stock.
Price Range: $14.00 - $16.00/share ***Priced at $16.0/share***
Shares Offered: 6,666,667 shares ~10.26% float
NGM is a South San Francisco-based clinical-stage biopharmaceutical company with seven product candidates primarily focus on liver diseases. The company commenced operations in 2008 and has advanced its top wholly-owned product candidate to Phase 2b for the treatment of non-alcoholic steatohepatitis (NASH). NGM has a 7-year research collaboration license (to 2022) with Merck Sharp & Dohme Corp. Merck has agreed to purchase approximately 19.9% of total outstanding shares of common stock.
See more details
Tradeweb Markets (TRADING)
April 4, 2019
NASDAQ GS
TW US
Price Range: $24.00 - $26.00/share ***Priced at $27/0/share***
Shares Offered: 27,268,767 shares ~12.27% float of all Class A, B, C, D & LLC Interests outstanding (~22% float of all Class A and B shares) ***Upsized to 36,250,000 shares***
Founded in 1996, Tradeweb is an electronic trading marketplaces developer and operator. The company through its operating subsidiaries provide transactions, trading and market data and electronic and voice brokerage services. Tradeweb generates revenues from transactions fees (~54%), subscription fees (and market data fees) (~27%), and commissions (~18%). Refinitiv, the former Thomson Reuters's financial and risk business, now co-owned by Blackstone Group and Thomson Reuters, will remain control (with 63.6% voting power) after this offering. Tradeweb is selling at a 9.1x P/S and will be paying quarterly cash dividends of $0.08/share.
Price Range: $24.00 - $26.00/share ***Priced at $27/0/share***
Shares Offered: 27,268,767 shares ~12.27% float of all Class A, B, C, D & LLC Interests outstanding (~22% float of all Class A and B shares) ***Upsized to 36,250,000 shares***
Founded in 1996, Tradeweb is an electronic trading marketplaces developer and operator. The company through its operating subsidiaries provide transactions, trading and market data and electronic and voice brokerage services. Tradeweb generates revenues from transactions fees (~54%), subscription fees (and market data fees) (~27%), and commissions (~18%). Refinitiv, the former Thomson Reuters's financial and risk business, now co-owned by Blackstone Group and Thomson Reuters, will remain control (with 63.6% voting power) after this offering. Tradeweb is selling at a 9.1x P/S and will be paying quarterly cash dividends of $0.08/share.
See more details
Silk Road Medical (TRADING)
April 4, 2019
NASDAQ GM
SILK US
Price Range: $15.00 - $17.00/share ***Amended Price Range $19.00 - $20.00/share***
***Priced at $20.0/share***
Shares Offered: 4,687,500 shares ~16.33% float ***Upsized to 6,000,000 shares ~19.87% float***
Founded in 2007, Silk Road Medical is a medical device company located in Sunnyvale, CA. The company develops minimally-invasive surgical devices for patients with carotid artery disease who are at risk for stroke. Silk Road commercialized its products in U.S. since April 2016. The company is valued at approximately $600 million at P/S over 17x.
Certain existing investors have indicated an interest to purchase up to $15 million (approximately 20%) from the offering.
Price Range: $15.00 - $17.00/share ***Amended Price Range $19.00 - $20.00/share***
***Priced at $20.0/share***
Shares Offered: 4,687,500 shares ~16.33% float ***Upsized to 6,000,000 shares ~19.87% float***
Founded in 2007, Silk Road Medical is a medical device company located in Sunnyvale, CA. The company develops minimally-invasive surgical devices for patients with carotid artery disease who are at risk for stroke. Silk Road commercialized its products in U.S. since April 2016. The company is valued at approximately $600 million at P/S over 17x.
Certain existing investors have indicated an interest to purchase up to $15 million (approximately 20%) from the offering.
See more details
Network International (TRADING)
April 10, 2019
London Stock Exchange
NETW LN
Price Range: 395.00 - 465.00 pence/share
Shares Offered: 299,950,000 shares (institutional free float of 25%)
Established in 1994 as a subsidiary of Emirates Bank, Network International is a leading digital payment solution provider in the Middle East and Africa region. The company provides a suite of payment products and services. Network generates revenues from two platforms for both merchant and issuer. Middle East market (especially the UAE region) represents 75% of the group's total revenue in 2018.
Network International has an implied market capitalization between 1.98 billion and 2.33 billion pounds ($2.6 billion and $3.1 billion), a P/S ratio of 10.4x. Warburg Pincus and General Atlantic will jointly own 25.73% and Emirates Bank 26.78% after this offering. Mastercard is to put down $300 million cornerstone investment in Network International (~9.99% of stake).
See more details
Adevinta (TRADING)
April 10, 2019
Oslo Stock Exhcange
ADEB NO
Price Range: NOK70.00 - NOK82.00/share
Amended Price Range: NOK75.00 - NOK80.00/share
Shares Offered: 36,893,081 Class B stocks (offered by selling shareholders Schibsted and Blommenholm Industrier)
Adevinta operates in the online classifieds industry since 2018. The company operates online marketplaces in 16 countries (outside the Nordics), connecting buyers seeking goods or services with a large base of sellers. The company develops leading local brands include Leboncoin in France, InfoJobs in Spain, Subito in Italy and Jofogás in Hungary. While Schibsted (SCHA NO) will remain majority ownership of Adevinta, Adevinta will spin off as an independent listed company.
Price Range: NOK70.00 - NOK82.00/share
Amended Price Range: NOK75.00 - NOK80.00/share
Shares Offered: 36,893,081 Class B stocks (offered by selling shareholders Schibsted and Blommenholm Industrier)
Adevinta operates in the online classifieds industry since 2018. The company operates online marketplaces in 16 countries (outside the Nordics), connecting buyers seeking goods or services with a large base of sellers. The company develops leading local brands include Leboncoin in France, InfoJobs in Spain, Subito in Italy and Jofogás in Hungary. While Schibsted (SCHA NO) will remain majority ownership of Adevinta, Adevinta will spin off as an independent listed company.
See more details
Tufin Software (TRADING)
April 11, 2019
NYSE
TUFN US
Price Range: US$12.00 - US$14.00/share ***Priced at $14.00/share***
Shares Offered: 7,700,000 shares. ~23.7% float
Tufin Software Technologies is a cybersecurity software company incorporated in Israel in 2005. The company provides a policy-centric approach to unify security policy across IT and cloud environments. Tufin generates revenues from the sales of five software products (~50.07%) and through maintenance and other related professional services (~49.93%). The company has a P/S ratio of 5.34x.
Price Range: US$12.00 - US$14.00/share ***Priced at $14.00/share***
Shares Offered: 7,700,000 shares. ~23.7% float
Tufin Software Technologies is a cybersecurity software company incorporated in Israel in 2005. The company provides a policy-centric approach to unify security policy across IT and cloud environments. Tufin generates revenues from the sales of five software products (~50.07%) and through maintenance and other related professional services (~49.93%). The company has a P/S ratio of 5.34x.
See more details
Karnov Group (TRADING)
April 11, 2019
Stockholm Stock Exchange
KAR SS
***Price fixed at SEK 43.00/share***
Shares Offered: 43,513,472 shares (25,000,000 offered by selling shareholders) ~71.3% float
Karnov Group is a Denmark and Sweden rooted legal information services provider. Dated back to 1867, the company was involved in legal information publication, online legal research support and continued legal education business. Karnov was acquired by private equities throughout the years and was acquired by Five Arrows Principal Investment (owned by Rothchild) in 2015. Karnov provides online and offline information and workflow solutions in the areas of legal, tax and accounting, and environmental, healthy and safety. Current pricing gave Karnov an implied market cap of SEK 4.2 billion ($452.79 million). The Fourth Swedish National Pension Fund, Lazard Asset Management and Vind AS have agreed to purchase up to SEK 607.0 million from this offering (~14.5% of total outstanding shares).
***Price fixed at SEK 43.00/share***
Shares Offered: 43,513,472 shares (25,000,000 offered by selling shareholders) ~71.3% float
Karnov Group is a Denmark and Sweden rooted legal information services provider. Dated back to 1867, the company was involved in legal information publication, online legal research support and continued legal education business. Karnov was acquired by private equities throughout the years and was acquired by Five Arrows Principal Investment (owned by Rothchild) in 2015. Karnov provides online and offline information and workflow solutions in the areas of legal, tax and accounting, and environmental, healthy and safety. Current pricing gave Karnov an implied market cap of SEK 4.2 billion ($452.79 million). The Fourth Swedish National Pension Fund, Lazard Asset Management and Vind AS have agreed to purchase up to SEK 607.0 million from this offering (~14.5% of total outstanding shares).
See more details
PagerDuty (TRADING)
April 11, 2019
NYSE
PD US
Price Range: US$19.00 - US$21.00/share
***Amended Price Range $21.00 - $23.00/share***
***Priced at $24.00/share***
Shares Offered: 9,070,000 shares (570,000 shares from selling stockholders) ~11.55%
Founded in 2009, PagerDuty is a San Francisco-based digital services software company founded by three former Amazon developers. The company provides a platform that supports on-call management, modern incident management, and real-time operations for businesses. PagerDuty derive revenue from the sales of subscriptions to its On-Call Management platform. The company is valued at $1.5 billion with a P/S ratio of 13.12 x.
3 VC funds include Andreessen Horowitz and Accel Partners will be holding close to 40% shares after this offering.
Price Range: US$19.00 - US$21.00/share
***Amended Price Range $21.00 - $23.00/share***
***Priced at $24.00/share***
Shares Offered: 9,070,000 shares (570,000 shares from selling stockholders) ~11.55%
Founded in 2009, PagerDuty is a San Francisco-based digital services software company founded by three former Amazon developers. The company provides a platform that supports on-call management, modern incident management, and real-time operations for businesses. PagerDuty derive revenue from the sales of subscriptions to its On-Call Management platform. The company is valued at $1.5 billion with a P/S ratio of 13.12 x.
3 VC funds include Andreessen Horowitz and Accel Partners will be holding close to 40% shares after this offering.
See more details
Stadler Rail (TRADING)
April 12, 2019
SIX Swiss Exchange
SRAIL SW
Price Range: CHF 33.00 - 41.00/share
Shares Offered: 40,250,000 existing shares (with 35 million shares base offer held by Chairman Peter Spuhler) ~38.16% float
Dated back to 1942, Stadler is a Swiss train manufacturer. The company builds tailor-made trains from high-speed and intercity trains, suburban and regional transport trains, to light rail verticals and trams. Stadler also provides services from upgrading and overhaul to vehicle maintenance and repair. Stadler is valued at over 4 billion Swiss francs if priced on high-end. Spuhler will still hold close to 40% of Stadler after the offering. The funds from the IPO will flow into Spuhler's private holding PCS Holding to invest in Stadler Rail and other Spuhler's hodlings.
See more details
Jumia (TRADING)
April 12, 2019
NYSE
JMIA US (ADS)
Price Range: $13.00 - $16.00/share ***Priced at $14.5/share***
Shares Offered: 13,500,000 ADS (27,000,000 ordinary shares) ~17.6% float
Founded in 2012, Jumia Technologies (previously known as Africa Internet), is a Berlin, Germany-based e-commerce platform operator active in pan-African markets. The company provides an online marketplace with supporting logistics services and payment service. Africa's largest mobile network operator MTN Group and Germany-based venture capital company Rocket Internet are the two largest shareholders. Mastercard Europe has agreed to purchase €50.0 million ($56.01 million) of Jumia's shares in a concurrent private placement (~5% total shares). Jumia is valued at approximately $1.2 billion with a 8.02x P/S ratio.
Price Range: $13.00 - $16.00/share ***Priced at $14.5/share***
Shares Offered: 13,500,000 ADS (27,000,000 ordinary shares) ~17.6% float
Founded in 2012, Jumia Technologies (previously known as Africa Internet), is a Berlin, Germany-based e-commerce platform operator active in pan-African markets. The company provides an online marketplace with supporting logistics services and payment service. Africa's largest mobile network operator MTN Group and Germany-based venture capital company Rocket Internet are the two largest shareholders. Mastercard Europe has agreed to purchase €50.0 million ($56.01 million) of Jumia's shares in a concurrent private placement (~5% total shares). Jumia is valued at approximately $1.2 billion with a 8.02x P/S ratio.
See more details
Zengame Technology (TRADING)
April 16, 2019
Hong Kong Stock Exchange
2660 HK
Price Range: HK$1.12 - HK$1.32/share ***Priced at HK$1.23/share***
Shares Offered: 180,000,000 shares (~18% float)
Founded in 2010, Zengame is a Chinese mobile game developer and operator specializes on card and board mobile games. Zengame generates revenue from in-game advertisements and in-game virtual items' sales from both self-developed games (~98.9%) and third-party games (~1,1%). The most popular game in Zengame's pipeline contributes approximately 87% of its total game revenue. Cornerstone investor (Guotai Junan International) has agreed to purchase up to HK$20.0 million at offering.
Price Range: HK$1.12 - HK$1.32/share ***Priced at HK$1.23/share***
Shares Offered: 180,000,000 shares (~18% float)
Founded in 2010, Zengame is a Chinese mobile game developer and operator specializes on card and board mobile games. Zengame generates revenue from in-game advertisements and in-game virtual items' sales from both self-developed games (~98.9%) and third-party games (~1,1%). The most popular game in Zengame's pipeline contributes approximately 87% of its total game revenue. Cornerstone investor (Guotai Junan International) has agreed to purchase up to HK$20.0 million at offering.
See more details
Oragroup (TRADING)
April 16, 2019
BRVM Stock Exchange
Offer Price: fixed at 4,100.00 francs/share
Shares Offered: 6.1 million new share & 7.8 million exiting shares (~20% of its equity)
Oragroup is a pan-African bank operates in West and Central Africa. This is the largest IPO on Abidjan Stock Exchange (BRVM).
See more details
Nexi (TRADING)
April 16, 2019
Milan Stock Exchange
NEXI IM
Price Range: €8.50 - €10.35/share
Amended Price Range: €9.00 - €9.50/share ***Priced at €9.00/share***
Shares Offered: to sell minimum 213 million shares (~41.5% - 43.2% float) ***Upsized to 223 million shares***
Shares Offered: 213 millions shares (146 million offered by selling shareholders) ~41.5% float
Nexi (previously known as Istituto Centrale delle Branche Popolari or ICBPI) is a Milan, Italy-based payment processor. With more than 70 years of history working alongside with partner banks, the PayTech company operates in three market areas including merchant services and solutions, cards and digital payments and digital banking services. Nexi was sold to the private equity investors (Mercury UK, which is connected with funds managements by Bain Capital, Cleesidra Capital and Advent) in 2015 which valued the company at €2.15 billion. The current valuation indicates an approximately €7.1 to €8.1 billion EV, or a market capitalization of €5.4 - €6.4 billion. Nexi is expected to pay dividend.
See more details
Brainsway (TRADING)
April 17, 2019
NASDAQ GM
BWAY US (ADS)
*$11.00/share*
Shares Offered: 2,500,000 ADS ~23.1% float
The ordinary shares are listed on Tel Aviv Stock Exchange under the symbol BRIN
Brainsway is a commercial stage medical device company incorporated in Israel in 2006. The company develops and sells non-invasive neuromedolation products for the treatment of major depressive disorder and obsessive-compulsive disorder approved by the FDA. The two main products received clearance in 2013 and 2018 respectively. Brainsway will be trading at a P/S of 7.8x.
*$11.00/share*
Shares Offered: 2,500,000 ADS ~23.1% float
The ordinary shares are listed on Tel Aviv Stock Exchange under the symbol BRIN
Brainsway is a commercial stage medical device company incorporated in Israel in 2006. The company develops and sells non-invasive neuromedolation products for the treatment of major depressive disorder and obsessive-compulsive disorder approved by the FDA. The two main products received clearance in 2013 and 2018 respectively. Brainsway will be trading at a P/S of 7.8x.
See more details
Turning Point* (TRADING)
April 17, 2019
NASDAQ GM
TPTX US
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 7,352,941 shares (~26% float) ***Upsized to offer 8,823.530 shares (~30.2% float)***
Founded in 2013, Turning Point Therapeutics is a San Diego, CA-based early clinical-stage biopharmaceutical company. The company targets cancer therapies, especially TKI therapy. Turning Point Therapeutics has a platform of TKI drug candidates address the treatment resistance and toxicities limitation of current TKI inhibitors. The lead drug candidate is under phase1/2 clinical trial. Existing shareholders have indicated an interest to purchase up to $50 million from this offering (close to 40% of the offer).
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 7,352,941 shares (~26% float) ***Upsized to offer 8,823.530 shares (~30.2% float)***
Founded in 2013, Turning Point Therapeutics is a San Diego, CA-based early clinical-stage biopharmaceutical company. The company targets cancer therapies, especially TKI therapy. Turning Point Therapeutics has a platform of TKI drug candidates address the treatment resistance and toxicities limitation of current TKI inhibitors. The lead drug candidate is under phase1/2 clinical trial. Existing shareholders have indicated an interest to purchase up to $50 million from this offering (close to 40% of the offer).
See more details
Grupo SBF (TRADING)
April 17, 2019
B3 Day
CNTO3 BZ
Price Range: BRL12.10 - BRL 4.70/share ***Priced at 12.50 Brazilian Real/share***
Shares Offered: 53.7 million shares
Grupo SBF (Centauro) is a Brazil sporting goods retailer.
Price Range: BRL12.10 - BRL 4.70/share ***Priced at 12.50 Brazilian Real/share***
Shares Offered: 53.7 million shares
Grupo SBF (Centauro) is a Brazil sporting goods retailer.
See more details
Palomar (TRADING)
April 17, 2019
NASDAQ GS
PLMR US
Price Range: $15.00 - $17.00/share ***Priced at $15.00/share***
Shares Offered: 5,625,000 shares (~24.86% float)
Founded in 2014, Palomar is an insurance holding company located in La Jolla. The company provides specialty property insurance in markets for earthquake, wind and flood insurance. Palomar is majority owned by San Francisco based private equity firm Genstar Capital.
Price Range: $15.00 - $17.00/share ***Priced at $15.00/share***
Shares Offered: 5,625,000 shares (~24.86% float)
Founded in 2014, Palomar is an insurance holding company located in La Jolla. The company provides specialty property insurance in markets for earthquake, wind and flood insurance. Palomar is majority owned by San Francisco based private equity firm Genstar Capital.
See more details
HOOKIPA Pharma (TRADING)
April 18, 2019
NASDAQ GM
HOOK US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 6,666,667 shares (~25% float) ***Downsized to 6,000,000 shares***
HOOKIPA is a clinical-stage biopharmaceutical company with a focus on treatments for infectious diseases and cancers (immuno-oncology) based on a proprietary arenavirus platform. Founded in 2011 in Austria, HOOKIPA was incorporated in 2017, headquartered in New York with European research and preclinical development operations headquartered in Vienna Austria. The company has 6 product candidates in its pipeline with the most advanced lead product candidate in phase2 clinical trial and the rest all in preclinical stage. Hookipa has entered into a strategic partnership with Gilead to develop therapeutics to treat hepatitis B and HIV.
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 6,666,667 shares (~25% float) ***Downsized to 6,000,000 shares***
HOOKIPA is a clinical-stage biopharmaceutical company with a focus on treatments for infectious diseases and cancers (immuno-oncology) based on a proprietary arenavirus platform. Founded in 2011 in Austria, HOOKIPA was incorporated in 2017, headquartered in New York with European research and preclinical development operations headquartered in Vienna Austria. The company has 6 product candidates in its pipeline with the most advanced lead product candidate in phase2 clinical trial and the rest all in preclinical stage. Hookipa has entered into a strategic partnership with Gilead to develop therapeutics to treat hepatitis B and HIV.
See more details
Pinterest* (TRADING)
April 18, 2019
NYSE
PINS US
Price Range: $15.00 - $17.00/share ***Priced at $19.00/share***
Shares Offered: 75,000,000 shares (~14% float of total Class A & B common stock outstanding)
Founded in 2008 as Cold Brew Labs, Pinterest is a San Francisco-based digital advertising platform. The company is valued up to $9.1 billion at current price range (excluding all stock options and shares reserved). The company generates revenue by delivering advertising on its website and mobile application on a cost per click (CPC) basis and a cost per thousand imppressions (CPM) basis. The company will be trading at a 10.5 - 12.2 P/S ratio.
Price Range: $15.00 - $17.00/share ***Priced at $19.00/share***
Shares Offered: 75,000,000 shares (~14% float of total Class A & B common stock outstanding)
Founded in 2008 as Cold Brew Labs, Pinterest is a San Francisco-based digital advertising platform. The company is valued up to $9.1 billion at current price range (excluding all stock options and shares reserved). The company generates revenue by delivering advertising on its website and mobile application on a cost per click (CPC) basis and a cost per thousand imppressions (CPM) basis. The company will be trading at a 10.5 - 12.2 P/S ratio.
See more details
Greenlane* (TRADING)
April 18, 2019
NASDAQ GM
GNLN US
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 5,333,333 shares (4,666,666 new Class A common stock, 666,667 shares by selling stockholders) ***Upsized to 6,000,000 shares (5,250,000 new shares and 750,000 from selling stockholders)***
Founded in 2005, Boca Raton Florida-based Greenlane distributes vaporization products to wholesale and retail customers (smoke shops and regional retail chain stores) in both U.S. and Canada. The company also owns and operates two e-commerce sites that sells vaporizers and other related products (i.e. pipes, rolling papers etc.) The business is indirectly linked with the cannabis industry for its products can be used with cannabis or cannabis derivative. Products manufactured by JUUL represents over 1/3 of the net sale.
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 5,333,333 shares (4,666,666 new Class A common stock, 666,667 shares by selling stockholders) ***Upsized to 6,000,000 shares (5,250,000 new shares and 750,000 from selling stockholders)***
Founded in 2005, Boca Raton Florida-based Greenlane distributes vaporization products to wholesale and retail customers (smoke shops and regional retail chain stores) in both U.S. and Canada. The company also owns and operates two e-commerce sites that sells vaporizers and other related products (i.e. pipes, rolling papers etc.) The business is indirectly linked with the cannabis industry for its products can be used with cannabis or cannabis derivative. Products manufactured by JUUL represents over 1/3 of the net sale.
See more details
Brigham Minerals* (TRADING)
April 18, 2019
NYSE
MNRL US
Price Range: $15.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 13,500,000 Class A shares (~28.4% float of Class A & B common stock outstanding)
Formed in 2012, Brigham Minerals manages a portfolio of mineral and royalty interests across four U.S. basins with six resources plays. The company generates revenue from royalty payments based on the sales of oil, natural gas and NGLs produced from the acreage interests sold.
Price Range: $15.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 13,500,000 Class A shares (~28.4% float of Class A & B common stock outstanding)
Formed in 2012, Brigham Minerals manages a portfolio of mineral and royalty interests across four U.S. basins with six resources plays. The company generates revenue from royalty payments based on the sales of oil, natural gas and NGLs produced from the acreage interests sold.
See more details
Zoom Video* (TRADING)
April 18, 2019
NASDAQ GM
ZM US
Price Range: $28.00 - $32.00/share
Amended Price Range $33.00 - $35.00/share ***Priced at $36.00/share***
Shares Offered: 20,869,565 shares (10,877,446 new share and 9,992,119 from selling stockholders, ~8% float of total Class A&B shares outstanding)
Founded in 2011 as Saasbee, Zoom Video Communications is a San Jose, CA-based company that provides a cloud-native video communication platform for meetings. Flagship products include Zoom Meetings, Zoom Rooms, and Zoom Phone that enable remote video and audio conferencing adopt by tech companies, hospitals and universities. Entities affiliated with Emerging Capital Partners, Sequoia Capital and some executive officers are among the selling stockholders. Salesforce has agreed to purchase $100 million from offering (~15%). The company is valued at over $8.35 billion, with a P/S of 25.3x. The company just turned a profit this fiscal year.
Price Range: $28.00 - $32.00/share
Amended Price Range $33.00 - $35.00/share ***Priced at $36.00/share***
Shares Offered: 20,869,565 shares (10,877,446 new share and 9,992,119 from selling stockholders, ~8% float of total Class A&B shares outstanding)
Founded in 2011 as Saasbee, Zoom Video Communications is a San Jose, CA-based company that provides a cloud-native video communication platform for meetings. Flagship products include Zoom Meetings, Zoom Rooms, and Zoom Phone that enable remote video and audio conferencing adopt by tech companies, hospitals and universities. Entities affiliated with Emerging Capital Partners, Sequoia Capital and some executive officers are among the selling stockholders. Salesforce has agreed to purchase $100 million from offering (~15%). The company is valued at over $8.35 billion, with a P/S of 25.3x. The company just turned a profit this fiscal year.
See more details
Al Moammar Information Systems (TRADING)
April 24, 2019
Saudi Stock Exchange
MIS AB
Fixed offer price at 45.00 Saudi Riyal
Shares Offered: 4.8 million shares ~30% float
Al Moammar Information Systems (MIS) is a Saudi based company focus on wholesale and retail of computer, electronic and telecommunication devices. The company also provides related installation and maintenance of electronic devices. The company is valued at 720 million Saudi Riyal at offer price, representing ~$192 million.
Fixed offer price at 45.00 Saudi Riyal
Shares Offered: 4.8 million shares ~30% float
Al Moammar Information Systems (MIS) is a Saudi based company focus on wholesale and retail of computer, electronic and telecommunication devices. The company also provides related installation and maintenance of electronic devices. The company is valued at 720 million Saudi Riyal at offer price, representing ~$192 million.
See more details
Shenwan Hongyuan (TRADING)
April 26, 2019
Hong Kong Stock Exchange
6806 HK (A+H share)
Price Range: HK$3.63 - HK$3.93/share ***Priced at HK$3.63/share***
Shares Offered: 2,504,000,000 H shares (~10.0% float of A+H Shares)
Shenwan Hongyuan is a Chinese financial service company focused on securities businesses in China. It is a product from the merger between Shenyin & Wanguo Securities and Hong Yuan Securities in 2015. The A Share of the company is listed on Shenzhen Stock Exchange (000166 SZ). Shenwan Hongyuan provides services in Enterprise Finance (Investment Banking, Principal Investment), Personal Finance, Institutional Services and Trading and Investment Management. Personal finance and institutional services and trading account for close to 80% of its total revenue. This will be the largest offering in Hong Kong this year.
Price Range: HK$3.63 - HK$3.93/share ***Priced at HK$3.63/share***
Shares Offered: 2,504,000,000 H shares (~10.0% float of A+H Shares)
Shenwan Hongyuan is a Chinese financial service company focused on securities businesses in China. It is a product from the merger between Shenyin & Wanguo Securities and Hong Yuan Securities in 2015. The A Share of the company is listed on Shenzhen Stock Exchange (000166 SZ). Shenwan Hongyuan provides services in Enterprise Finance (Investment Banking, Principal Investment), Personal Finance, Institutional Services and Trading and Investment Management. Personal finance and institutional services and trading account for close to 80% of its total revenue. This will be the largest offering in Hong Kong this year.
See more details
Loungers (TRADING)
April 29, 2019
London Stock Exchange
LGRS LN
Placing Price at 2.00 pound sterling/share
Placing Price at 2.00 pound sterling/share
See more details
TransMedics* (TRADING)
May 2, 2019
NASDAQ GM
TMDX US
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 4,700,000 shares ~24.4% float
Dated back in 1998, TransMedics is a Andover, MA-based commercial-stage medical technology company focus on organ preservation for transplantation. The company developed and commercialized the Organ Care System (OCS) that indicates to prolong organ preservation for transplantation (organ cold storage). The company currently has three OCS products for lung, heart and liver transplantation respectively. The OCS Lungs and Heart are commercialized outside of the United States and OCS Lung has received a premarket approval from the FDA. The company is valued at ~$300 million and will be traded with a P/S of 25x.
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 4,700,000 shares ~24.4% float
Dated back in 1998, TransMedics is a Andover, MA-based commercial-stage medical technology company focus on organ preservation for transplantation. The company developed and commercialized the Organ Care System (OCS) that indicates to prolong organ preservation for transplantation (organ cold storage). The company currently has three OCS products for lung, heart and liver transplantation respectively. The OCS Lungs and Heart are commercialized outside of the United States and OCS Lung has received a premarket approval from the FDA. The company is valued at ~$300 million and will be traded with a P/S of 25x.
See more details
So-Young International (TRADING)
May 2, 2019
NASDAQ GM
SY US (ADS)
Price Range: $11.80 - $13.80/share ***Priced at $13.8/share***
Shares Offered: 13,000,000 ADS (representing 10,000,000 Class A Ordinary Shares) ~13% float
Founded in 2013 in Beijing, So-Young operates a platform that provides medical aesthetic information in China. The company generates revenue from fees charged to partnered medical aesthetic service providers when users seek for information (67.3%) or make online reservation services for medical aesthetic treatment through the platform (32.7%). So-Young has a valuation of approximately $1.38 billion if priced on high-end at a 15.3x P/S ratio.
Price Range: $11.80 - $13.80/share ***Priced at $13.8/share***
Shares Offered: 13,000,000 ADS (representing 10,000,000 Class A Ordinary Shares) ~13% float
Founded in 2013 in Beijing, So-Young operates a platform that provides medical aesthetic information in China. The company generates revenue from fees charged to partnered medical aesthetic service providers when users seek for information (67.3%) or make online reservation services for medical aesthetic treatment through the platform (32.7%). So-Young has a valuation of approximately $1.38 billion if priced on high-end at a 15.3x P/S ratio.
See more details
Beyond Meat* (TRADING)
May 2, 2019
NASDAQ GM
BYND US
Price Range: $19.00 - $21.00/share
***Amended Price Range: $23.00 - $25.00/share*** ***Priced at $25.00/share***
Shares Offered: 8,750,000 shares ~15% float
Founded in 2011 as 'J Green Natural Foods' (later 'Savage River'), Beyond Meat is a VC-backed food company operates in the meat industry. The company produces and distributes plant-based meats products. Beyond Meat is valued at approximately $1.2 billion based on current offer price and will be trade at a 13.6x P/S. Tyson held a small stake in Beyond Meat but has quietly sold its position ahead of the final offering.
Price Range: $19.00 - $21.00/share
***Amended Price Range: $23.00 - $25.00/share*** ***Priced at $25.00/share***
Shares Offered: 8,750,000 shares ~15% float
Founded in 2011 as 'J Green Natural Foods' (later 'Savage River'), Beyond Meat is a VC-backed food company operates in the meat industry. The company produces and distributes plant-based meats products. Beyond Meat is valued at approximately $1.2 billion based on current offer price and will be trade at a 13.6x P/S. Tyson held a small stake in Beyond Meat but has quietly sold its position ahead of the final offering.
See more details
Red River Bancshares (TRADING)
May 3, 2019
NASDAQ GS
RRBI US
Price Range $42.00 - $46.00/share ***Priced at $45.00/share***
Shares Offered: 573,320 shares (26,680 shares from selling stockholders) ~7.85% float
Founded in 1998 and headquartered in Alexandria, Louisiana, Red River Bank is a regional state-chartered bank that provides banking services to commercial and retail customers. The Bank is paying a small amount of cash dividend.
Price Range $42.00 - $46.00/share ***Priced at $45.00/share***
Shares Offered: 573,320 shares (26,680 shares from selling stockholders) ~7.85% float
Founded in 1998 and headquartered in Alexandria, Louisiana, Red River Bank is a regional state-chartered bank that provides banking services to commercial and retail customers. The Bank is paying a small amount of cash dividend.
See more details
Yunji (TRADING)
May 3, 2019
NASDAQ GM
YJ US (ADS)
Price Range: $11.00 - $13.00/share ***Priced at $11.00/share***
Shares Offered: 13,500,000 ADS/135,000,000 Class A Share ~6.2% float of total Class A + B shares
***Downsized to 11,000,000 ADS***
Founded in 2015, Yunji operates a membership-based social e-commerce platform in China. The company primarily generates revenues from selling products on the platform (~87.5%) and membership subscription (~11.9%). Yunji also generates revenues on net basis from sales of certain products such as mobile phones, tickets to tourist attractions, bookings and car insurance policies. The company will be valued at over $2.8 billion on high-end and trade at a P/S of around 1.5x.
Price Range: $11.00 - $13.00/share ***Priced at $11.00/share***
Shares Offered: 13,500,000 ADS/135,000,000 Class A Share ~6.2% float of total Class A + B shares
***Downsized to 11,000,000 ADS***
Founded in 2015, Yunji operates a membership-based social e-commerce platform in China. The company primarily generates revenues from selling products on the platform (~87.5%) and membership subscription (~11.9%). Yunji also generates revenues on net basis from sales of certain products such as mobile phones, tickets to tourist attractions, bookings and car insurance policies. The company will be valued at over $2.8 billion on high-end and trade at a P/S of around 1.5x.
See more details
SciPlay* (TRADING)
May 3, 2019
NASDAQ GS
SCPL US
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 22,000,000 Class A shares ~17% float pf total common stock (Class A + B) to be outstanding
Launched in 2012, SciPlay is a Las Vegas, NV-based mobile (and web) games developer and publisher. SciPlay launched its first game in 2012. The company is a spin-off from Scientific Games (SGMS US). SciPlay offers 7 core social casino games and casual games. The company generates revenue from the sale of in-game virtual coins and chips for the casino-style slot games.
SciPlay recorded a $416.2 million in revenue in 2018. The spin-off is expected to have a market capitalization up to $2.02 billion and trade at a P/E ratio over 30x.
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 22,000,000 Class A shares ~17% float pf total common stock (Class A + B) to be outstanding
Launched in 2012, SciPlay is a Las Vegas, NV-based mobile (and web) games developer and publisher. SciPlay launched its first game in 2012. The company is a spin-off from Scientific Games (SGMS US). SciPlay offers 7 core social casino games and casual games. The company generates revenue from the sale of in-game virtual coins and chips for the casino-style slot games.
SciPlay recorded a $416.2 million in revenue in 2018. The spin-off is expected to have a market capitalization up to $2.02 billion and trade at a P/E ratio over 30x.
See more details
Duiba Group (TRADING)
May 7, 2019
Hong Kong Stock Exchange
1753 HK
Price Range: HK$6.00 - HK$8.10/share ***Priced at HK$6.00/share***
Shares Offered: 111,111,200 shares
Founded in 2011, Duibai Group provides a user management SaaS platform and an interactive advertising platform in China.
Price Range: HK$6.00 - HK$8.10/share ***Priced at HK$6.00/share***
Shares Offered: 111,111,200 shares
Founded in 2011, Duibai Group provides a user management SaaS platform and an interactive advertising platform in China.
See more details
SNK (TRADING)
May 7, 2019
KOSDAQ
950180 KS (Depositary Receipts)
Price Range: KRW30,800 - KRW40,400 ***Priced at 40,400 Korean won***
Shares Offered: 4.2 million shares
Founded in 1978, SNK is a Japanese game company famous for The King of Fighters game.
Price Range: KRW30,800 - KRW40,400 ***Priced at 40,400 Korean won***
Shares Offered: 4.2 million shares
Founded in 1978, SNK is a Japanese game company famous for The King of Fighters game.
See more details
Trevi Therapeutics (TRADING)
May 7, 2019
NASDAQ GM
TRVI US
Price Range: $14.00 - $16.00/share (Postponed, ***Priced at $10.00/share***)
Shares Offered: 4,666,667 shares ~30.2% float
***Amendment: upsized to 7 million shares***
***Amendment to 5.5 million shares***
Incorporated in 2011, Trevi Therapeutics is a New Haven, Connecticut-based VC-backed biopharmaceutical company. The company is currently developing nalbuphine ER for the treatment of chronic pruritus, chronic cough in patients with idiopathic pulmonary fibrosis. The development is under the Phase 2b/3 clinical trial and is expected to submit a new drug application (NDA) later than 2020. Trevis has an exclusive license agreement with Endo Pharmaceuticals (ENDP US). Existing shareholders have indicated an interest in purchasing approximately $28.0 million (up to 43%) of the offering.
Price Range: $14.00 - $16.00/share (Postponed, ***Priced at $10.00/share***)
Shares Offered: 4,666,667 shares ~30.2% float
***Amendment: upsized to 7 million shares***
***Amendment to 5.5 million shares***
Incorporated in 2011, Trevi Therapeutics is a New Haven, Connecticut-based VC-backed biopharmaceutical company. The company is currently developing nalbuphine ER for the treatment of chronic pruritus, chronic cough in patients with idiopathic pulmonary fibrosis. The development is under the Phase 2b/3 clinical trial and is expected to submit a new drug application (NDA) later than 2020. Trevis has an exclusive license agreement with Endo Pharmaceuticals (ENDP US). Existing shareholders have indicated an interest in purchasing approximately $28.0 million (up to 43%) of the offering.
See more details
China Everbright Water (TRADING)
May 8, 2019
Hong Kong Stock Exchange
1857 HK (Dual Primary Listing)
Price Range: HK$2.99 - HK$4.35 ***Priced at HK$2.99/share***
Shares Offered: 103,970,000 shares
China Everbright Water is trading on Singapore Exchange (SGX-ST Main Board) under the CEWL SP since 2004.
Price Range: HK$2.99 - HK$4.35 ***Priced at HK$2.99/share***
Shares Offered: 103,970,000 shares
China Everbright Water is trading on Singapore Exchange (SGX-ST Main Board) under the CEWL SP since 2004.
See more details
Parsons* (TRADING)
May 8, 2019
NYSE
PSN US
Price Range: $26.00 - $28.00/share ***Priced at $27.00/share***
Shares Offered: 18,518,000 shares ~19.1% float
Founded in 1944, Parsons provides technology solutions (technical design and engineering services and software) focuses on the defense, intelligence and critical infrastructure markets. Parsons generates revenues from two segment, 1) Federal Solutions (41.5%) which provides the U.S. government and its agencies with services in cybersecurity, missile defense systems, military training, subsurface munitions detection, military facility modernization, logistics support, chemical weapon remediation and engineering services; 2) Critical Infrastructure (58.5%) with both federal, state, municipal and industry customers. The company is valued at approximately $2.7 billion if priced on high-end, with a EPS of $2.78, i.e. a P/E ratio of 10.1x.
Price Range: $26.00 - $28.00/share ***Priced at $27.00/share***
Shares Offered: 18,518,000 shares ~19.1% float
Founded in 1944, Parsons provides technology solutions (technical design and engineering services and software) focuses on the defense, intelligence and critical infrastructure markets. Parsons generates revenues from two segment, 1) Federal Solutions (41.5%) which provides the U.S. government and its agencies with services in cybersecurity, missile defense systems, military training, subsurface munitions detection, military facility modernization, logistics support, chemical weapon remediation and engineering services; 2) Critical Infrastructure (58.5%) with both federal, state, municipal and industry customers. The company is valued at approximately $2.7 billion if priced on high-end, with a EPS of $2.78, i.e. a P/E ratio of 10.1x.
See more details
NextCure (TRADING)
May 9, 2019
NASDAQ GM
NXTC US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~22.8% float
Founded in 2015, NextCure is an early clinical-stage biopharmaceutical company focuses on cancer and other immune-related diseases treatment. NextCure has its most advanced product candidate, a monoclonal antibody targeting tumors in Phase 1 clinical study. The company has a multi-year collaboration agreement with Eli Lilly for one of its discovery/preclinical phase pipeline program. Pfizer holds ~10% of NextCure. Existing stockholders have indicated an interest in purchasing approximately $35 million of shares in this offering (~43.75%).
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~22.8% float
Founded in 2015, NextCure is an early clinical-stage biopharmaceutical company focuses on cancer and other immune-related diseases treatment. NextCure has its most advanced product candidate, a monoclonal antibody targeting tumors in Phase 1 clinical study. The company has a multi-year collaboration agreement with Eli Lilly for one of its discovery/preclinical phase pipeline program. Pfizer holds ~10% of NextCure. Existing stockholders have indicated an interest in purchasing approximately $35 million of shares in this offering (~43.75%).
See more details
HeadHunter* (TRADING)
May 9, 2019
NASDAQ GS
HHR US (ADS)
Price Range: $11.00 - $13.50/share ***Priced at $13.50/share***
Shares Offered: 16,304,348 ADS ~32.6% float
Founded in 2000, HeadHunter Group is a online recruitment platform in Russia and the Commonwealth of Independent States (CIS). HeadHunter generates revenues from its subscription-based services (including access to its resume/CV database or bundle subscriptions) (55% of total revenue), job posting fees, and other value added services. Current price range gives HHR a market capitalization of $675.0 million on high-end, a 7.13 P/S ratio and an EPS of approximately $0.29 (18.99 Russian Ruble).
Price Range: $11.00 - $13.50/share ***Priced at $13.50/share***
Shares Offered: 16,304,348 ADS ~32.6% float
Founded in 2000, HeadHunter Group is a online recruitment platform in Russia and the Commonwealth of Independent States (CIS). HeadHunter generates revenues from its subscription-based services (including access to its resume/CV database or bundle subscriptions) (55% of total revenue), job posting fees, and other value added services. Current price range gives HHR a market capitalization of $675.0 million on high-end, a 7.13 P/S ratio and an EPS of approximately $0.29 (18.99 Russian Ruble).
See more details
Axcella Health* (TRADING)
May 9, 2019
NASDAQ GM
AXLA US
Price Range: $20.00 - $22.00/share ***Priced at $20.00/share***
Shares Offered: 3,571,428 shares ~15.5% float
Founded in 2008 as Newco LS16 in Cambridge, MA, Axcella Health is an pre-clinical early-stage biotech company. The company has a pipeline comprises five programs focused on the metabolic functions of liver, muscle and blood (with 6 drug candidates). The most advanced product candidate is anticipated to enroll in clinical trial in late 2020.
Price Range: $20.00 - $22.00/share ***Priced at $20.00/share***
Shares Offered: 3,571,428 shares ~15.5% float
Founded in 2008 as Newco LS16 in Cambridge, MA, Axcella Health is an pre-clinical early-stage biotech company. The company has a pipeline comprises five programs focused on the metabolic functions of liver, muscle and blood (with 6 drug candidates). The most advanced product candidate is anticipated to enroll in clinical trial in late 2020.
See more details
Viva Biotech (TRADING)
May 9, 2019
Hong Kong Stock Exchange
1873 HK
Price Range: HK$3.42 - HK$4.41/share ***Priced at HK$4.41/share***
Shares Offered: 345,000,000 shares, ~22% float
Founded in 2008, Shanghai-based Viva Biotech provides structure-based drug discovery services to biotech and pharmaceutical companies worldwide.
Price Range: HK$3.42 - HK$4.41/share ***Priced at HK$4.41/share***
Shares Offered: 345,000,000 shares, ~22% float
Founded in 2008, Shanghai-based Viva Biotech provides structure-based drug discovery services to biotech and pharmaceutical companies worldwide.
See more details
Cortexyme (TRADING)
May 9, 2019
NASDAQ GS
CRTX US
Price Range: $16.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 4,412,000 shares ~17.0% float
Founded in 2012, South San Francisco-based Cortexyme is a clinical stage biopharmaceutical company focused on Alzheimer's and other degenerative diseases. Cortexyme has four programs in the early phase of development but only has one lead product candidate COR388 in Phase 2/3 trial (with a FDA partial hold). The company has an impressive list of strategic investors, including Pfizer, Takeda, Verily Life Sciences and Sequoia Capital. Existing stockholders have indicated an interest in purchasing up to $35 million of shares offered (~44% of the offer)
Price Range: $16.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 4,412,000 shares ~17.0% float
Founded in 2012, South San Francisco-based Cortexyme is a clinical stage biopharmaceutical company focused on Alzheimer's and other degenerative diseases. Cortexyme has four programs in the early phase of development but only has one lead product candidate COR388 in Phase 2/3 trial (with a FDA partial hold). The company has an impressive list of strategic investors, including Pfizer, Takeda, Verily Life Sciences and Sequoia Capital. Existing stockholders have indicated an interest in purchasing up to $35 million of shares offered (~44% of the offer)
See more details
Milestone Pharmaceuticals* (TRADING)
May 9, 2019
NASDAQ GM
MIST US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~21.6% float ***Upsized to 5,500,000 shares***
Founded in 2003, Milestone Pharmaceuticals is a Canadian late clinical-stage biopharmaceutical company. Milestone focuses on a rapid-onset and short acting calcium channel blocker called Etripamil and has three product candidates in pipeline with its lead product candidate for rapid termination treatment of PSVT, a rapid cardiac condition, in Phase 3 clinical trial.
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~21.6% float ***Upsized to 5,500,000 shares***
Founded in 2003, Milestone Pharmaceuticals is a Canadian late clinical-stage biopharmaceutical company. Milestone focuses on a rapid-onset and short acting calcium channel blocker called Etripamil and has three product candidates in pipeline with its lead product candidate for rapid termination treatment of PSVT, a rapid cardiac condition, in Phase 3 clinical trial.
See more details
Mayville Engineering (TRADING)
May 9, 2019
NYSE
MEC US
Price Range: $19.00 - $21.00/share ***Priced at $17.00/share***
Shares Offered: 6,250,000 shares ~31.7% float
Founded in 1945, Mayville Engineering (MEC) is an engineered component supplier/fabricator to original equipment manufacturer (OEM) in the United States. Heavy-and medium-duty commercial vehicles, construction, powersports, agriculture and military are the five major end markets MEC focused on. John Deere is one of MEC's biggest customers. MEC has a market capitalization of approximately $413.6 million if priced on high-end.
Price Range: $19.00 - $21.00/share ***Priced at $17.00/share***
Shares Offered: 6,250,000 shares ~31.7% float
Founded in 1945, Mayville Engineering (MEC) is an engineered component supplier/fabricator to original equipment manufacturer (OEM) in the United States. Heavy-and medium-duty commercial vehicles, construction, powersports, agriculture and military are the five major end markets MEC focused on. John Deere is one of MEC's biggest customers. MEC has a market capitalization of approximately $413.6 million if priced on high-end.
See more details
ARA US Hospitality Trust (TRADING)
May 9, 2019
Singapore Exchange
HOTEL SP (Unit)
Fixed Price at $0.88/unit
ARA Group spin-off its US hotels portfolio under the Hyatt brand.
ARA US Hospitality Trust is the first hospitality trust on SGX purely on the US market.
Fixed Price at $0.88/unit
ARA Group spin-off its US hotels portfolio under the Hyatt brand.
ARA US Hospitality Trust is the first hospitality trust on SGX purely on the US market.
See more details
South Plains Financial (TRADING)
May 9, 2019
NASDAQ GS
SPFI US
Price Range: $17.50 - $19.50/share ***Priced at $17.50/share***
Shares Offered: 3,380,000 shares (2,700,000 new shares, 680,000 shares from selling shareholder) ~19.35% float
South Plains Financial is a Texas-based regional bank. Through City Bank, its wholly-owned subsidiary, the group provides commercial and consumer financial services to small and medium-sized businesses and individuals across Texas and New Mexico.
Price Range: $17.50 - $19.50/share ***Priced at $17.50/share***
Shares Offered: 3,380,000 shares (2,700,000 new shares, 680,000 shares from selling shareholder) ~19.35% float
South Plains Financial is a Texas-based regional bank. Through City Bank, its wholly-owned subsidiary, the group provides commercial and consumer financial services to small and medium-sized businesses and individuals across Texas and New Mexico.
See more details
Sonim Technologies (TRADING)
May 10, 2019
NASDAQ GM
SONM US
Price Range: $13.00 - $15.00/share ***Priced at $11.00/share***
Shares Offered: 3,571,429 shares, ~18.3% float
Founded in 1999 as NaviSpin.com in San Mateo, CA, Sonim Technologies provides ultra--rugged mobile phones and accessories designed specifically for task workers (workers in industrial enterprise and public sector). The company generates revenue from master sales arrangements with channel partners (i.e. AT&T, Sprint and Verizon) as well as non-recurring engineering services (design services).
Price Range: $13.00 - $15.00/share ***Priced at $11.00/share***
Shares Offered: 3,571,429 shares, ~18.3% float
Founded in 1999 as NaviSpin.com in San Mateo, CA, Sonim Technologies provides ultra--rugged mobile phones and accessories designed specifically for task workers (workers in industrial enterprise and public sector). The company generates revenue from master sales arrangements with channel partners (i.e. AT&T, Sprint and Verizon) as well as non-recurring engineering services (design services).
See more details
Jiayin Group (TRADING)
May 10, 2019
NASDAQ GM
JFIN US (ADS)
Price Range: $10.50 - $12.50/share ***Priced at $10.50/share***
Shares Offered: 3.5 million ADS
Price Range: $10.50 - $12.50/share ***Priced at $10.50/share***
Shares Offered: 3.5 million ADS
See more details
Life360 (TRADING)
May 10, 2019
Australian Securities Exchange
360 AU (CDI, CHESS Depositary instruments)
Price Range: AU$ 4.79 - AU$5.26/share ***Priced at AU$4.79/share***
Shares Offered: 21.4 - 23.5 million CDIs
Founded in 2008, Life360 is a U.S. startup that develops and operates a family tracking mobile app. The social networking app allows family members to track each other and share each other's location. The company is valued at $689.2 million to $745.8 million based on current pricing. This would be the largest tech IPO in Australia since 2016.
Price Range: AU$ 4.79 - AU$5.26/share ***Priced at AU$4.79/share***
Shares Offered: 21.4 - 23.5 million CDIs
Founded in 2008, Life360 is a U.S. startup that develops and operates a family tracking mobile app. The social networking app allows family members to track each other and share each other's location. The company is valued at $689.2 million to $745.8 million based on current pricing. This would be the largest tech IPO in Australia since 2016.
See more details
Uber* (TRADING)
May 10, 2019
NYSE
UBER US
Price Range: $44.00 - $50.00/share ***Priced at $45.00/share***
Shares Offered: 180,000,000 shares, ~10.7% float
PayPal has agreed to purchase $500 million in a private placement. Current price range indicates a $84 billion valuation, a 30% cut from its previous $120 billion valuation.
Price Range: $44.00 - $50.00/share ***Priced at $45.00/share***
Shares Offered: 180,000,000 shares, ~10.7% float
PayPal has agreed to purchase $500 million in a private placement. Current price range indicates a $84 billion valuation, a 30% cut from its previous $120 billion valuation.
See more details
Applied Therapeutics* (TRADING)
May 14, 2019
NASDAQ GM
APLT US
Price Range: $14.00 - $16.00/share ***Priced at $10.00/share***
Shares Offered: 4,000,000 shares ~23.5% float
Applied Therapeutics is a New York, NY-based clinical-stage biopharmaceutical company founded in 2016. The lead product candidate is developed for the treatment of diabetic cardiomyopathy ant other diabetic related diseases. Applied Therapeutics has 6 product candidates in pipeline with the most advanced program in phase 2/3 clinical trial. The company has all its current product candidates' associated IP rights licensed from Columbia University.
Price Range: $14.00 - $16.00/share ***Priced at $10.00/share***
Shares Offered: 4,000,000 shares ~23.5% float
Applied Therapeutics is a New York, NY-based clinical-stage biopharmaceutical company founded in 2016. The lead product candidate is developed for the treatment of diabetic cardiomyopathy ant other diabetic related diseases. Applied Therapeutics has 6 product candidates in pipeline with the most advanced program in phase 2/3 clinical trial. The company has all its current product candidates' associated IP rights licensed from Columbia University.
See more details
ConversionPoint (POSTPONED)
May 14, 2019
NASDAQ CM
CPTI US
Price Range: $6.00 - $7.00/share
Shares Offered: 6,153,846 shares ~21.85% float
ConversionPoint is a combined company of ConversionPoint and Inuvo. The company provides e-commerce marketing and management supports.
Price Range: $6.00 - $7.00/share
Shares Offered: 6,153,846 shares ~21.85% float
ConversionPoint is a combined company of ConversionPoint and Inuvo. The company provides e-commerce marketing and management supports.
See more details
Frequentis (TRADING)
May 14, 2019
Frankfurt Stock Exchange
FQT GR
Price Range: €18.00 - €21.00/share ***Priced at €18.00/share***
Shares Offered: 3 million shares (1.2 million new shares)
Founded in 1947 to rebuild broadcast communication in war torn Vienna, Frequentis provides voice communication and information management and networking solutions to support land, sea, air and space control center operations. Austrian trust B&C agreed to purchase 10% shares in a private placement.
Price Range: €18.00 - €21.00/share ***Priced at €18.00/share***
Shares Offered: 3 million shares (1.2 million new shares)
Founded in 1947 to rebuild broadcast communication in war torn Vienna, Frequentis provides voice communication and information management and networking solutions to support land, sea, air and space control center operations. Austrian trust B&C agreed to purchase 10% shares in a private placement.
See more details
Postal Realty Trust (TRADING)
May 15, 2019
NYSE
PSTL US (REIT)
Price Range: $19.00 - $21.00/share ***Priced at $17.00/share***
Shares Offered: 5,000,000 shares ***Downsized to 4,500,000 shares***
The corporation owns and manages a portfolio of 271 postal properties lease to the United States Postal Service (USPS) and provides fee-based third party property management services for an additional 404 postal proprieties leased to the USPS.
Price Range: $19.00 - $21.00/share ***Priced at $17.00/share***
Shares Offered: 5,000,000 shares ***Downsized to 4,500,000 shares***
The corporation owns and manages a portfolio of 271 postal properties lease to the United States Postal Service (USPS) and provides fee-based third party property management services for an additional 404 postal proprieties leased to the USPS.
See more details
Finablr (TRADING)
May 15, 2019
London Stock Exchange
FIN LN
Price Range: 210.0 pence - 260.0 pence/share ***Price at 175.00 pence/share***
Price Range: 210.0 pence - 260.0 pence/share ***Price at 175.00 pence/share***
See more details
PIMCO Mortgage Income Trust* (POSTPONED)
May 16, 2019
NYSE
PMTG US
Fixed price at $20.00/share
Shares Offered: 50,000,000 shares
PMTG is a newly organized real estate finance company externally managed and advised by PIMCO. The company intends to acquire, manage and finance Agency RMBS (residential mortgage backed security), MSRs (mortgage servicing rights), Non-Agency RMBS, residential mortgage loans and other real estate-related assets.
Fixed price at $20.00/share
Shares Offered: 50,000,000 shares
PMTG is a newly organized real estate finance company externally managed and advised by PIMCO. The company intends to acquire, manage and finance Agency RMBS (residential mortgage backed security), MSRs (mortgage servicing rights), Non-Agency RMBS, residential mortgage loans and other real estate-related assets.
See more details
SAI Leisure (TRADING)
May 16, 2019
Hong Kong Stock Exchange
1832 HK
Price Range: HK$3.54 - HK$4.48/share ***Priced at HK$3.54/share***
Shares Offered: 90,000,000 shares, 25% float
S.A.I. Leisure is a leisure tourism group began in 1997. The group operates hotels and resorts in Saipan and Guam in the U.S. Island territories.
Price Range: HK$3.54 - HK$4.48/share ***Priced at HK$3.54/share***
Shares Offered: 90,000,000 shares, 25% float
S.A.I. Leisure is a leisure tourism group began in 1997. The group operates hotels and resorts in Saipan and Guam in the U.S. Island territories.
See more details
Leong Hup International (TRADING)
May 16, 2019
Bursa Malaysia
LHIB MK
Price Range: MYR 1.09 - MYR 1.10/share ***Priced at MYR1.10/share***
Established in 1960s and headquartered in Malaysia, Leong Hup International operates in livestock feed production, poultry farming and poultry products in South East Asia region.
Price Range: MYR 1.09 - MYR 1.10/share ***Priced at MYR1.10/share***
Established in 1960s and headquartered in Malaysia, Leong Hup International operates in livestock feed production, poultry farming and poultry products in South East Asia region.
See more details
Luckin Coffee (TRADING)
May 17, 2019
NASDAQ GM
LK US (ADS)
Price Range: $15.00 - $17.00/share ***Priced at $17.00/share***
Shares Offered: 30,000,000 ADSs (equivalent to 240,000,000 ordinary shares) ~12.9% float
***Upsized to 33,000,000 ADSs***
Commenced operation in late 2017, Luckin Coffee is a fast-growing Chinese coffee network. The company provides coffee and other products through both mobile app and store network. Louis Dreyfus Company B.V. has agreed to purchase $50.0 million of the offering. Luckin Coffee is valued at close to $4.0 billion.
Price Range: $15.00 - $17.00/share ***Priced at $17.00/share***
Shares Offered: 30,000,000 ADSs (equivalent to 240,000,000 ordinary shares) ~12.9% float
***Upsized to 33,000,000 ADSs***
Commenced operation in late 2017, Luckin Coffee is a fast-growing Chinese coffee network. The company provides coffee and other products through both mobile app and store network. Louis Dreyfus Company B.V. has agreed to purchase $50.0 million of the offering. Luckin Coffee is valued at close to $4.0 billion.
See more details
Fastly (TRADING)
May 17, 2019
NYSE
FSLY US
Price Range: $14.00 - $16.00/share ***Priced at $16.0/share***
Shares Offered: 11,250,000 shares ~12.4% float (total Class A & B stocks)
Founded in 2011 under the name SkyCache, Fastly is a San Francisco, CA-based Content Delivery Network (CDN) provider. The company provides a cloud platform for developers for both established enterprises and tech companies. Fastly is valued up to $1.45 billion with a P/S ratio of approximately 10x.
Price Range: $14.00 - $16.00/share ***Priced at $16.0/share***
Shares Offered: 11,250,000 shares ~12.4% float (total Class A & B stocks)
Founded in 2011 under the name SkyCache, Fastly is a San Francisco, CA-based Content Delivery Network (CDN) provider. The company provides a cloud platform for developers for both established enterprises and tech companies. Fastly is valued up to $1.45 billion with a P/S ratio of approximately 10x.
See more details
Avantor* (TRADING)
May 17, 2019
NYSE
AVTR US
Price Range: $18.00 - $21.00/share ***Priced at $14.00/share***
***Amended Price Range: $14.00 - $15.00/share***
Shares Offered: 154,000,000 shares (100 shares from selling stockholder) ~36.11% float
***Upsized to 205,000,000 shares, ~39.0% float***
Originated from J.T. Baker Chemical Company in 1904, Avantor was bought by private equity (New Mountain Capital, Raj Gupta) from Covidien in 2010 and grew through a series of acquisitions including two high-profiled deal with NuSil and VWR. Avantor was incorporated in 2017 after the M&A with VWR. Avantor provides materials & consumables, equipment & instrumentation, and services & specialty procurement for biopharma, healthcare, education & goverment, and advanced technologies & applied materiel industries. The offering proceeds will be mainly used to repay outstanding indebtedness. Goldman Sachs will receive approximately 12.5% of the net proceeds of this offering as it to cash out Avantor's senior preferred stock. This is the second largest IPO in the U.S. this year. The lab equipment/special material and chemical maker is valued at close to $9.0 billion if priced on high-end, exclude all debts with a P/S ratio close to 1.5x.
Broad Street Principal Investments, L.L.C. (“BSPI”), a current investor, has indicated an interest in purchasing an aggregate of up to $150 million in common stock in this offering at the initial public offering price.
Price Range: $18.00 - $21.00/share ***Priced at $14.00/share***
***Amended Price Range: $14.00 - $15.00/share***
Shares Offered: 154,000,000 shares (100 shares from selling stockholder) ~36.11% float
***Upsized to 205,000,000 shares, ~39.0% float***
Originated from J.T. Baker Chemical Company in 1904, Avantor was bought by private equity (New Mountain Capital, Raj Gupta) from Covidien in 2010 and grew through a series of acquisitions including two high-profiled deal with NuSil and VWR. Avantor was incorporated in 2017 after the M&A with VWR. Avantor provides materials & consumables, equipment & instrumentation, and services & specialty procurement for biopharma, healthcare, education & goverment, and advanced technologies & applied materiel industries. The offering proceeds will be mainly used to repay outstanding indebtedness. Goldman Sachs will receive approximately 12.5% of the net proceeds of this offering as it to cash out Avantor's senior preferred stock. This is the second largest IPO in the U.S. this year. The lab equipment/special material and chemical maker is valued at close to $9.0 billion if priced on high-end, exclude all debts with a P/S ratio close to 1.5x.
Broad Street Principal Investments, L.L.C. (“BSPI”), a current investor, has indicated an interest in purchasing an aggregate of up to $150 million in common stock in this offering at the initial public offering price.
See more details
Medialink (TRADING)
May 21, 2019
Hong Kong Stock Exchange
2230 HK
Price Range: HK$0.45 - HK$0.53/share ***Priced at HK$0.45/share***
Shares Offered: 498,000,000 shares, ~25% float
Medialink is a media content distributor. Headquartered in Hong Kong, the 18-year-old third-party owned media content distributor has presence in the Asia Pacific region. Medialink generates revenue from media content distribution (93%) and brand licensing (7%).
Price Range: HK$0.45 - HK$0.53/share ***Priced at HK$0.45/share***
Shares Offered: 498,000,000 shares, ~25% float
Medialink is a media content distributor. Headquartered in Hong Kong, the 18-year-old third-party owned media content distributor has presence in the Asia Pacific region. Medialink generates revenue from media content distribution (93%) and brand licensing (7%).
See more details
Arabian Centres (TRADING)
May 22, 2019
Saudi Arabia
ALMRAKEZ AB
Price Range: SAR 26.00 - SAR 33.00/share ***Priced at SAR 26.00/share***
Price Range: SAR 26.00 - SAR 33.00/share ***Priced at SAR 26.00/share***
See more details
Rattler Midstream* (TRADING)
May 23, 2019
RTLR US (Common Unit)
Price Range: $16.00 - $19.00/common unit ***Priced at $17.5/unit***
Shares Offered: 33,333,333 units ***Upsized to 38,000,000 units***
Price Range: $16.00 - $19.00/common unit ***Priced at $17.5/unit***
Shares Offered: 33,333,333 units ***Upsized to 38,000,000 units***
See more details
Peloton Therapeutics (Merck to Acquire)
May 23, 2019
NASDAQ GS
PLTX US
Price Range: $15.00 - $17.00/share
Shares Offered: 9,375,000 shares, ~21.1% float
Founded in 2010 under the name 'Damascus Pharmaceutics', Peloton Therapeutics is a Dallas, Texas-based clinical stage biopharmaceutical company focused on cancer treatment.
Price Range: $15.00 - $17.00/share
Shares Offered: 9,375,000 shares, ~21.1% float
Founded in 2010 under the name 'Damascus Pharmaceutics', Peloton Therapeutics is a Dallas, Texas-based clinical stage biopharmaceutical company focused on cancer treatment.
See more details
Ideaya Biosciences (TRADING)
May 23, 2019
NASDAQ GM
IDYA US
Price Range: $13.00 - $15.00/share ***Priced at $10.0/share***
Shares Offered: 5,000,000 shares, ~25.67% float
Founded in 2015, South San Francisco, CA-based Ideaya Biosciences is a oncology-focused precision medicine company. Ideaya currently has 4 product candidate with the most advanced product candidate in Phase 1 clinical trial. The product candidate is obtained from Novartis.
Price Range: $13.00 - $15.00/share ***Priced at $10.0/share***
Shares Offered: 5,000,000 shares, ~25.67% float
Founded in 2015, South San Francisco, CA-based Ideaya Biosciences is a oncology-focused precision medicine company. Ideaya currently has 4 product candidate with the most advanced product candidate in Phase 1 clinical trial. The product candidate is obtained from Novartis.
See more details
Bicycle Therapeutics* (TRADING)
May 23, 2019
NASDAQ GM
BCYC US (ADS)
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 4,333,333 shares, ~24.5% float
Founded in 2009 in England, Bicycle Therapeutics is a early clinical-stage biopharmaceutical company primarily focused on oncology. The company currently has 4 preclinical/phase I products in its pipeline with the most advanced product candidate fully funded by the Centre for Drug Development of Cancer Research UK. Bicycle also collaborates with several large pharmaceutical companies including AstraZeneca, Bioverativ, Dementia Discovery Fund, and Oxurion. Existing shareholders have indicated an interest in purchase up to $25.0 million in this offering (~36%). Bicycle Therapeutics has a star founding team including Christian Heinis, John Tite, and Nobel prize winner Sir Greg Winter.
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 4,333,333 shares, ~24.5% float
Founded in 2009 in England, Bicycle Therapeutics is a early clinical-stage biopharmaceutical company primarily focused on oncology. The company currently has 4 preclinical/phase I products in its pipeline with the most advanced product candidate fully funded by the Centre for Drug Development of Cancer Research UK. Bicycle also collaborates with several large pharmaceutical companies including AstraZeneca, Bioverativ, Dementia Discovery Fund, and Oxurion. Existing shareholders have indicated an interest in purchase up to $25.0 million in this offering (~36%). Bicycle Therapeutics has a star founding team including Christian Heinis, John Tite, and Nobel prize winner Sir Greg Winter.
See more details
Eagle Hospitality Trust (TRADING)
May 24, 2019
Singapore
EAGLEHT SP
Priced at US$0.78/unit
Priced at US$0.78/unit
See more details
Mulsanne Group (TRADING)
May 27, 2019
HKEX
1817 HK
Price Range: HK$4.68 - HK$5.88/share ***Priced at HK$4.39/share***
Shares Offered: 200,000,000 shares, ~21% float
Mulsanne is a fashion menswear company based in China.
Price Range: HK$4.68 - HK$5.88/share ***Priced at HK$4.39/share***
Shares Offered: 200,000,000 shares, ~21% float
Mulsanne is a fashion menswear company based in China.
See more details
Pujiang International Group (TRADING)
May 28, 2019
HKEX
2060 HK
Price Range: HK$2.56 - HK$3.55/share ***Priced at HK$2.68/share***
Shares Offered: 240,000,000 shares ~30% float
Pujiang International Group is a bridge cables manufacturer and provider in China. The Group also provides prestressed materials for infrastructure constructions. Pujiang International generates revenues from the sales of bridge cables (~37.5% of revenue) and the sales of steel material (62.5%). Cornerstone Investors have agreed to purchase up to HK$237.8 million from the offering (~30% of the offer)
Price Range: HK$2.56 - HK$3.55/share ***Priced at HK$2.68/share***
Shares Offered: 240,000,000 shares ~30% float
Pujiang International Group is a bridge cables manufacturer and provider in China. The Group also provides prestressed materials for infrastructure constructions. Pujiang International generates revenues from the sales of bridge cables (~37.5% of revenue) and the sales of steel material (62.5%). Cornerstone Investors have agreed to purchase up to HK$237.8 million from the offering (~30% of the offer)
See more details
Xinyi Energy (TRADING)
May 28, 2019
Hong Kong Stock Exchange
3868 HK
Price Range: HK$1.89 - HK$2.35/share ***Priced at HK$1.94/share***
Shares Offered: 1,882,609,471 shares ~28.5% float
Xinyi Energy is a non-State owned solar farm owner and operator in China. Xinyi Energy was spun-off from Xinyi Solar in 2017. Xinyi acquires, owns and manages a portfolio of utility-scale ground-mounted solar farms and generates revenue from the sales of electricity to local State Grid. Cornerstone Investors have agreed to subscribe up to 25% of the offer. This is the second largest IPO in Hong Kong YTD. This is also the second IPO attempt since Xinyi withdrawn its filing last year due to market volatility.
Price Range: HK$1.89 - HK$2.35/share ***Priced at HK$1.94/share***
Shares Offered: 1,882,609,471 shares ~28.5% float
Xinyi Energy is a non-State owned solar farm owner and operator in China. Xinyi Energy was spun-off from Xinyi Solar in 2017. Xinyi acquires, owns and manages a portfolio of utility-scale ground-mounted solar farms and generates revenue from the sales of electricity to local State Grid. Cornerstone Investors have agreed to subscribe up to 25% of the offer. This is the second largest IPO in Hong Kong YTD. This is also the second IPO attempt since Xinyi withdrawn its filing last year due to market volatility.
See more details
Essensys Group (TRADING)
May 29, 2019
London Stock Exchange
ESYS LN
Priced at 151.00 pence/share
Shares Offered: 28,000,000 shares
Priced at 151.00 pence/share
Shares Offered: 28,000,000 shares
See more details
Jewel UK Midco (TRADING)
May 30, 2019
London Stock Exchange
WOSG LN (known as Watches of Switzerland Group)
Priced at 270.00 pence/share
Priced at 270.00 pence/share
See more details
Frontage (TRADING)
May 30, 2019
HKEX
1521 HK
Price Range: HK$2.55 - HK$3.20/share ***Priced at HK$3.20/share***
Shares Offered: 501,910,000 shares ~25% float
Frontage is a contract research organization (CRO) providing research for pharmaceutical companies operates both in the U.S. and China through its subsidiaries Frontage Laboratories. The company provides bioanalytical services (>50% of revenues) throughout the drug discovery and development process for large biotechnology, pharmaceutical and agrochemical companies. Cornerstone Investors have agreed to subscribe approximately 41.54% of the offer, if priced on high-end.
Price Range: HK$2.55 - HK$3.20/share ***Priced at HK$3.20/share***
Shares Offered: 501,910,000 shares ~25% float
Frontage is a contract research organization (CRO) providing research for pharmaceutical companies operates both in the U.S. and China through its subsidiaries Frontage Laboratories. The company provides bioanalytical services (>50% of revenues) throughout the drug discovery and development process for large biotechnology, pharmaceutical and agrochemical companies. Cornerstone Investors have agreed to subscribe approximately 41.54% of the offer, if priced on high-end.
See more details
Abacus Medicine (POSTPONED)
May 31, 2019
Frankfurt Stock Exchange
ABC GR
Price Range: €14.50 - €16.00/share
Shares Offered: 3,586,207 shares & 1,365,929 shares offered by existing shareholders
Abacus Medicine A/S is a family-owned pharmaceutical parallel trade company. The company is valued at approximately €160.0 - €176,6 million.
See more details
Mabpharm
May 31, 2019
HKEX
2181 HK
Price Range: HK$1.50 - HK$1.95/share ***Priced at HK$1.50/share***
Shares Offered: 783,580,000 shares ~19% float
Established in 2015, Mabpharm is a Chinese biopharmaceutical company focuses on treatments for cancers and autoimmune diseases. The company has nine antibody drugs in its drug candidates with three under phase III clinical trials.
Price Range: HK$1.50 - HK$1.95/share ***Priced at HK$1.50/share***
Shares Offered: 783,580,000 shares ~19% float
Established in 2015, Mabpharm is a Chinese biopharmaceutical company focuses on treatments for cancers and autoimmune diseases. The company has nine antibody drugs in its drug candidates with three under phase III clinical trials.
See more details
Ultimovacs ASA (TRADING)
June 3, 2019
Oslo Stock Exchange
ULTIMO NO
Priced at NOK 31.25/share
Shares Offered: 11,840,000 shares
Ultimovacs is a clinical-stage pharmaceutical company focused on the development of (universal) cancer vaccine.
Priced at NOK 31.25/share
Shares Offered: 11,840,000 shares
Ultimovacs is a clinical-stage pharmaceutical company focused on the development of (universal) cancer vaccine.
See more details
Haitong UniTrust International Leasing (TRADING)
June 3, 2019
HKEX
1905 HK
Price Range: HK$1.88 - HK$2.08/share ***Priced at HK$1.88/share***
Shares Offered: 1,235,300,000 shares ~21.3% float
Haitong UniTrust is a financial leasing company in China. UniTrust provides financial leasing (69.4% of revenue), operating leasing (3.3%), factoring (8.9%), entrusted loans and other loans (1.4%), as well as advisory services (17.0%). The Group is a spin-off of Haitong Securities (6837 HK).
Price Range: HK$1.88 - HK$2.08/share ***Priced at HK$1.88/share***
Shares Offered: 1,235,300,000 shares ~21.3% float
Haitong UniTrust is a financial leasing company in China. UniTrust provides financial leasing (69.4% of revenue), operating leasing (3.3%), factoring (8.9%), entrusted loans and other loans (1.4%), as well as advisory services (17.0%). The Group is a spin-off of Haitong Securities (6837 HK).
See more details
John Mattson (TRADING)
June 5, 2019
Stockholm, Sweden
JOMA SS
Priced at SEK 90/share
Shares Offered: 14,500,000 shares (offered by AB Borudan Ett, the Principal Shareholder) ~49.5% float (if Overallotment Option is exercised in full)
John Mattson Fastighetsföretagen AB is a Sweden residential property owner and developer with a SEK 6 billion market value of it's property portfolio. John Mattson focuses on property management, refinement, densification and acuisitions. Cornerstone Investors have agreed to purchase up to SEK 910 million (~30.0%) of the offering.
Priced at SEK 90/share
Shares Offered: 14,500,000 shares (offered by AB Borudan Ett, the Principal Shareholder) ~49.5% float (if Overallotment Option is exercised in full)
John Mattson Fastighetsföretagen AB is a Sweden residential property owner and developer with a SEK 6 billion market value of it's property portfolio. John Mattson focuses on property management, refinement, densification and acuisitions. Cornerstone Investors have agreed to purchase up to SEK 910 million (~30.0%) of the offering.
See more details
GSX Techedu (TRADING)
June 6, 2019
NYSE
GSX US (ADS)
Price Range: $9.50 - $11.50/share ***Priced at $10.50/share***
Shares Offered: 19,800,000 ADSs ~25% float of all outstanding shares (Class A & Class B)
Founded in 2014, GSX Techedu is a Beijing-based online education services provider. GSX provides a online K-12 after-school live tutoring platform.
Price Range: $9.50 - $11.50/share ***Priced at $10.50/share***
Shares Offered: 19,800,000 ADSs ~25% float of all outstanding shares (Class A & Class B)
Founded in 2014, GSX Techedu is a Beijing-based online education services provider. GSX provides a online K-12 after-school live tutoring platform.
See more details
Marel HF (TRADING)
June 7, 2019
Euronext Amsterdam
MAREL NA
Price Range: €3.40 - €3.90/share ***Priced at €3.70/share***
***Amended Price Range: €3.65 - €3.75/share***
Shares Offered: 100,000,000 new shares ~15% float
Marel is a advanced food processing equipment, systems, software and services provider focused on the poultry, meat and fish industries. BlackRock and Credit Suisse have committed to subscribe up to €102 million from the offer (approximately 28.6% of the offer). Noted: Marel was listed on NASDAQ Iceland in 1992 (MAREL IR).
Price Range: €3.40 - €3.90/share ***Priced at €3.70/share***
***Amended Price Range: €3.65 - €3.75/share***
Shares Offered: 100,000,000 new shares ~15% float
Marel is a advanced food processing equipment, systems, software and services provider focused on the poultry, meat and fish industries. BlackRock and Credit Suisse have committed to subscribe up to €102 million from the offer (approximately 28.6% of the offer). Noted: Marel was listed on NASDAQ Iceland in 1992 (MAREL IR).
See more details
Revolve Group (TRADING)
June 7, 2019
NYSE
RVLV US
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 11,764,706 shares (2,941,176 new shares & 8,823,530 shares from selling stockholders) ~17.2% float
Founded in 2003, REVOLVE is a fashion retailer focused on Millennial and Generation Z consumers. The company leverage social media and influencer marketing to drive sales. REVOLVE is valued at close to $1.2 billion if priced on high-end.
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 11,764,706 shares (2,941,176 new shares & 8,823,530 shares from selling stockholders) ~17.2% float
Founded in 2003, REVOLVE is a fashion retailer focused on Millennial and Generation Z consumers. The company leverage social media and influencer marketing to drive sales. REVOLVE is valued at close to $1.2 billion if priced on high-end.
See more details
Prospa Group (TRADING)
June 11, 2019
Australia Stock Exchange
PGL AU
Priced at AU$3.78/share
Prospa Group is an Australian consumer financing services company. The fintech company provides online small business loans. The offer valued the company at AU$610 million. Prospa attempted to list on ASX last year but pulled the listing on last minute.
Priced at AU$3.78/share
Prospa Group is an Australian consumer financing services company. The fintech company provides online small business loans. The offer valued the company at AU$610 million. Prospa attempted to list on ASX last year but pulled the listing on last minute.
See more details
PointsBet (TRADING)
June 12, 2019
ASE
PBH AU
Priced at AU$2.00/share
Shares Offered: 37.50 million share
PointsBet is an Australia online bookmaker offers sports betting in NBA, AFL, and NRL with both traditional fixed odds markets and spreads betting options.
Priced at AU$2.00/share
Shares Offered: 37.50 million share
PointsBet is an Australia online bookmaker offers sports betting in NBA, AFL, and NRL with both traditional fixed odds markets and spreads betting options.
See more details
Mohawk Group (TRADING)
June 12, 2019
NASDAQ CM
MWK US
Price Range: $14.00 - $16.00/share ***Priced at $10.00/share***
Shares Offered: 3,333,333 shares ~19.2% float ***Upsized to 3,600,000 shares***
Founded in 2014, Mohawk sells consumer packaged goods (CPG) on the Amazon US marketplace and other e-commerce platforms. The company owned and operated four brands in the home and kitchen appliances, beauty related products and consumer electronics categories. The company is traded at a P/S ratio of ~3.5x.
Price Range: $14.00 - $16.00/share ***Priced at $10.00/share***
Shares Offered: 3,333,333 shares ~19.2% float ***Upsized to 3,600,000 shares***
Founded in 2014, Mohawk sells consumer packaged goods (CPG) on the Amazon US marketplace and other e-commerce platforms. The company owned and operated four brands in the home and kitchen appliances, beauty related products and consumer electronics categories. The company is traded at a P/S ratio of ~3.5x.
See more details
China East Education (TRADING)
June 12, 2019
HKEX
667 HK
Price Range: HK$9.80 - HK$12.26/share ***Priced at HK$11.25/share***
Shares Offered: 435.8 million shares
China East Education provides vocational training in China. This will be the largest education listing.
Price Range: HK$9.80 - HK$12.26/share ***Priced at HK$11.25/share***
Shares Offered: 435.8 million shares
China East Education provides vocational training in China. This will be the largest education listing.
See more details
China Tobacco International HK (TRADING)
June 12, 2019
HKEX
6055 HK
Price Range: HK$3.88 - HK$4.88/share ***Priced at HK$4.88/share***
Shares Offered: 166,670,000 shares ~25% float
Established in 2004, China Tobacco International HK is the offshore platform of China Tobacco for capital markets operation and international business expansion. The company is in charge of the management and operation of the international businesses of CNTC Group (the export/import of tobacco leaf products, cigarettes and new tobacco products). The offer is priced at ~1.7x P/E ratio.
Price Range: HK$3.88 - HK$4.88/share ***Priced at HK$4.88/share***
Shares Offered: 166,670,000 shares ~25% float
Established in 2004, China Tobacco International HK is the offshore platform of China Tobacco for capital markets operation and international business expansion. The company is in charge of the management and operation of the international businesses of CNTC Group (the export/import of tobacco leaf products, cigarettes and new tobacco products). The offer is priced at ~1.7x P/E ratio.
See more details
CrowdStrike* (TRADING)
June 12, 2019
NASDAQ GS
CRWD US
Price Range: $19.00 - $23.00/share ***Priced $34.00/share***
***Amended Price Range: $28.00 - $30.00/share***
Shares Offered: 18,000,000 shares ~9.15% float (of total Class A & B common stock outstanding)
Founded in 2011, CrowdStrike is a cybersecurity company. CrowdStrike offers Falcon platform that offers SaaS subscription-based model for customers in multiple security markets including endpoint security, IT services etc. The company generates majority of income from subscription revenue and also from incident response and proactive professional services. CrowdStrike is valued at over $4.5 billion in current indicative price range with a P/S ratio of ~18x.
Price Range: $19.00 - $23.00/share ***Priced $34.00/share***
***Amended Price Range: $28.00 - $30.00/share***
Shares Offered: 18,000,000 shares ~9.15% float (of total Class A & B common stock outstanding)
Founded in 2011, CrowdStrike is a cybersecurity company. CrowdStrike offers Falcon platform that offers SaaS subscription-based model for customers in multiple security markets including endpoint security, IT services etc. The company generates majority of income from subscription revenue and also from incident response and proactive professional services. CrowdStrike is valued at over $4.5 billion in current indicative price range with a P/S ratio of ~18x.
See more details
AptaBio Therapeutics (TRADING)
June 12, 2019
KOSDAQ
293780 KS
Price Range: KRW21,000 - KRW25,000/share ***Priced at KRW30,000/share***
Price Range: KRW21,000 - KRW25,000/share ***Priced at KRW30,000/share***
See more details
Fiverr International (TRADING)
June 13, 2019
NYSE
FVRR US
Price Range: $18.00 - $20.00/share ***Priced at $21.00/share***
Shares Offered: 5,263,158 shares ~16.98% float
Founded in 2010 in Israel, Fiverr International provides a e-commerce marketplace platform for freelancers. Fiverr International generates revenue through transaction fees and service fees. The company is valued at approx. $620 million and at a 8.2x P/S ratio if priced on high-end.
Price Range: $18.00 - $20.00/share ***Priced at $21.00/share***
Shares Offered: 5,263,158 shares ~16.98% float
Founded in 2010 in Israel, Fiverr International provides a e-commerce marketplace platform for freelancers. Fiverr International generates revenue through transaction fees and service fees. The company is valued at approx. $620 million and at a 8.2x P/S ratio if priced on high-end.
See more details
Tai Hing Group (TRADING)
June 13, 2019
HKEX
6811 HK
Price Range : HK$2.80 - HK$3.80/share ***Priced at HK$3.00/share***
Shares Offered: 250,000,000 shares ~25% float
Tai Hing is a multi-brand casual dining restaurant group originated in Hong Kong and operates in Mainland China, Hong Kong, Macau and Taiwan.
Price Range : HK$2.80 - HK$3.80/share ***Priced at HK$3.00/share***
Shares Offered: 250,000,000 shares ~25% float
Tai Hing is a multi-brand casual dining restaurant group originated in Hong Kong and operates in Mainland China, Hong Kong, Macau and Taiwan.
See more details
Hansoh Pharmaceutical (TRADING)
June 14, 2019
HKEX
3692 HK
Price Range: HK$13.06 - HK$14.26/share ***Priced at $14.26/share***
Shares Offered: 551,280,000 shares ~9.66% float
Hansoh is a profitable Chinese pharmaceutical company with a broad drug portfolio. The pharmaceutical company is valued at over $10.0 billion. This is the second billion dollar offer in Hong Kong YTD.
Price Range: HK$13.06 - HK$14.26/share ***Priced at $14.26/share***
Shares Offered: 551,280,000 shares ~9.66% float
Hansoh is a profitable Chinese pharmaceutical company with a broad drug portfolio. The pharmaceutical company is valued at over $10.0 billion. This is the second billion dollar offer in Hong Kong YTD.
See more details
Chewy (TRADING)
June 14, 2019
NYSE
CHWY US
Price Range: $17.00 - $19.00
Amended Price Range: $19.00 - $21.00 ***Priced at $22.00/share***
Shares Offered: 41,600,000 shares (5,600,000 new shares & 36,000,000 from selling stockholder) ~10.4% float ***Upsized***
Launched in 2011, Chewy is a pet e-commerce. The company carries third-party brands and operates its own private brands in pet products. Chewy also launched its OTC and veterinarian diet offer and Chewy Pharmacy. PetSmart will continue to own approximately 70% of Chewy. The company is valued at $7.5 billion.
Price Range: $17.00 - $19.00
Amended Price Range: $19.00 - $21.00 ***Priced at $22.00/share***
Shares Offered: 41,600,000 shares (5,600,000 new shares & 36,000,000 from selling stockholder) ~10.4% float ***Upsized***
Launched in 2011, Chewy is a pet e-commerce. The company carries third-party brands and operates its own private brands in pet products. Chewy also launched its OTC and veterinarian diet offer and Chewy Pharmacy. PetSmart will continue to own approximately 70% of Chewy. The company is valued at $7.5 billion.
See more details
CSSC Hong Kong Shipping (TRADING)
June 17, 2019
HKEX
3877 HK
Price Range: HK$1.34 - HK$1.42/share ***Priced at HK$1.34/share***
Shares Offered: 1,534,020,000 shares ~25% float
Established in 2012, CSSC Hong Kong Shipping is a shipyard-affiliated leasing company in China. The company provides finance and operating leasing services on ship leasing as well as shipbroking and loan services.
Price Range: HK$1.34 - HK$1.42/share ***Priced at HK$1.34/share***
Shares Offered: 1,534,020,000 shares ~25% float
Established in 2012, CSSC Hong Kong Shipping is a shipyard-affiliated leasing company in China. The company provides finance and operating leasing services on ship leasing as well as shipbroking and loan services.
See more details
Huatai Securities (TRADING)
June 17, 2019
London International
HTSC LI (Jointly Listed London-Shanghai)
Price Range: US$20.00 - US$24.50/share ***Priced at US$20.50/share***
Shares Offered: 75.0 million
Huatai is a Chinese brokerage.
Price Range: US$20.00 - US$24.50/share ***Priced at US$20.50/share***
Shares Offered: 75.0 million
Huatai is a Chinese brokerage.
See more details
JH Educational Technology (TRADING)
June 18, 2019
HKEX
1935 HK
Price Range: HK$1.50 - HK$1.92/share ***Priced at HK$1.50/share***
Price Range: HK$1.50 - HK$1.92/share ***Priced at HK$1.50/share***
See more details
Maharah Human Resources (TRADING)
June 18, 2019
Saudi Arabia
MAHARAH AB
Offer Price: SAR 69.00/share
Shares Offered: 11.25 million
Offer Price: SAR 69.00/share
Shares Offered: 11.25 million
See more details
OKEA ASA (POSTPONED-TRADING)
June 18, 2019
Oslo Stock Exchange
OKEA NO
Price Range: NOK25.00 - NOK33.00/share ***Priced at NOK21.00/share***
Shares Offered: 26,000,000 new shares & 4,180,000 shares offered by selling shareholders ~30% float
Established in 2015, OKEA ASA is a oil&gas producer operating on the Norwegian Continental Shelf (NCS).
Price Range: NOK25.00 - NOK33.00/share ***Priced at NOK21.00/share***
Shares Offered: 26,000,000 new shares & 4,180,000 shares offered by selling shareholders ~30% float
Established in 2015, OKEA ASA is a oil&gas producer operating on the Norwegian Continental Shelf (NCS).
See more details
Stoke Therapeutics* (TRADING)
June 19, 2019
NASDAQ GM
STOK US
Price Range: $14.00 - $16.00/share ***Priced at $18.00/share***
Shares Offered: 6,700,000 shares, 22.1% float ***Upsized***
Founded in 2014 as ASOthera Pharmaceuticals in Massachusetts, Stoke Therapeutics is an early-stage biotechnology company focuses on genetic medicine designed to target the underlying cause of Dravet syndrome
Price Range: $14.00 - $16.00/share ***Priced at $18.00/share***
Shares Offered: 6,700,000 shares, 22.1% float ***Upsized***
Founded in 2014 as ASOthera Pharmaceuticals in Massachusetts, Stoke Therapeutics is an early-stage biotechnology company focuses on genetic medicine designed to target the underlying cause of Dravet syndrome
See more details
Rizhao Port Jurong (TRADING)
June 19, 2019
HKEX
6117 HK
Price Range: HK$1.37 - HK$1.51/share ***Priced at HK$1.50/share***
Price Range: HK$1.37 - HK$1.51/share ***Priced at HK$1.50/share***
See more details
Sansan (TRADING)
June 19, 2019
Tokyo Stock Exchange
4443 JP
Price Range: JPY4,000 - JPY4,500/share ***Priced at JPY 4,500/share****
Sansan is a Tokyo-based business card-based customer relationship management (CRM) startup.
Price Range: JPY4,000 - JPY4,500/share ***Priced at JPY 4,500/share****
Sansan is a Tokyo-based business card-based customer relationship management (CRM) startup.
See more details
K2A Knaust & Anderson Fastigheter (Trading)
June 20, 2019
Stockholm
K2AB SS
Offer Price: SEK71.00/share
Offer Price: SEK71.00/share
See more details
Personalis* (TRADING)
June 20, 2019
NASDAQ GM
PSNL US
Offered Price: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 6,666,667 shares ~23.4% float ***Upsized***
Incorporated in 2011 in Menlo Park, CA, Personalis is a cancer genomics company aimed to provide molecular data about each patient's cancer and immune response as well as liquid biopsy assay that analyzes human genes for biopharmaceutical companies. Personalis generates revenue from selling sequencing and data analysis services. The company is valued at ~$455 million with a P/S ratio of 12x.
Offered Price: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 6,666,667 shares ~23.4% float ***Upsized***
Incorporated in 2011 in Menlo Park, CA, Personalis is a cancer genomics company aimed to provide molecular data about each patient's cancer and immune response as well as liquid biopsy assay that analyzes human genes for biopharmaceutical companies. Personalis generates revenue from selling sequencing and data analysis services. The company is valued at ~$455 million with a P/S ratio of 12x.
See more details
Dermavant Sciences (POSTPONED)
June 20, 2019
NASDAQ GM
DRMT US
Price Range: $12.00-$14.00/share
Shares Offered: 7,700,000 shares ~31.4% float
incorporated in 2015, Dermavant is a clinical-stage biopharmaceutical company focused on medical dermatology especially in psoriasis and atopic dermatitis. Dermavant is a wholly owned subsidiary of Roivant Sciences (RSL). RSL has indicated an interest to purchase up to $35 million of this offering (>30%).
Price Range: $12.00-$14.00/share
Shares Offered: 7,700,000 shares ~31.4% float
incorporated in 2015, Dermavant is a clinical-stage biopharmaceutical company focused on medical dermatology especially in psoriasis and atopic dermatitis. Dermavant is a wholly owned subsidiary of Roivant Sciences (RSL). RSL has indicated an interest to purchase up to $35 million of this offering (>30%).
See more details
Slack (TRADING)
June 20, 2019
NYSE
WORK US (Direct Listing)
Direct Listing Price at $26.00/share
Direct Listing Price at $26.00/share
See more details
ESR Cayman (POSTPONED)
June 20, 2019
HKEX
1821 HK
Price Range: HK$16.20 - HK$17.40/share
Offered Shares: 560,700,000 shares, ~18.5% float
ESR Cayman is a logistic real estate developer. The group develop and manage logistic facilities that cater to e-commerce companies. ESR is the largest warehouse landlord in Asia-Pacific region.
Price Range: HK$16.20 - HK$17.40/share
Offered Shares: 560,700,000 shares, ~18.5% float
ESR Cayman is a logistic real estate developer. The group develop and manage logistic facilities that cater to e-commerce companies. ESR is the largest warehouse landlord in Asia-Pacific region.
See more details
Akero Therapeutics (TRADING)
June 20, 2019
NASDAQ GM
AKRO US
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 5,000,000 shares, ~19% float ***Upsized***
Incorporated in 2017 under the name Pippin Pharmaceuticals, Akero Therapeutics is a clinical-stage biotechnology company focused on metabolic diseases especially on nonalcoholic steatohepatitis, or NASH (a severe form of nonalcoholic fatty liver disease).
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 5,000,000 shares, ~19% float ***Upsized***
Incorporated in 2017 under the name Pippin Pharmaceuticals, Akero Therapeutics is a clinical-stage biotechnology company focused on metabolic diseases especially on nonalcoholic steatohepatitis, or NASH (a severe form of nonalcoholic fatty liver disease).
See more details
Grocery Outlet* (TRADING)
June 20, 2019
NASDAQ GS
GO US
Price Range: $15.00 - $17.00/share
Amended Price Range: $18.00 - $19.00/share ***Priced at $22.00/share***
Offered Shares: 17,187,500, ~20% float
Grocery Outlet is an PE-backed Emeryville, CA-based discounted retailer for consumables and fresh products through a network of independently operated stores. GO is valued at approx. $1.5 billion, with a P/S ratio at ~0.63x, while the EPS for GO is at $0.23.
Price Range: $15.00 - $17.00/share
Amended Price Range: $18.00 - $19.00/share ***Priced at $22.00/share***
Offered Shares: 17,187,500, ~20% float
Grocery Outlet is an PE-backed Emeryville, CA-based discounted retailer for consumables and fresh products through a network of independently operated stores. GO is valued at approx. $1.5 billion, with a P/S ratio at ~0.63x, while the EPS for GO is at $0.23.
See more details
Atreca* (TRADING)
June 20, 2019
NASDAQ GM
BCEL US
Price Range: $16.00-$18.00/share ***Priced at $17,00/share***
Shares Offered: 7,350,000 shares
Founded in 2010, Atreca is an early-stage biopharmaceutical company focused on oncology. The lead product candidate is for treatment of solid tumors and has yet to file for an Investigational New Drug (IND).
Price Range: $16.00-$18.00/share ***Priced at $17,00/share***
Shares Offered: 7,350,000 shares
Founded in 2010, Atreca is an early-stage biopharmaceutical company focused on oncology. The lead product candidate is for treatment of solid tumors and has yet to file for an Investigational New Drug (IND).
See more details
Prevail Therapeutics* (TRADING)
June 20, 2019
NASDAQ GM
PRVL US
Price Range: $16.00-$18.00/share ***Priced at $17.00/share***
Shares Offered: 7,353,000 shares, ~22% float
Incorporated in 2017, Prevail Therapeutics is an early-stage gene therapy company with a lead program for the treatment of Parkinson's disease and other neurodegenerative diseases.
Price Range: $16.00-$18.00/share ***Priced at $17.00/share***
Shares Offered: 7,353,000 shares, ~22% float
Incorporated in 2017, Prevail Therapeutics is an early-stage gene therapy company with a lead program for the treatment of Parkinson's disease and other neurodegenerative diseases.
See more details
Norbit ASA (TRADING)
June 20, 2019
Oslo
NORBIT NO
Price Range: NOK23.00 - NOK30.00/share ***Priced at NOK19.00/share***
Shares Offered: 28.34 million shares ***Upsized***
Price Range: NOK23.00 - NOK30.00/share ***Priced at NOK19.00/share***
Shares Offered: 28.34 million shares ***Upsized***
See more details
Trainline (TRADING)
June 21, 2019
London Stock Exchange
TRN LN
Price Range: 318.00 - 360.00 pence/share ***Priced at 350.00 pence/share***
Shares Offered: 271.65 million share ***Upsized***
See more details
Scholar Education Group (TRADING)
June 21, 2019
HKSE
1769 HK
Price Range: HK$3.64 - HK$4.68/share ***Priced at HK$3.68/share***
Price Range: HK$3.64 - HK$4.68/share ***Priced at HK$3.68/share***
See more details
VGI Partners (TRADING)
June 21, 2019
ASE
VGI AU
Priced at AU$5.50/share
Shares Offered: 13.64 million ***Upsized***
Priced at AU$5.50/share
Shares Offered: 13.64 million ***Upsized***
See more details
Argentex Group (TRADING)
June 25, 2019
London Stock Exchange
AGFX LN
Placing Price at 106.00 pence/share
Placing Price at 106.00 pence/share
See more details
Jinxin Fertility Group (TRADING)
June 25, 2019
HKSE
1951 HK
Price Range: HK$7.76 - HK$8.54/share ***Priced at HK$8.54/share***
Shares Offered: 357.12 million shares
Price Range: HK$7.76 - HK$8.54/share ***Priced at HK$8.54/share***
Shares Offered: 357.12 million shares
See more details
Cambium Networks* (TRADING)
June 26, 2019
NASDAQ GM
CMBM US
Price Range: $13.00 - $15.00/share ***Priced at $12.00/share***
Shares Offered: 5,800,000 share, ~23.00% float
Formed in 2011 as Vector Cambium, Cambium Networks provides wireless broadband networking infrastructure solutions for network operators. Cambium is hold by Vector Capital a private equity firm.
Price Range: $13.00 - $15.00/share ***Priced at $12.00/share***
Shares Offered: 5,800,000 share, ~23.00% float
Formed in 2011 as Vector Cambium, Cambium Networks provides wireless broadband networking infrastructure solutions for network operators. Cambium is hold by Vector Capital a private equity firm.
See more details
Linx S.A.* (TRADING)
June 27, 2019
NYSE
LINX US (ADS)
The common shares are listed in Brazil under the symbol LINX3.
Expected US offer price: US$9.68/share, based on closing price on June 24, 2019
***Priced at $9.40/share***
Shares Offered: 29,274,601 shares ***Upsized***
Linx is a cloud-based technology software company in Brazil founded in 1985.
The common shares are listed in Brazil under the symbol LINX3.
Expected US offer price: US$9.68/share, based on closing price on June 24, 2019
***Priced at $9.40/share***
Shares Offered: 29,274,601 shares ***Upsized***
Linx is a cloud-based technology software company in Brazil founded in 1985.
See more details
Change Healthcare* (TRADING)
June 27, 2019
NASDAQ GS
CHNG US
Price Range: $16.00 - $19.00/share ***Priced at $13.00/share***
Shares Offered: 42,857,142 shares, ~14.56% float
Change Healthcare is an independent healthcare technology platform that provides data and analytics-driven solution for the U.S. healthcare system. Valued at over $5.5 billion, Change Healthcare is the technology solution unit spinoff of McKesson.
See more details
BridgeBio Pharma* (TRADING)
June 27, 2019
NASDAQ GM
BBIO US
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 15,000,000 shares ~13.0% float ***Upsized***
Founded in 2015, BridgeBio is a biopharmaceutical company focused on treatment in Mendelian, Oncology and Gene therapy. BridgeBio currently has four product candidates in Phase 2/3 clinical trials. KKR & Co. and Viking Global are the two major backer of the company.
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 15,000,000 shares ~13.0% float ***Upsized***
Founded in 2015, BridgeBio is a biopharmaceutical company focused on treatment in Mendelian, Oncology and Gene therapy. BridgeBio currently has four product candidates in Phase 2/3 clinical trials. KKR & Co. and Viking Global are the two major backer of the company.
See more details
Morphic* (TRADING)
June 27, 2019
NASDAQ GM
MORF US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares, ~17.5% float
Formed in 2014 under the name Integrin Rock, Morphic is a pre-clinical stage biopharmaceutical company focused on oral small-molecule integrin therapies. The company is in collaboration with AbbVie for its most advanced (IND in 2020) product candidate. Exiting stockholders have indicated an interest in purchasing up to approx. $30.0 million of this offer.
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares, ~17.5% float
Formed in 2014 under the name Integrin Rock, Morphic is a pre-clinical stage biopharmaceutical company focused on oral small-molecule integrin therapies. The company is in collaboration with AbbVie for its most advanced (IND in 2020) product candidate. Exiting stockholders have indicated an interest in purchasing up to approx. $30.0 million of this offer.
See more details
Shinnihonseiyaku (TRADING)
June 27, 2019
Tokyo
4931 JP
Price Range: JPY1,350.0 - JPY1,470.0/share ***Priced at JPY1,470.0/share***
Shares Offered: 300,000 (new issue)0, 4,570,000 (selling shareholders)
Founded in 1992, Shinnihonseiyaku is a Fukuoka-based Japanese company specialized in mail order sales of cosmetics, healthcare products/supplements and medicines.
Price Range: JPY1,350.0 - JPY1,470.0/share ***Priced at JPY1,470.0/share***
Shares Offered: 300,000 (new issue)0, 4,570,000 (selling shareholders)
Founded in 1992, Shinnihonseiyaku is a Fukuoka-based Japanese company specialized in mail order sales of cosmetics, healthcare products/supplements and medicines.
See more details
Priam Properties (POSTPONED)
June 27, 2019
NYSE
PRMI US (REIT)
Offer Price: $18.00 - $20.00/share
Shares Offered: 9 million
Offer Price: $18.00 - $20.00/share
Shares Offered: 9 million
See more details
Adaptive Biotechnologies* (TRADING)
June 27, 2019
NASDAQ GS
ADPT US
Price Range: $15.00 - $17.00/share ***Priced at $20.00/share***
Amended Price Range: $18.00 - $19.00/share***
Shares Offered: 12,500,000 shares ~10.55% float ***Upsized to 15 million shares***
Founded in 2009, Seattle-based Adaptive Biotechnologies is a commercial-stage life sciences research and clinical diagnostics company focused on immune system. The company is valued at approx $2.0 billion.
Price Range: $15.00 - $17.00/share ***Priced at $20.00/share***
Amended Price Range: $18.00 - $19.00/share***
Shares Offered: 12,500,000 shares ~10.55% float ***Upsized to 15 million shares***
Founded in 2009, Seattle-based Adaptive Biotechnologies is a commercial-stage life sciences research and clinical diagnostics company focused on immune system. The company is valued at approx $2.0 billion.
See more details
Traton (TRADING)
June 28, 2019
Frankfurt
8TRA GR
Price Range: €27.00 - €33.00/share ***Priced at €27.00/share***
Amended Price Range: €27.00 - €28.00/share
Shares Offered: 50.00 million ~10.0% - 11.5% float
Traton is the heavy truck unit spin-off of Volkswagen. The price range gave Traton a valuation of €16.5 billion if priced on high-end.
Price Range: €27.00 - €33.00/share ***Priced at €27.00/share***
Amended Price Range: €27.00 - €28.00/share
Shares Offered: 50.00 million ~10.0% - 11.5% float
Traton is the heavy truck unit spin-off of Volkswagen. The price range gave Traton a valuation of €16.5 billion if priced on high-end.
See more details
Impro Precision Industries (TRADING)
June 28, 2019
HKEX
1286 HK
Price Range: HK$2.80 - HK$3.30/share ***Priced at HK3.00/share***
Shares Offered: 333.30 million
Impro Precision Industries is manufacturer of high-precision, high-complexity and mission-critical casting and machined components for diverse end-markets. The company supplies customized casting and machined products and provides surface treatment survices to customers.
Price Range: HK$2.80 - HK$3.30/share ***Priced at HK3.00/share***
Shares Offered: 333.30 million
Impro Precision Industries is manufacturer of high-precision, high-complexity and mission-critical casting and machined components for diverse end-markets. The company supplies customized casting and machined products and provides surface treatment survices to customers.
See more details
Aluflexpack (TRADING)
June 28, 2019
SIX Swiss
AFP SW
Price Range: CHF 20.00 - CHF 26.00/share ***Priced at CHF 21.00/share***
Shares Offered: 7.300,000 shares, ~46.4% float
Aluflexpack AG is a subsidiary of Montana Tech Components AG. Headquartered in Reinach (AG), Switzerland, Afluflexpack produces flexible packaging solutions for markets such as coffee/tea, pharmaceuticals, pet food, confectionery and dairy.
See more details
The RealReal* (TRADING)
June 28, 2019
NASDAQ GS
REAL US
Price Range: $17.00 - $19.00/share ***Priced at $20.00/share***
Shares Offered: 15,000,000 shares, ~18.1% float
The RealReal is a online marketplace for consigned luxury goods. The RealReal is valued at over $1.5 billion on current price range with a P/E ratio of approx. 11.5x.
Price Range: $17.00 - $19.00/share ***Priced at $20.00/share***
Shares Offered: 15,000,000 shares, ~18.1% float
The RealReal is a online marketplace for consigned luxury goods. The RealReal is valued at over $1.5 billion on current price range with a P/E ratio of approx. 11.5x.
See more details
Airtel Africa (TRADING)
June 28, 2019
London
AAF LN
Price Range: 80.00 pence - 100.00 pence/share ***Priced at 80 pence/share***
Shares Offered: 676.4 million shares
Airtel Africa is a subsidiary of Bharti Airtel. Airtel Africa provides telecom services across 14 African countries. The current price range implied a market cap of approx. £3.6 billion if priced on high-end.
See more details
Karuna Therapeutics* (TRADING)
June 28, 2019
NASDAQ GM
KRTX US
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 4,375,000 shares, ~20.5% float
Incorporated in 2009 as Karuna Pharmaceuticals, Karuna Therapeutics is a Boston, Massachusetts-based clinical-stage biopharmaceutical company focused on neuropsychiatrics therapies. Karuna's most advanced product candidate for psychosis symptoms among schizophrenia patients is currently in Phase 2 clinical study.
See more details
Neoenergia (TRADING)
July 1, 2019
B3 Day Exchange
NEOE3 BZ
Price Range: BRL 14.42 - BRL 16.89/share ***Priced at BRL 15.65/share***
Neoenergia is a Brazilian power distributor.
This is the biggest IPO from a Brazilian company YTD and the first offer in 2 months. Brazil's state bank Banco do Brasil sold its entire stake in Neoengergia, while controller, Spanish utility company Iberdrola reduced its stake to 50% from 52.45%. The other large stakeholder - Brazilian pension fund Previ also sold over 10% of its stake. The offer price valued the company at approximately $4.9 billion.
Price Range: BRL 14.42 - BRL 16.89/share ***Priced at BRL 15.65/share***
Neoenergia is a Brazilian power distributor.
This is the biggest IPO from a Brazilian company YTD and the first offer in 2 months. Brazil's state bank Banco do Brasil sold its entire stake in Neoengergia, while controller, Spanish utility company Iberdrola reduced its stake to 50% from 52.45%. The other large stakeholder - Brazilian pension fund Previ also sold over 10% of its stake. The offer price valued the company at approximately $4.9 billion.
See more details
AFW (TRADING)
July 1, 2019
KOSDAQ
312610 KS
Price Range: KRW 19,500 - KRW 22,500/share ***Priced at 22,500 won/share***
Established in 1998, AFW specializes in making electric vehicle (EV) and industrial equipment components including cathode friction welding (rivet) terminals.
Price Range: KRW 19,500 - KRW 22,500/share ***Priced at 22,500 won/share***
Established in 1998, AFW specializes in making electric vehicle (EV) and industrial equipment components including cathode friction welding (rivet) terminals.
See more details
Global Fashion Group (TRADING)
July 2, 2019
Frankfurt
GFG GR
Price Range: €6.00 - €8.00/share ***Lower to €4.50/share***
Shares Offered: 42,900,000 shares *Upsize to 44,400,000 shares*
***Final downsized to 40,000,000 shares***
Global Fashion Group is an online fashion retailer in emerging markets. Rocket Internet owns approx. 20% of the company. The offer was postponed for a week due to little demand and investors' skepticism.
See more details
Richmond Mutual Bancorporation (TRADING)
July 2, 2019
NASDAQ CM
RMBI US
Fixed Price at $10.00/share
Fixed Price at $10.00/share
See more details
Pumtech Korea (TRADING)
July 4, 2019
KOSDAQ
251970 KS
Price Range: KRW 240,000 - KRW 270,000/share ***Priced at 190,000 won/share***
Shares Offered: 640,000 shares ***Downsized to 512,000 shares***
Price Range: KRW 240,000 - KRW 270,000/share ***Priced at 190,000 won/share***
Shares Offered: 640,000 shares ***Downsized to 512,000 shares***
See more details
Homeland Interactive Technology (TRADING)
July 4, 2019
HKEX
3798 HK
Price Range: HK1.35 - HK1.85/share
Shares Offered: 314,000,000 shares ~25.00% float
Homeland Interactive Technology is a localized mobile card and board game developer and operator in China. The company focused on Mahjong and poker games.
Price Range: HK1.35 - HK1.85/share
Shares Offered: 314,000,000 shares ~25.00% float
Homeland Interactive Technology is a localized mobile card and board game developer and operator in China. The company focused on Mahjong and poker games.
See more details
MNC Vision Networks (TRADING)
July 8, 2019
Indonesia
IPTV IJ
Price Range: IDR 231.00 - 243.00/share ***Priced at IDR 240.00/share***
Price Range: IDR 231.00 - 243.00/share ***Priced at IDR 240.00/share***
See more details
Sinarmas MSIG Life (TRADING)
July 9, 2019
Indonesia
LIFE IJ
Fixed priced at IDR 12,100/share, downsized
Asuransi Jiwa Sinarmas MSIG
See more details
ManpowerGroup Greater China (TRADING)
July 10, 2019
HKEX
2180 HK
Price Range: HK$9.90 - HK$12.60 ***Priced at HK$9.90/share***
Price Range: HK$9.90 - HK$12.60 ***Priced at HK$9.90/share***
See more details
CIMC Vehicles Group (TRADING)
July 11, 2019
HKEX
1839 HK
Price Range: HK$6.38 - HK$8.08 ***Priced at HK$6.38/share***
Price Range: HK$6.38 - HK$8.08 ***Priced at HK$6.38/share***
See more details
Kimou Enviromental (TRADING)
July 16, 2019
HKEX
6805 HK
Price Range: HK$1.08 - HK$1.44/share ***Priced at HK$1.33/share***
Shares Offered: 280.0 millions
Price Range: HK$1.08 - HK$1.44/share ***Priced at HK$1.33/share***
Shares Offered: 280.0 millions
See more details
Edvantage Group (TRADING)
July 16, 2019
HKEX
382 HK
Price Range: HK$2.48 - HK$3.22/share ***Priced at HK$2.85***
Shares Offered: 250.0 million
Price Range: HK$2.48 - HK$3.22/share ***Priced at HK$2.85***
Shares Offered: 250.0 million
See more details
Zhongliang (TRADING)
July 16, 2019
HKEX
2772 HK
Price Range: HK$5.20 - HK$6.68/share ***Priced at HK$5.55/share***
Shares Offered: 530.0 million shares
Price Range: HK$5.20 - HK$6.68/share ***Priced at HK$5.55/share***
Shares Offered: 530.0 million shares
See more details
DouYu International (TRADING)
July 17, 2019
NYSE
DOYU US (ADS)
Price Range: $11.50 - $14.00/share ***Priced at $11.50/share***
Shares Offered: 67,387,110 ADSs (representing 6,738,711 shares) ~20.8% float
DouYu is a game-centric (eSports) live streaming platform in China. The company launched the live streaming platform in 2014. If priced on high-end, DouYu will be trading at a P/S ratio of 8.3x, ~30% higher than its biggest competitor in the market HUYA. Tencent will still hold 37.2% of DouYu after the offering.
Price Range: $11.50 - $14.00/share ***Priced at $11.50/share***
Shares Offered: 67,387,110 ADSs (representing 6,738,711 shares) ~20.8% float
DouYu is a game-centric (eSports) live streaming platform in China. The company launched the live streaming platform in 2014. If priced on high-end, DouYu will be trading at a P/S ratio of 8.3x, ~30% higher than its biggest competitor in the market HUYA. Tencent will still hold 37.2% of DouYu after the offering.
See more details
Mirum Pharmaceuticals (TRADING)
July 18, 2019
NASDAQ GM
MIRM US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~21.7% float
Exiting stockholders have indicated an interest in purchasing up to $35.0 million from the offering.
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5,000,000 shares ~21.7% float
Exiting stockholders have indicated an interest in purchasing up to $35.0 million from the offering.
See more details
Jinshang Bank (TRADING)
July 18, 2019
HKEX
2558 HK
Price Range: HK$3.80 - HK$3.98/share ***Priced at HK$3.82/share***
Price Range: HK$3.80 - HK$3.98/share ***Priced at HK$3.82/share***
See more details
Owl Rock Capital* (TRADING)
July 18, 2019
NYSE
ORCC US
Price Range: $15.30 - $16.30/share ***Priced at $15.30/share***
Shares Offered: Upsized to 10,000,000 shares
Price Range: $15.30 - $16.30/share ***Priced at $15.30/share***
Shares Offered: Upsized to 10,000,000 shares
See more details
Phreesia (TRADING)
July 18, 2019
NYSE
PHR US
Price Range: $15.00 - $17.00/share ***Priced at $18.00/share***
Shares Offered: 7,812,500 shares, ~22.2% float ***Upsized to 9.29 million shares***
Founded in 2005 in New York City, Phreesia provides a platform that connects healthcare providers and patients. The platform manages patient intake process (including registration, insurance verification etc.,) and process patient payments.
Price Range: $15.00 - $17.00/share ***Priced at $18.00/share***
Shares Offered: 7,812,500 shares, ~22.2% float ***Upsized to 9.29 million shares***
Founded in 2005 in New York City, Phreesia provides a platform that connects healthcare providers and patients. The platform manages patient intake process (including registration, insurance verification etc.,) and process patient payments.
See more details
Fulcrum Therapeutics (TRADING)
July 18, 2019
NASDAQ GM
FULC US
Price Range: $16.00 - $18.00/share ***Priced at $16.00/share***
Shares Offered: 4,500,000 shares ~19.3% float
Price Range: $16.00 - $18.00/share ***Priced at $16.00/share***
Shares Offered: 4,500,000 shares ~19.3% float
See more details
AssetMark Financial* (TRADING)
July 18, 2019
NYSE
AMK US
Price Range: $19.00 - $21.00/share ***Priced at $22.00/share***
Shares Offered: 12,500,000 shares ~17.3% float
AssetMark Financial provides an integrated wealth management technology platform for independent financial advisers, broker-dealers, and investors. Chinese security group Huatai Securities (HTSC) is AssetMark's controlling stockholder and will remain to own 73.3% of the company. AssetMark Financial is valued at ~$1.52 billion if priced on high-end.
Price Range: $19.00 - $21.00/share ***Priced at $22.00/share***
Shares Offered: 12,500,000 shares ~17.3% float
AssetMark Financial provides an integrated wealth management technology platform for independent financial advisers, broker-dealers, and investors. Chinese security group Huatai Securities (HTSC) is AssetMark's controlling stockholder and will remain to own 73.3% of the company. AssetMark Financial is valued at ~$1.52 billion if priced on high-end.
See more details
Genmab (TRADING)
July 18, 2019
GMAB US (ADS)
The ordinary shares are listed on Nasdaq Copenhagen under GEN DC and the ADSs are traded on U.S. OTC market under GMXAY US
Shares Offered: 27,800,000 ADSs
***Priced at $17.75/share***
***Upsized to 28,500,000 ADSs***
Genmab is a Danish biotechnology company specializes in antibody therapeutics for cancers and other diseases.
See more details
Medallia (TRADING)
July 19, 2019
NYSE
MDLA US
Price Range: $16.00 - $18.00/share ***Priced $21.00/share***
Shares Offered: 14,500,000 shares, ~12.0% float ***Upsized to 15,500,000 million shares***
Medallia is a customer experience management company. Medallia provides a SaaS platform that collects and analyzes customers feedback. The company is valued at $2.2 billion if priced on high-end. Sequoia Capital is the company's largest stockholder.
Price Range: $16.00 - $18.00/share ***Priced $21.00/share***
Shares Offered: 14,500,000 shares, ~12.0% float ***Upsized to 15,500,000 million shares***
Medallia is a customer experience management company. Medallia provides a SaaS platform that collects and analyzes customers feedback. The company is valued at $2.2 billion if priced on high-end. Sequoia Capital is the company's largest stockholder.
See more details
Prime US REIT (TRADING)
July 19, 2019
Singapore
PRIME SP
Fixed price at US$0.88/unit
Fixed price at US$0.88/unit
See more details
Budweiser Brewing Co APAC (HALTED)
July 19, 2019
HKEX
1876 HK
Price Range: HK$40.00 - HK$47.00/share
Shares Offered: 1,626,526,000 shares
Price Range: HK$40.00 - HK$47.00/share
Shares Offered: 1,626,526,000 shares
See more details
Afya* (TRADING)
July 19, 2019
NASDAQ GM
AFYA US
Price Range: $16.00 - $18.00/share ***Priced at $19.00/share***
Shares Offered: 13,744,210 shares, ~33.9% float
Afya is a medical education group in Brazil that deliver undergraduate and graduate courses for medical students.
Price Range: $16.00 - $18.00/share ***Priced at $19.00/share***
Shares Offered: 13,744,210 shares, ~33.9% float
Afya is a medical education group in Brazil that deliver undergraduate and graduate courses for medical students.
See more details
Intercorp Financial Services (TRADING)
July 19, 2019
NYSE
IFS US
Price Range: $44.00 - $50.00/share ***Priced at $46.00/share***
Shares Offered: 9,000,000 shares ~8% float
IFS is a leading provider of banking, insurance and wealth management services for retail customers and commercial clients in Peru.
Price Range: $44.00 - $50.00/share ***Priced at $46.00/share***
Shares Offered: 9,000,000 shares ~8% float
IFS is a leading provider of banking, insurance and wealth management services for retail customers and commercial clients in Peru.
See more details
Voyager Air (POSTPONED)
July 24, 2019
London
AIRV LN
Priced at $1.00/share
Shares Offered: 194 million shares
Voyager AIR focuses on the acquisition, leasing and management of primarily widebody aircraft, with asset management services provided by Amedeo. Voyager is expected to pay an initial dividend yield of 8.5% and target a dividend yield of 7%. The net proceeds of the IPO are expected to be fully deployed into a seed portfolio to acquire widebody aircraft.
Priced at $1.00/share
Shares Offered: 194 million shares
Voyager AIR focuses on the acquisition, leasing and management of primarily widebody aircraft, with asset management services provided by Amedeo. Voyager is expected to pay an initial dividend yield of 8.5% and target a dividend yield of 7%. The net proceeds of the IPO are expected to be fully deployed into a seed portfolio to acquire widebody aircraft.
See more details
Castle Biosciences (TRADING)
July 25, 2019
NASDAQ GM
CSTL US
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 3,333,333 shares ***Upsized to 4,000,000 shares***
Price Range: $14.00 - $16.00/share ***Priced at $16.00/share***
Shares Offered: 3,333,333 shares ***Upsized to 4,000,000 shares***
See more details
Livongo Health* (TRADING)
July 25, 2019
NASDAQ GS
LVGO US
Price Range: $20.00 - $23.00/share ***Priced at $28.00/share***
Amended Price Range: $24.00 - $26.00/share
***Upsized***
Price Range: $20.00 - $23.00/share ***Priced at $28.00/share***
Amended Price Range: $24.00 - $26.00/share
***Upsized***
See more details
ProSight Global* (TRADING)
July 25, 2019
NYSE
PROS US
Price Range: $16.00 - $18.00/share ***Priced at $14.00/share***
***Downsized***
Price Range: $16.00 - $18.00/share ***Priced at $14.00/share***
***Downsized***
See more details
Sunnova Energy* (TRADING)
July 25, 2019
NYSE
NOVA US
Price Range: $16.00 - $18.00/share
Amended Price Range: $12.00 - $13.00/share ***Priced at $12.00/share***
***Downsized***
Price Range: $16.00 - $18.00/share
Amended Price Range: $12.00 - $13.00/share ***Priced at $12.00/share***
***Downsized***
See more details
Health Catalyst* (TRADING)
July 25, 2019
NASDAQ GS
HCAT US
Price Range: $20.00 - $23.00/share
Amended Price Range: $24.0 - $25.00/share ***Priced at $26.00/share***
Shares Offered: 7 million shares
Price Range: $20.00 - $23.00/share
Amended Price Range: $24.0 - $25.00/share ***Priced at $26.00/share***
Shares Offered: 7 million shares
See more details
Wanda Sports Group (TRADING)
July 26, 2019
NASDAQ GM
WSG US (ADS)
Price Range: $12.00 - $15.00/share
Amended Price Range: $9.00 - $11.00/share
Price Range: $12.00 - $15.00/share
Amended Price Range: $9.00 - $11.00/share
See more details
Bushiroad (TRADING)
July 29, 2019
Tokyo Stock Exchange
7803 JP
Price Range: JPY 1,840.0 - JPY 1,890.0/share ***Priced at 1,890 yen/share***
Price Range: JPY 1,840.0 - JPY 1,890.0/share ***Priced at 1,890 yen/share***
See more details
Tsukuruba (TRADING)
July 31, 2019
Tokyo Stock Exchange
2978 JP
Price Range: JPY 1,900.0 - JPY 2,050.0/share ***Priced at 2,050.0 yen/share***
Price Range: JPY 1,900.0 - JPY 2,050.0/share ***Priced at 2,050.0 yen/share***
See more details
Dynatrace* (TRADING)
August 1, 2019
NYSE
DT US
Price Range: $11.00 - $13.00/share
Amended Price Range: $13.00 - $15.00/share ***Priced at $16.00/share***
***Downsized***
Price Range: $11.00 - $13.00/share
Amended Price Range: $13.00 - $15.00/share ***Priced at $16.00/share***
***Downsized***
See more details
Kura Sushi USA (TRADING)
August 1, 2019
NASDAQ GM
KRUS US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
See more details
RAPT Therapeutics (POSTPONED)
August 1, 2019
NASDAQ GM
RAPT US
Price Range: $14.00 - $16.00/share
Shares Offered: 5,000,000 shares
Price Range: $14.00 - $16.00/share
Shares Offered: 5,000,000 shares
See more details
Sundial Growers* (TRADING)
August 1, 2019
NASDAQ GS
SNDL US
Price Range: $12.00 - $14.00/share ***Priced at $13.00/share***
Shares Offered: 10,000,000 shares ~12% float ***Upsized to 11 million shares***
Canadian cannabis producer. Sundial Growers produces and markets cannabis for the adult-use market.
Price Range: $12.00 - $14.00/share ***Priced at $13.00/share***
Shares Offered: 10,000,000 shares ~12% float ***Upsized to 11 million shares***
Canadian cannabis producer. Sundial Growers produces and markets cannabis for the adult-use market.
See more details
Tel Aviv Stock Exchange (TRADING)
August 1, 2019
Tel Aviv
TASE IT
Price Range: ILs 675.0 - 725.0/share ***Priced at ILs 710.0/share***
Price Range: ILs 675.0 - 725.0/share ***Priced at ILs 710.0/share***
See more details
Duksan Techopia (TRADING)
August 2, 2019
KOSDAQ
317330 KS
Price Range: KRW 17,000 - KRW 19,000/share ***Priced at KRW 19,000/share***
Price Range: KRW 17,000 - KRW 19,000/share ***Priced at KRW 19,000/share***
See more details
AMTD International (TRADING)
August 5, 2019
NYSE
HKIB US (ADS)
Price Range: $8.10 - $8.48/share ***Priced at $8.38/share***
Shares Offered: 20,759,700 ADS
AMTD International is a Hong Kong-headquartered financial institution. AMTD provides independent investment banking and asset management services to PRC region.
Price Range: $8.10 - $8.48/share ***Priced at $8.38/share***
Shares Offered: 20,759,700 ADS
AMTD International is a Hong Kong-headquartered financial institution. AMTD provides independent investment banking and asset management services to PRC region.
See more details
Cowintech (TRADING)
August 5, 2019
KOSDAQ
282880 KS
Price Range: KRW 28,400 - KRW 34,500/share ***Priced at 34,500 won/share***
Shares Offered: 2,000,000 shares
Established in 1998 in Korea, Cowintech supplies smart factory automation systems (rechargeable battery, petrochemical, semiconductor and display).
Price Range: KRW 28,400 - KRW 34,500/share ***Priced at 34,500 won/share***
Shares Offered: 2,000,000 shares
Established in 1998 in Korea, Cowintech supplies smart factory automation systems (rechargeable battery, petrochemical, semiconductor and display).
See more details
Dohome (TRADING)
August 6, 2019
Bangkok
DOHOME TB
Priced at THB 7.80/share
***Upsized***
Priced at THB 7.80/share
***Upsized***
See more details
Inmode (TRADING)
August 8, 2019
NASDAQ GS
INMD US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 5,000,000 shares, ~15% float
Founded in 2008 and headquarters in Israel, Inmode provides minimally-invasive surgical aesthetic and medical treatment solutions.
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 5,000,000 shares, ~15% float
Founded in 2008 and headquarters in Israel, Inmode provides minimally-invasive surgical aesthetic and medical treatment solutions.
See more details
Fawry (TRADING)
August 8, 2019
EGX
FBTP EY
Priced at EGP 6.46/share
Shares Offered: 254.6 million (offered by selling stockholders PSI Netherland) ~36% float
Egyptian e-payment firm
Priced at EGP 6.46/share
Shares Offered: 254.6 million (offered by selling stockholders PSI Netherland) ~36% float
Egyptian e-payment firm
See more details
Vericity
August 8, 2019
NASDAQ CM
VERY US
Priced at $10.00/share
Shares Offered: 20,125,000 shares
PE-backed life insurance company, a subsidiary of Members Mutual.
Priced at $10.00/share
Shares Offered: 20,125,000 shares
PE-backed life insurance company, a subsidiary of Members Mutual.
See more details
StemRIM (TRADING)
August 9, 2019
Tokyo Stock Exchange
4599 JP
Price Range: JPY 1,000 - 1,700/share ***Priced at 1,000 yen/share***
Shares Offered: 8,400,000 shares (8,100,000 new shares + 300,000 existing shares)
StemRIM is a Osaka, Japan-based pharmaceutical company founded in 2006. The company provides in research and development, production and sales of drugs that activate stem cells present in living organisms and induce regeneration of damaged tissue, medical devices and gene therapy products.
Price Range: JPY 1,000 - 1,700/share ***Priced at 1,000 yen/share***
Shares Offered: 8,400,000 shares (8,100,000 new shares + 300,000 existing shares)
StemRIM is a Osaka, Japan-based pharmaceutical company founded in 2006. The company provides in research and development, production and sales of drugs that activate stem cells present in living organisms and induce regeneration of damaged tissue, medical devices and gene therapy products.
See more details
CrossFirst Bankshares (TRADING)
August 15, 2019
NASDAQ GS
CFB US
Price Range: $15.00 - $17.00/share ***Priced at $14.50/share***
Shares Offered: 7,111,589 shares (5,750,000 new shares + 1,361,589 offered by selling stockholders) ~14%
CrossFirst is a Kansas-based regional bank. The bank provides a full suite of financial services to areas include Kansas, Missouri, Oklahoma and Texas.
Price Range: $15.00 - $17.00/share ***Priced at $14.50/share***
Shares Offered: 7,111,589 shares (5,750,000 new shares + 1,361,589 offered by selling stockholders) ~14%
CrossFirst is a Kansas-based regional bank. The bank provides a full suite of financial services to areas include Kansas, Missouri, Oklahoma and Texas.
See more details
9F (TRADING)
August 15, 2019
NASDAQ GM
JFU US (ADS)
Price Range: $7.50 - $9.50/share ***Priced at $9.5/share***
Shares Offered: 8,900,000 ADRs
Price Range: $7.50 - $9.50/share ***Priced at $9.5/share***
Shares Offered: 8,900,000 ADRs
See more details
Napier Port (TRADING)
August 20, 2019
NZX
NPH NZ
Price Range: NZD 2.27 - NZD 2.60/share ***Priced at NZD 2.60/share***
Shares Offered: 90.0 million shares
Napier Port is New Zealand's fourth largest port by container volume.
Price Range: NZD 2.27 - NZD 2.60/share ***Priced at NZD 2.60/share***
Shares Offered: 90.0 million shares
Napier Port is New Zealand's fourth largest port by container volume.
See more details
Prosus (TRADING)
September 11, 2019
Johannesburg/Euronext Amsterdam
PRX SJ/PRX NA
Priced at 58.7 euros/share
Priced at 58.7 euros/share
See more details
10X Genomics* (TRADING)
September 12, 2019
NASDAQ GS
TXG US
Price Range: $31.00 - 35.00/share ***Priced above increased price range at $39.00/share***
Shares Offered: 9 million shares, ~9.7% float ***Upsized to 10 million shares***
10x Genomics is a life science technology company incorporated in 2012 under the name Avante Biosystems. The Pleasanton, CA-based company sells solutions comprised of instruments, consumables and software to researchers' focused on life science include those in academic, government, biopharmaceutical, biotechnology and other institutions. The company is valued at over $3.0 billion at current pricing range.
Price Range: $31.00 - 35.00/share ***Priced above increased price range at $39.00/share***
Shares Offered: 9 million shares, ~9.7% float ***Upsized to 10 million shares***
10x Genomics is a life science technology company incorporated in 2012 under the name Avante Biosystems. The Pleasanton, CA-based company sells solutions comprised of instruments, consumables and software to researchers' focused on life science include those in academic, government, biopharmaceutical, biotechnology and other institutions. The company is valued at over $3.0 billion at current pricing range.
See more details
SmileDirectClub (TRADING)
September 12, 2019
NASDAQ GS
SDC US
Price Range: $19.00 - $22.00/share ***Priced at $23.00/share***
Shares Offered: 58,537,000 shares ~15.0% float
SmileDirectClub is a teledentistry industry. The company offers clear aligner treatment. With current pricing range, the company will be trading at 23x P/S ratio with a valuation of ca. $8.5 billion at offer.
Price Range: $19.00 - $22.00/share ***Priced at $23.00/share***
Shares Offered: 58,537,000 shares ~15.0% float
SmileDirectClub is a teledentistry industry. The company offers clear aligner treatment. With current pricing range, the company will be trading at 23x P/S ratio with a valuation of ca. $8.5 billion at offer.
See more details
Alerus Financial (TRADING)
September 13, 2019
NASDAQ CM
ALRS US (Uplisting)
Price Range: $22.00 - $24.00/share ***Priced at $21.00/share***
Downsized
Prior to this offering, Alerus was traded on the OTC Market under ALRS.
Price Range: $22.00 - $24.00/share ***Priced at $21.00/share***
Downsized
Prior to this offering, Alerus was traded on the OTC Market under ALRS.
See more details
Satsuma Pharmaceuticals (TRADING)
September 13, 2019
NASDAQ GM
STSA US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5.0 million shares ***Upsized to 5.5 million shares***
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 5.0 million shares ***Upsized to 5.5 million shares***
See more details
SpringWorks Therapeutics* (TRADING)
September 13, 2019
NASDAQ GM
SWTX US
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 7,352,941 shares
Price Range: $16.00 - $18.00/share ***Priced at $18.00/share***
Shares Offered: 7,352,941 shares
See more details
CloudFlare* (TRADING)
September 13, 2019
NYSE
NET US
Price Range: $10.00 - $12.00/share ***Priced above elevated price range at $15.00/share***
Shares Offered: 35.0 million shares ~12.0% float
Founded in 2009 and headquartered in San Francisco, CloudFlare is a cybersecurity unicorn valued at ca. $3.5 billion.
Price Range: $10.00 - $12.00/share ***Priced above elevated price range at $15.00/share***
Shares Offered: 35.0 million shares ~12.0% float
Founded in 2009 and headquartered in San Francisco, CloudFlare is a cybersecurity unicorn valued at ca. $3.5 billion.
See more details
Envista* (TRADING)
September 18, 2019
NYSE
NVST US
Price Range: $21.00 - $24.00/share ***Priced at $22.00/share***
Shares Offered: 26,768,000 shares ~17.3% (Danaher will continue to hold 82.6% of the company)
Envista is a global dental products company, the dental business unit of Danaher. The company develops, manufactures and markets dental products including dental consumables, equipment and services. Built as a platform of Danaher Corp, Envista now operates through Nobel Biocare Systems, Ormco and KaVo Kerr in the dental industry. The holding company would hold a market value of ca. $3.7 billion if traded on high-end.
Price Range: $21.00 - $24.00/share ***Priced at $22.00/share***
Shares Offered: 26,768,000 shares ~17.3% (Danaher will continue to hold 82.6% of the company)
Envista is a global dental products company, the dental business unit of Danaher. The company develops, manufactures and markets dental products including dental consumables, equipment and services. Built as a platform of Danaher Corp, Envista now operates through Nobel Biocare Systems, Ormco and KaVo Kerr in the dental industry. The holding company would hold a market value of ca. $3.7 billion if traded on high-end.
See more details
IGM Biosciences (TRADING)
September 18, 2019
NASDAQ GS
IGMS US
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 7,812,500 shares ~30% float
IGM Biosciences is a biotechnology company focuses on the development of IgM antibodies for the treatment of cancer patients. With two product candidate in the lead programs, the company research stage is still at the late preclinical stage.
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 7,812,500 shares ~30% float
IGM Biosciences is a biotechnology company focuses on the development of IgM antibodies for the treatment of cancer patients. With two product candidate in the lead programs, the company research stage is still at the late preclinical stage.
See more details
Exagen* (TRADING)
September 19, 2019
NASDAQ GM
XGN US
Price Range: $14.00 - $16.00/share *Priced at $14.00/share***
Shares Offered: 3,333,334 shares ~30% float ***Upsized***
Exagen is a PE backed commercialized-stage biotechnology company. Exagen develops and markets testing products for the diagnosis, prognosis and monitoring chronic autoimmune diseases. The company was founded in 2002 and launched its testing products in 2012. Exagen first attempted to go public in 2014.
Price Range: $14.00 - $16.00/share *Priced at $14.00/share***
Shares Offered: 3,333,334 shares ~30% float ***Upsized***
Exagen is a PE backed commercialized-stage biotechnology company. Exagen develops and markets testing products for the diagnosis, prognosis and monitoring chronic autoimmune diseases. The company was founded in 2002 and launched its testing products in 2012. Exagen first attempted to go public in 2014.
See more details
Datadog* (TRADING)
September 19, 2019
NASDAQ GS
DDOG US
Price Range: $19.00 - $22.00/share, increased range to $24.00 - $26.00
***Priced at $27.00/share***
Shares Offered: 24 million shares ~8.3% float
Datadog is a monitoring and analytics SaaS platform for developers, IT operations team and business users founded in 2010 in New York. The venture capital-backed company is valued at ca. $6 billion on current pricing range. The company would be trading at a P/S ratio of ~32x.
Price Range: $19.00 - $22.00/share, increased range to $24.00 - $26.00
***Priced at $27.00/share***
Shares Offered: 24 million shares ~8.3% float
Datadog is a monitoring and analytics SaaS platform for developers, IT operations team and business users founded in 2010 in New York. The venture capital-backed company is valued at ca. $6 billion on current pricing range. The company would be trading at a P/S ratio of ~32x.
See more details
Ping Identity* (TRADING)
September 19, 2019
NYSE
PING US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 12,500,000 share ~16% float
Ping Identity is a identity platform aims to secure access to service, application or API from any device. The platform is designed to detect anomalies for log-in security. The PE-backed company is valued at ca. $1.2 billion if priced on high-end.
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Shares Offered: 12,500,000 share ~16% float
Ping Identity is a identity platform aims to secure access to service, application or API from any device. The platform is designed to detect anomalies for log-in security. The PE-backed company is valued at ca. $1.2 billion if priced on high-end.
See more details
giftee (TRADING)
September 20, 2019
Tokyo Stock Exchange
4449 JP
Price Range: 1,300 yen - 1,500 yen/share ***Priced at 1,500 yen/share***
giftee is a Tokyo-based startup taht provides an online service that enables users to send thank you notes with e-gift cards/vouchers through LINE, and other social medias.
Price Range: 1,300 yen - 1,500 yen/share ***Priced at 1,500 yen/share***
giftee is a Tokyo-based startup taht provides an online service that enables users to send thank you notes with e-gift cards/vouchers through LINE, and other social medias.
See more details
EQT AB (TRADING)
September 24, 2019
Stockholm
EQT SS
Price Range: SEK62.00 - SEK68.00/share ***Priced at SEK 67/share***
Shares Offered : ca. 201 millions (86.6 million new shares, rest sold by existing shareholders) ~21% float
EQT Group is a Swedish buyout firm and the largest private equity company in the Nordic region.
Price Range: SEK62.00 - SEK68.00/share ***Priced at SEK 67/share***
Shares Offered : ca. 201 millions (86.6 million new shares, rest sold by existing shareholders) ~21% float
EQT Group is a Swedish buyout firm and the largest private equity company in the Nordic region.
See more details
Chatwork (TRADING)
September 24, 2019
Tokyo
4448 JP
Price Range: 1,440 yen - 1,600 yen/share ***Priced at 1,600 yen/share***
Price Range: 1,440 yen - 1,600 yen/share ***Priced at 1,600 yen/share***
See more details
MTAG Group (TRADING)
September 25, 2019
Bursa Malays
MTAG MK
Priced at MKR 0.53/share
Priced at MKR 0.53/share
See more details
TeamViewer (TRADING)
September 25, 2019
Frankfurt
TMV GR
Price Range: €23.50 - €27.5/share ***Priced at €26.25/share***
Shares Offered: 60 million and 24 million additional (all from existing shareholders) ~42% float ***Upsized to 75 million***
TeanViewer is a German software company that provides remote control platform. The company is backed by private equity firm Permira.
Price Range: €23.50 - €27.5/share ***Priced at €26.25/share***
Shares Offered: 60 million and 24 million additional (all from existing shareholders) ~42% float ***Upsized to 75 million***
TeanViewer is a German software company that provides remote control platform. The company is backed by private equity firm Permira.
See more details
Shanghai Henlius Biotech (TRADING)
September 25, 2019
HKEX
2696 HK
Price Range: HK$49.60 - HK$57.80/share ***Priced at HK$49.6/share***
Price Range: HK$49.60 - HK$57.80/share ***Priced at HK$49.6/share***
See more details
HPC Systems (TRADING)
September 26, 2019
Tokyo Stock Exchange
6597 JP
Price Range: JPY 1,930 - 1,990/share ***Priced at 1,990 yen/share***
Price Range: JPY 1,930 - 1,990/share ***Priced at 1,990 yen/share***
See more details
Oportun Financial (TRADING)
September 26, 2019
NASDAQ GM
OPRT US
Price Range: $15.00-$17.00/share ***Priced at $15.00/share***
Price Range: $15.00-$17.00/share ***Priced at $15.00/share***
See more details
Peloton Interactive* (TRADING)
September 26, 2019
NASDAQ GS
PTON US
Price Range: $26.00 - $29.00/share ***Priced at $29.00/share***
Shares Offered: 40 million shares ~16% float
*TCV has agreed to purchase ca. $50 million in a private placement
Peloton is a indoor bike and treadmill maker and a exercise content provider. The New York-based start-up claimed to be the largest interactive fitness platform in the world. Peloton is valued at ca. $8.2 billion at high-end.
Price Range: $26.00 - $29.00/share ***Priced at $29.00/share***
Shares Offered: 40 million shares ~16% float
*TCV has agreed to purchase ca. $50 million in a private placement
Peloton is a indoor bike and treadmill maker and a exercise content provider. The New York-based start-up claimed to be the largest interactive fitness platform in the world. Peloton is valued at ca. $8.2 billion at high-end.
See more details
Endeavor Group* (POSTPONED)/(WITHDRAWN)
September 27, 2019
NYSE
EDR US
Price Range: $30.00 - $32.00/share
Share Offered: 19,354,839 shares ~15% float (the company also has Class B, X, Y common stocks)
Endeavor Group is a talent agency and entertainment company with WME, UFC, IMG, Endeavor Content etc. in the portfolio. Endeavor was founded in 1995 as a talent agency, the company grew from the merge with William Morris Agency, acquisitions of media, sports and fashion company IMG Worldwide, Zuffa Parent (UFC), bull riding organization Frieze (PBR), and other branding and marketing companies. Silver Lake and KKR are among the institutional backer of this offer.
Price Range: $30.00 - $32.00/share
Share Offered: 19,354,839 shares ~15% float (the company also has Class B, X, Y common stocks)
Endeavor Group is a talent agency and entertainment company with WME, UFC, IMG, Endeavor Content etc. in the portfolio. Endeavor was founded in 1995 as a talent agency, the company grew from the merge with William Morris Agency, acquisitions of media, sports and fashion company IMG Worldwide, Zuffa Parent (UFC), bull riding organization Frieze (PBR), and other branding and marketing companies. Silver Lake and KKR are among the institutional backer of this offer.
See more details
Budweiser Brewing Co APAC (TRADING)
September 30, 2019
Hong Kong
1876 HK
Price Range: HK$27.00 - HK$30.00/share ***Priced at HK$27.00/share***
***Upsized***
Price Range: HK$27.00 - HK$30.00/share ***Priced at HK$27.00/share***
***Upsized***
See more details
Aprea Therapeutics (TRADING)
October 3, 2019
NASDAQ GS
APRE US
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
Price Range: $14.00 - $16.00/share ***Priced at $15.00/share***
See more details
Frequency Therapeutics* (TRADING)
October 3, 2019
NASDAQ GM
FREQ US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
***Downsized***
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
***Downsized***
See more details
Viela Bio* (TRADING)
October 3, 2019
NASDAQ GM
VIE US
Price Range: $19.00 - $21.00/share ***Priced at $19.00/share***
***Upsized***
Price Range: $19.00 - $21.00/share ***Priced at $19.00/share***
***Upsized***
See more details
ADC Therapeutics* (WITHDRAWN)
October 3, 2019
NYSE
ADCT US
Price Range: $23.00 - $26.00/share
Price Range: $23.00 - $26.00/share
See more details
Metrocity Bankshares (TRADING)
October 3, 2019
MCBS US ***Uplisting***
Price Range: $14.50 - $16.50/share ***Priced at $13.50/share***
See more details
Verallia (TRADING)
October 4, 2019
EN Paris
VRLA FP
Price Range: €26.50 - €29.50/share ***Priced at €27.0/share***
Shares Offered: 34.4 million shares
Verallia is a French glass manufacturer company and an Apollo Management portfolio company. Verallia is also the world's third largest maker of glass bottle and jars, and would be the largest IPO in Paris since 2017.
Price Range: €26.50 - €29.50/share ***Priced at €27.0/share***
Shares Offered: 34.4 million shares
Verallia is a French glass manufacturer company and an Apollo Management portfolio company. Verallia is also the world's third largest maker of glass bottle and jars, and would be the largest IPO in Paris since 2017.
See more details
Axelum Resources (TRADING)
October 7, 2019
Philippines
AXLM PM
Price Range: PHP 5.72 - PHP 6.81/share *** Priced at 5.00 pesos/share***
Shares Offered: 700 million common share + 100 million offered by existing PE investors
***Downsized***
Axelum Resources is an integrated coconut product manufacturer in Philippines.
Price Range: PHP 5.72 - PHP 6.81/share *** Priced at 5.00 pesos/share***
Shares Offered: 700 million common share + 100 million offered by existing PE investors
***Downsized***
Axelum Resources is an integrated coconut product manufacturer in Philippines.
See more details
FriendTimes (TRADING)
October 8, 2019
Hong Kong
6820 HK
Price Range: HK$1.52 - HK$1.96/share ***Priced at HK$1.52/share***
Shares Offered: 330 million shares
Price Range: HK$1.52 - HK$1.96/share ***Priced at HK$1.52/share***
Shares Offered: 330 million shares
See more details
Docebo (TRADING)
October 8, 2019
Toronto
DCBO CN
***Priced at CA$16.00/share***
Shares Offered: 4,687,500 shares
Docebo is a Canadian software company founded in 2005. The company provides learning management platform for internal and external workforce training.
***Priced at CA$16.00/share***
Shares Offered: 4,687,500 shares
Docebo is a Canadian software company founded in 2005. The company provides learning management platform for internal and external workforce training.
See more details
Boostheat (TRADING)
October 9, 2019
EN Paris
BOOST FP
Price Range: €14.00 - €17.00/share ***Priced at €14.00/share***
Price Range: €14.00 - €17.00/share ***Priced at €14.00/share***
See more details
Amvis (TRADING)
October 9, 2019
Tokyo
7071 JP
Price Range: JPY 2,610 - JPY 2,800/share ***Priced at 2,800 yen/share***
Price Range: JPY 2,610 - JPY 2,800/share ***Priced at 2,800 yen/share***
See more details
Topsports International (TRADING)
October 10, 2019
HKEX
6110 HK
Price Range: HK$8.30 - HK$10.00/share ***Priced at HK$8.50/share***
Shares Offered: 930,184,000 shares
Topsports International is a sportswear retail store operator in China.
Price Range: HK$8.30 - HK$10.00/share ***Priced at HK$8.50/share***
Shares Offered: 930,184,000 shares
Topsports International is a sportswear retail store operator in China.
See more details
Asset World (TRADING)
October 10, 2019
Bangkok
AWC TB
Priced at THB 6.00/share
Shares Offered: 7 billion shares
Asset World Corporation is the property arm of Thai's TCC Group. This is the biggest listing in Thailand.
Priced at THB 6.00/share
Shares Offered: 7 billion shares
Asset World Corporation is the property arm of Thai's TCC Group. This is the biggest listing in Thailand.
See more details
AllHome (TRADING)
October 10, 2019
Philippines
HOME PM
Price Range: PHP 11.50 - 14.00/share ***Priced at PHP 11.50/share***
AllHome is a home furnishing retailer.
Price Range: PHP 11.50 - 14.00/share ***Priced at PHP 11.50/share***
AllHome is a home furnishing retailer.
See more details
Vivara Participacoes (TRADING)
October 10, 2019
B3 Day
VIVA3 BZ
Price Range: BRL 21.17 - BRL 25.40/share ***Priced at BRL 24.00/share***
Shares Offered: 18.9 million common shares and 52 million secondary held by its shareholders
Vivara Participacoes is a Brazilian jewelry chain.
Price Range: BRL 21.17 - BRL 25.40/share ***Priced at BRL 24.00/share***
Shares Offered: 18.9 million common shares and 52 million secondary held by its shareholders
Vivara Participacoes is a Brazilian jewelry chain.
See more details
BioNTech (TRADING)
October 10, 2019
NASDAQ GS
BNTX US
Price Range: $18.00 -$20.00/share ***Priced at $15.00/share***
Shares Offered: 13.2 million share ***Downsized to 10 million shares***
BioNTech is a biopharmaceutical company based in Germany. It is the largest unlisted biotech firm by staff numbers in Europe.
Price Range: $18.00 -$20.00/share ***Priced at $15.00/share***
Shares Offered: 13.2 million share ***Downsized to 10 million shares***
BioNTech is a biopharmaceutical company based in Germany. It is the largest unlisted biotech firm by staff numbers in Europe.
See more details
Xinyuan Property (TRADING)
October 11, 2019
HKEX
1895 HK
Price Range: HK$2.08 - HK$3.00/share ***Priced at HK$2.08/share***
Price Range: HK$2.08 - HK$3.00/share ***Priced at HK$2.08/share***
See more details
CM.COM Netherlands (POSTPONED)
October 11, 2019
EN Amsterdam
CMCOM NA
Price Range: €15.00 - €19.00/share
Shares Offered: 7.17 million shares ~37.4% float
CM.COM Netherlands is a mobile services company providing messaging services. It also provides the ticking infrastructure for the Dutch Grand Prix.
Price Range: €15.00 - €19.00/share
Shares Offered: 7.17 million shares ~37.4% float
CM.COM Netherlands is a mobile services company providing messaging services. It also provides the ticking infrastructure for the Dutch Grand Prix.
See more details
Vir Biotechnology* (TRADING)
October 11, 2019
NASDAQ GS
VIR US
Price Range: $20.00 - $22.00/share ***Priced at $20.0/share***
Shares Offered: 7.14 million shares
Vir Biotechnology is a San Francisco-based biotech start-up focused on infectious diseases. The most advanced drug of Vir for Hepatitis B is currently in Phase 1/2 trial.
Price Range: $20.00 - $22.00/share ***Priced at $20.0/share***
Shares Offered: 7.14 million shares
Vir Biotechnology is a San Francisco-based biotech start-up focused on infectious diseases. The most advanced drug of Vir for Hepatitis B is currently in Phase 1/2 trial.
See more details
HBT Financial (TRADING)
October 11, 2019
NASDAQ GS
HBT US
Price Range: $17.00 - $19.00/share ***Priced at $16.00/share***
Shares Offered: 8.3 million shares
HBT Financial is a Illinois-based bank.
Price Range: $17.00 - $19.00/share ***Priced at $16.00/share***
Shares Offered: 8.3 million shares
HBT Financial is a Illinois-based bank.
See more details
AME Elite Consortium (TRADING)
October 14, 2019
Bursa Malays
AME MK
Priced at MYR 1.30/share
AME is a Malaysian integrated industrial property development, construction, engineering services and property management services provider. The company specializes in the development of industrial parks and construction of large scale manufacturing plants.
Priced at MYR 1.30/share
AME is a Malaysian integrated industrial property development, construction, engineering services and property management services provider. The company specializes in the development of industrial parks and construction of large scale manufacturing plants.
See more details
Helios Towers (TRADING)
October 15, 2019
London
HTWS LN
Price Range: 115- 145 pence/share ***Priced at GBp 115.00***
Price Range: 115- 145 pence/share ***Priced at GBp 115.00***
See more details
EuroEyes International Eye Clinic (TRADING)
October 15, 2019
Hong Kong
1846 HK
Price Range: HK$6.20 - HK$8.80 ***Priced at HK$7.50/share***
Shares Offered: 79.3 million shares
EuroEyes provides vision-correction services from Germany.
Price Range: HK$6.20 - HK$8.80 ***Priced at HK$7.50/share***
Shares Offered: 79.3 million shares
EuroEyes provides vision-correction services from Germany.
See more details
Relais Group Oy (TRADING)
October 17, 2019
FN Finland
RELAIS FH
Priced at €7.40/share
Shares Offered: 4.06 million shares ~25% float
See more details
BellRing Brands* (TRADING)
October 17, 2019
NYSE
BRBR US
Price Range: $16.00 - $19.00/share ***Priced at $14.00/share***
Shares Offered: 30.0 million shares (~24.0% float) ***Upsized to 34.29 million shares***
BellRing Brands is the global convenient nutrition business subsidiary of consumer package goods company Post Holdings. BellRing Brands hold Premier Protein®, Dymatize® and PowerBar®. Products including ready-to-drink protein shakes, powders and nutrition bars.
Price Range: $16.00 - $19.00/share ***Priced at $14.00/share***
Shares Offered: 30.0 million shares (~24.0% float) ***Upsized to 34.29 million shares***
BellRing Brands is the global convenient nutrition business subsidiary of consumer package goods company Post Holdings. BellRing Brands hold Premier Protein®, Dymatize® and PowerBar®. Products including ready-to-drink protein shakes, powders and nutrition bars.
See more details
Green Future Food Hydrocolloid Marine Science (TRADING)
October 17, 2019
Hong Kong
1084 HK
Price Range: HK$1.16 - HK$1.74/share ***Priced at HK$1.16/share***
Shares Offered: 200 million shares
Price Range: HK$1.16 - HK$1.74/share ***Priced at HK$1.16/share***
Shares Offered: 200 million shares
See more details
ATON (TRADING)
October 17, 2019
KOSDAQ
158430 KS
Price Range: KRW 30,000 - KRW 43,000/share ***Priced at 43,000 won/share***
Price Range: KRW 30,000 - KRW 43,000/share ***Priced at 43,000 won/share***
See more details
Innate Pharma SA (TRADING)
October 17, 2019
NASDAQ GS
IPHA US (ADSs)
Priced at $5.50/share
Shares Offered: 10.7 million shares ~14.3% float
Innate Pharma is a French commercial-stage biotech company for the treatment of oncology indications (cancer). Innate Pharma has collaborations with AstraZeneca and Sanofi. The company first traded on Euronext Paris since 2006 (IPH FP).
Priced at $5.50/share
Shares Offered: 10.7 million shares ~14.3% float
Innate Pharma is a French commercial-stage biotech company for the treatment of oncology indications (cancer). Innate Pharma has collaborations with AstraZeneca and Sanofi. The company first traded on Euronext Paris since 2006 (IPH FP).
See more details
Sichuan Languang Justbon Services Group (TRADING)
October 18, 2019
Hong Kong
2606 HK
Price Range: HK$30.60 - HK$39.00/share ***Priced at HK$37.00/share***
See more details
Norske Skog (TRADING)
October 18, 2019
Oslo
NSKOG NO
Price Range: NOK 36.00 - NOK 38.00/share ***Priced at NOK 38.00/share***
Shares Offered: 41.25 million shares ***Downsized to 30.0 million shares***
Norske Skog is a producer of publication paper with the primary market share in Europe and Australasia. The offer is an exit of Oceanwood Capital, an Europe-focused hedge fund.
Price Range: NOK 36.00 - NOK 38.00/share ***Priced at NOK 38.00/share***
Shares Offered: 41.25 million shares ***Downsized to 30.0 million shares***
Norske Skog is a producer of publication paper with the primary market share in Europe and Australasia. The offer is an exit of Oceanwood Capital, an Europe-focused hedge fund.
See more details
Latitude Financial Group (WITHDRAWN)
October 18, 2019
ASE
LFS AU
Price Range: AUD 2.00 - AUD 2.25/share
Price Range: AUD 2.00 - AUD 2.25/share
See more details
Digital Mediatama Maxima (TRADING)
October 21, 2019
Indonesia
DMMX IJ
Priced at IDR 230/share
Digital Mediatama Xaxima (DMM) is a digital trade marketing and cloud advertising change platform. The Jakarta, Indonesia-based company provides end-to-end services from content management, programmatic advertising to sales acquisition program.
See more details
Hoffmann Green Cement Technologies (TRADING)
October 21, 2019
EN Paris
ALHGR FP
Price Range: €15.66 - €19.14/share ***Priced at €18.00/share***
Shares Offered: 3,160,919 shares
Founded in 2014, Hoffmann Green Cement Technologies is a French construction material manufacturer. The Company designs, produces and distributes low-carbon cements for all construction sector markets.
Price Range: €15.66 - €19.14/share ***Priced at €18.00/share***
Shares Offered: 3,160,919 shares
Founded in 2014, Hoffmann Green Cement Technologies is a French construction material manufacturer. The Company designs, produces and distributes low-carbon cements for all construction sector markets.
See more details
Ferretti International (WITHDRAWN)
October 21, 2019
BrsaItaliana
Price Range: €2.50 - €3.70/share ***Book covered at €2.00/share***
***Lowered price range: €2.00 - €2.50/share***
(POSTPONED 1 week)
Ferretti is an Italian yacht maker controlled by China's SHIG-Weichai Group.
Ferretti will have a market cap of ca. €581 million at current price point, almost halved from previous target valuation.
See more details
RCF Group (WITHDRAWN)
October 22, 2019
BrsaItaliana
RCF IMPrice Range: €1.15 - €1.45/share
Shares Offered: 131 million shares ~34% float
RCF Group is an Italian sound system provider with prominent private equity investors such as Palladio and Amundi Private Equity Funds (~30% stake in RCF before IPO). The current pricing range will give RCF a maximum valuation at €565 million. The company first went public in 2007 but was later delisted in 2013.
See more details
SATS ASA (TRADING)
October 23, 2019
Oslo
SATS NO
Price Range: NOK 23.50 - NOK 28.00/share ***Priced at NOK 23.50/share***
Shares Offered: 59.6 million new shares + 28 million existing shares, ~33% float
***Downsized to 57.71 million new shares***
Norwegian fitness club operator.
Price Range: NOK 23.50 - NOK 28.00/share ***Priced at NOK 23.50/share***
Shares Offered: 59.6 million new shares + 28 million existing shares, ~33% float
***Downsized to 57.71 million new shares***
Norwegian fitness club operator.
See more details
OneWater Marine* (POSTPONED)
October 24, 2019
NASDAQ GM
ONEW US
Price Range: $18.00 - $20.00/share
Shares Offered: 3,157,895 shares (~38.3 - 41.2% voting right)
OneWater Marine is a premium recreational boat retailer. The company sells new boats, pre-owned boats, parts and accessories, offers finance and insurance products, and provides repair and maintenance services.
Price Range: $18.00 - $20.00/share
Shares Offered: 3,157,895 shares (~38.3 - 41.2% voting right)
OneWater Marine is a premium recreational boat retailer. The company sells new boats, pre-owned boats, parts and accessories, offers finance and insurance products, and provides repair and maintenance services.
See more details
Jilin Province Chuncheng Heating (TRADING)
October 24, 2019
Hong Kong
1853 HK
Price Range: HKD 1.90 - HKD 2.50/share ***Priced at HK$2.35/share***
Price Range: HKD 1.90 - HKD 2.50/share ***Priced at HK$2.35/share***
See more details
BRP Group (TRADING)
October 24, 2019
BRP US
Price Range: $14.00 - $16.00/share ***Priced at $23.00/share***
Shares Offered: 16.4 million
BRP is an insurance company.
Price Range: $14.00 - $16.00/share ***Priced at $23.00/share***
Shares Offered: 16.4 million
BRP is an insurance company.
See more details
R&B Food Supply (TRADING)
October 24, 2019
Bangkok
RBF TB
Priced at THB 3.30/share
Shares Offered: 520 million shares
Priced at THB 3.30/share
Shares Offered: 520 million shares
See more details
Cabaletta Bio* (TRADING)
October 25, 2019
NASDAQ GM
CABA US
Price Range: $14.00 - $16.00/share ***Priced at $11.00/share***
Shares Offered: 5.8 million shares ~26% float ***Upsized to 6.8 million shares***
Cabaletta Bio is a clinical-stage biotech focuses on B cell-mediated autoimmune diseases with T cell therapies. The company has R&D collaboration agreements with University of Pennsylvania.
Price Range: $14.00 - $16.00/share ***Priced at $11.00/share***
Shares Offered: 5.8 million shares ~26% float ***Upsized to 6.8 million shares***
Cabaletta Bio is a clinical-stage biotech focuses on B cell-mediated autoimmune diseases with T cell therapies. The company has R&D collaboration agreements with University of Pennsylvania.
See more details
SoftwareONE (TRADING)
October 25, 2019
SIX Swiss Exchange
SWON SW
Price Range: CHF 16.50 - CHF 21.00/share
Amended Price Range: CHF 17.75 - CHF 19.00/share ***Priced at 18.00/share***
Shares Offered: 38,549,464 shares from exiting shareholders ~24.3% float
Founded in 1984, SoftwareOne is a Stans, Switzerland-based technology firm backed by KKR. The company provides consultative services regarding software and cloud technology solutions. The company is valued at 2.5 billion to 3.2 billion francs with current price range.
Price Range: CHF 16.50 - CHF 21.00/share
Amended Price Range: CHF 17.75 - CHF 19.00/share ***Priced at 18.00/share***
Shares Offered: 38,549,464 shares from exiting shareholders ~24.3% float
Founded in 1984, SoftwareOne is a Stans, Switzerland-based technology firm backed by KKR. The company provides consultative services regarding software and cloud technology solutions. The company is valued at 2.5 billion to 3.2 billion francs with current price range.
See more details
Youdao Inc (TRADING)
October 25, 2019
NYSE
DAO US
Price Range: $15.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 5.6 million shares ~24.5% float
Founded in 2006 as part of NetEase (NTES US), Youdao provides online learning products and services. The company is known for its flagship Youdao Dictionary. Youdao generates revenue through tuition fees for its online courses, advertisement, subscription fees for its apps and licensing fees. The company will be trading at a P/E ratio of 3.5x if priced at mid-point. NetEase will remain as the controlling company after this offering with ~68% voting rights.
Price Range: $15.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 5.6 million shares ~24.5% float
Founded in 2006 as part of NetEase (NTES US), Youdao provides online learning products and services. The company is known for its flagship Youdao Dictionary. Youdao generates revenue through tuition fees for its online courses, advertisement, subscription fees for its apps and licensing fees. The company will be trading at a P/E ratio of 3.5x if priced at mid-point. NetEase will remain as the controlling company after this offering with ~68% voting rights.
See more details
Phathom Pharmaceuticals* (TRADING)
October 25, 2019
NASDAQ GM
PHAT US
Price Range: $18.00 - $20.00/share ***Priced at $19.00/share***
Shares Offered: 7.9 million shares ~30.5% float ***Upsized to 9.56 million shares***
Phathom Pharmaceuticals is a late clinical stage biopharmaceutical company focuses on treatments for gastrointestinal (GI) diseases. The lead product candidate is an acid blocker in-licensed from Takeda. The product is approved in Japan since 2014 and expect to seek marketing approval in the U.S. in 2021.
Price Range: $18.00 - $20.00/share ***Priced at $19.00/share***
Shares Offered: 7.9 million shares ~30.5% float ***Upsized to 9.56 million shares***
Phathom Pharmaceuticals is a late clinical stage biopharmaceutical company focuses on treatments for gastrointestinal (GI) diseases. The lead product candidate is an acid blocker in-licensed from Takeda. The product is approved in Japan since 2014 and expect to seek marketing approval in the U.S. in 2021.
See more details
Aesthetic Medical International (TRADING)
October 25, 2019
NASDAQ GM
AIH US (ADSs)
Price Range: $11.00 - $13.00/share ***Priced at $12.00/share***
Shares Offered: 2.5 million ADSs (representing 7.5 million ordinary shares)
Aesthetic Medical International provides both surgical and non-surgical aesthetic medical services in China. The company commenced operation in 1997 through Shenzhen Pengcheng Clinic.
Price Range: $11.00 - $13.00/share ***Priced at $12.00/share***
Shares Offered: 2.5 million ADSs (representing 7.5 million ordinary shares)
Aesthetic Medical International provides both surgical and non-surgical aesthetic medical services in China. The company commenced operation in 1997 through Shenzhen Pengcheng Clinic.
See more details
Progyny* (TRADING)
October 25, 2019
NASDAQ GM
PGNY US
Price Range: $14.00 - $16.00/share ***Priced at $13.00/share***
Shares Offered: 10 million shares (6.7 million new shares + 3.3 million existing shares) ~12% float
Progyny is a benefits management company specializing in fertility and family building benefits. The company provides insurance coverage of fertility treatments such as single embryo transfer. The company is valued at ca. $1.3 billion.
Price Range: $14.00 - $16.00/share ***Priced at $13.00/share***
Shares Offered: 10 million shares (6.7 million new shares + 3.3 million existing shares) ~12% float
Progyny is a benefits management company specializing in fertility and family building benefits. The company provides insurance coverage of fertility treatments such as single embryo transfer. The company is valued at ca. $1.3 billion.
See more details
BASE (TRADING)
October 25, 2019
Tokyo
4477 JP
Price Range: JPY 1,150 - JPY 1,300/share
Price Range: JPY 1,150 - JPY 1,300/share
See more details
PropertyGuru (WITHDRAWN)
October 25, 2019
ASE
PGU AU
Price Range: AU$3.70 - AU$4.50/share
Singapore-based online real estate classified provider backed by TPG Capital and KKR & Co.
Price Range: AU$3.70 - AU$4.50/share
Singapore-based online real estate classified provider backed by TPG Capital and KKR & Co.
See more details
C&A Modas (TRADING)
October 28, 2019
B3 Day
CEAB3 BZ
Price Range: 16.5 - 20.0 reais.share
Share Offered: 27 million shares
C&A Modas is the Brazilian unit of Dutch fast fashion retailer C&A controlled by the Brenninkmeijer family.
Price Range: 16.5 - 20.0 reais.share
Share Offered: 27 million shares
C&A Modas is the Brazilian unit of Dutch fast fashion retailer C&A controlled by the Brenninkmeijer family.
See more details
Ascentage Pharma Group International (TRADING)
October 28, 2019
HKEX
6855 HK
Price Range: HK$32.20 - HK$34.20/share ***Priced at HK$34.20/share***
Shares Offered: 12.18 million shares
Ascentage is a clinical-stage biotech company.
Price Range: HK$32.20 - HK$34.20/share ***Priced at HK$34.20/share***
Shares Offered: 12.18 million shares
Ascentage is a clinical-stage biotech company.
See more details
Newlat Food SpA (TRADING)
October 29, 2019
BrsaItaliana
NWL IM
Price Range: €5.80 - €7.30/share ***Priced at €5.80/share***
Shares Offered: 12.70 million shares
Extended a week of offer
See more details
Zinus (TRADING)
October 30, 2019
Korea SE
013890 KS
Price Range: KRW 80,000 -90,000/share ***Priced at 70,000 won/share***
Shares Offered: 3.02 million shares ***Downsized to 2.42 million shares***
Price Range: KRW 80,000 -90,000/share ***Priced at 70,000 won/share***
Shares Offered: 3.02 million shares ***Downsized to 2.42 million shares***
See more details
LOTTE REIT (TRADING)
October 30, 2019
Kospi
330590 KS
Price Range: KRW 4,750 - KRW 5,000/share ***Priced at 5,000 won/share***
Lotte REIT by Korean-Japanese retail-to-chemical conglomerate Lotte. This is the largest IPO in Korea this year and would be the largest REIT by market value on Kospi.
See more details
RAPT Therapeutics (TRADING)
October 31, 2019
NASDAQ GM
RAPT US
Price Range: $12.00 - $14.00/share ***Priced at $12.00/share***
Shares Offered: 3,000,000 shares
The biotech company first attempted to go public on Aug 1 2019 expecting to offer 5 million shares at $14.00 - $16.00/share.
Price Range: $12.00 - $14.00/share ***Priced at $12.00/share***
Shares Offered: 3,000,000 shares
The biotech company first attempted to go public on Aug 1 2019 expecting to offer 5 million shares at $14.00 - $16.00/share.
See more details
JS Global Lifestyle (WITHDRAWN)
October 31, 2019
HKEX
1691 HK
Price Range: HK$5.55 - HK$7.25/share
Price Range: HK$5.55 - HK$7.25/share
See more details
CMGE Technology Group (TRADING)
October 31, 2019
HKEX
302 HK
Price Range: HK$2.19 - $2.83/share ***Priced at HK$2.83***
Shares Offered: 461.0 million shares
CMGE is a mobile game developer and publisher.
Price Range: HK$2.19 - $2.83/share ***Priced at HK$2.83***
Shares Offered: 461.0 million shares
CMGE is a mobile game developer and publisher.
See more details
YCIH Green High-Performance Concrete (TRADING)
October 31, 2019
HKEX
1847 HK
Price Range: HK$2.76 - HK$3.51 ***Priced at HK$3.36/share***
Shares Offered: 133.88 million shares
Price Range: HK$2.76 - HK$3.51 ***Priced at HK$3.36/share***
Shares Offered: 133.88 million shares
See more details
Oyster Point Pharma* (TRADING)
October 31, 2019
NASDAQ GM
OYST US
Price Range: $16.00 - $18.00/share ***Priced at $16,00/share***
Shares Offered: 5 million shares
Price Range: $16.00 - $18.00/share ***Priced at $16,00/share***
Shares Offered: 5 million shares
See more details
Fangdd Network Group (TRADING)
November 1, 2019
NASDAQ GM
DUO US (ADR)
Price Range: $13.00 - $15.00/share ***Priced at $13,00/share***
Shares Offered: 7 million shares ***Downsized to 6 million shares***
Price Range: $13.00 - $15.00/share ***Priced at $13,00/share***
Shares Offered: 7 million shares ***Downsized to 6 million shares***
See more details
ESR Cayman (TRADING)
November 1, 2019
HKEX
1821 HK
Price Range: HK$16.20 - HK$17.40/share ***Priced at HK$16.80/share***
Share Offered: 653.7 million shares ***Upsized to 751.7 million shares***
ESR Cayman is a logistics real estate developer backed by Warburg Pincus. The offer was postponed from June.
Price Range: HK$16.20 - HK$17.40/share ***Priced at HK$16.80/share***
Share Offered: 653.7 million shares ***Upsized to 751.7 million shares***
ESR Cayman is a logistics real estate developer backed by Warburg Pincus. The offer was postponed from June.
See more details
WA Inc (TRADING)
November 1, 2019
Tokyo
7683 JP
Price Range: 4,490 - 4,690 yen/share ***Priced at JPY 4,690/share***
Shares Offered: 900,000 shares
Price Range: 4,490 - 4,690 yen/share ***Priced at JPY 4,690/share***
Shares Offered: 900,000 shares
See more details
Q&K International Group (TRADING)
November 5, 2019
NASDAQ GM
QK US
Price Range: $17.00 - $19.00/share ***Priced at $17.00/share***
Shares Offered: 5.2 million
Price Range: $17.00 - $19.00/share ***Priced at $17.00/share***
Shares Offered: 5.2 million
See more details
Xi S&D (TRADING)
November 6, 2019
Korea SE
317400 KS
Price Range: KRW 4,200 - 5,200/share ***Priced at 5,200 won/share***
Shares Offered: 8.8 million
Price Range: KRW 4,200 - 5,200/share ***Priced at 5,200 won/share***
Shares Offered: 8.8 million
See more details
Changsha Broad Homes Industrial Group (TRADING)
November 6, 2019
HKEX
2163 HK
Price Range: HK$9.68 - HK$12.48/share ***Priced at HK$9.68/share***
Shares Offered: 121.87 million shares
Price Range: HK$9.68 - HK$12.48/share ***Priced at HK$9.68/share***
Shares Offered: 121.87 million shares
See more details
Silvergate Capital (TRADING)
November 7, 2019
NYSE
SI US
Price Range: $13.00 - $15.00/share ***Priced at $12.00/share***
Shares Offered: 3,744,307 shares (770,000 new shares + 2,974,307 shares from selling shareholders) ***Downsized to 3.33 million shares***
Silvergate Capital operates through Silvergate Bank (Silvergate Exchange Network), is a provider of financial infrastructure solutions and services in the digital currency industry.
Price Range: $13.00 - $15.00/share ***Priced at $12.00/share***
Shares Offered: 3,744,307 shares (770,000 new shares + 2,974,307 shares from selling shareholders) ***Downsized to 3.33 million shares***
Silvergate Capital operates through Silvergate Bank (Silvergate Exchange Network), is a provider of financial infrastructure solutions and services in the digital currency industry.
See more details
GFL Environmental* (WITHDRAWN)
November 7, 2019
NYSE
GFL US
Price Range: $20.00 - $24.00/share
Shares Offered: 87.6 million
GFL is a Canadian waste hauler company. GFL is valued at ca. $7.5 billion if priced on high-end.
Price Range: $20.00 - $24.00/share
Shares Offered: 87.6 million
GFL is a Canadian waste hauler company. GFL is valued at ca. $7.5 billion if priced on high-end.
See more details
Galera Therapeutics (TRADING)
November 7, 2019
NASDAQ GM
GRTX US
Price Range: $14.00 - $16.00 ***Priced at $12.00/share***
Shares Offered: 5 million shares
Price Range: $14.00 - $16.00 ***Priced at $12.00/share***
Shares Offered: 5 million shares
See more details
Centogene (TRADING)
November 7, 2019
NASDAQ GM
CNTG US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 4.0 million
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 4.0 million
See more details
ITM Semiconductor (TRADING)
November 7, 2019
KOSDAQ
084850 KS
Price Range: KRW 23,000 - 26,000/share ***Priced at KRW 26,000/share***
Shares Offered: 5.05 million
Price Range: KRW 23,000 - 26,000/share ***Priced at KRW 26,000/share***
Shares Offered: 5.05 million
See more details
Tela Bio (TRADING)
November 8, 2019
NASDAQ GM
TELA US
Price Range: $14.00 - $16.00/share
Shares Offered: 4 million
Price Range: $14.00 - $16.00/share
Shares Offered: 4 million
See more details
ECMOHO (TRADING)
November 8, 2019
MOHO US
Price Range: $10.00 - $12.00/share ***Priced at $10.00/share***
Shares Offered: 4.38 million shares
Price Range: $10.00 - $12.00/share ***Priced at $10.00/share***
Shares Offered: 4.38 million shares
See more details
Shanghai Kindly Medical Instruments (TRADING)
November 8, 2019
HKEX
1501 HK
Price Range: HK$20.01 - HK$20.8/share
Shares Offered: 40.0 million shares
See more details
Xinji Shaxi Group (TRADING)
November 8, 2019
HKEX
3603 HK
Price Range: HK$0.9 - HK$1.10/share
Shares Offered: 375 million shares
Price Range: HK$0.9 - HK$1.10/share
Shares Offered: 375 million shares
See more details
36Kr (TRADING)
November 8, 2019
NASDAQ GM
KRKR US (Chinese ADR)
Price Range: $14.50 - $17.50/share ***Priced at $14.5/share***
Shares Offered : 3.6 million shares ***DOWNSIZED to 1.38 million shares***
Price Range: $14.50 - $17.50/share ***Priced at $14.5/share***
Shares Offered : 3.6 million shares ***DOWNSIZED to 1.38 million shares***
See more details
TOT Biopharm International (TRADING)
November 8, 2019
HKEX
1875 HK
Price Range: HK$6.55 - HK$7.55/share
Shares Offered: 90 million shares
Price Range: HK$6.55 - HK$7.55/share
Shares Offered: 90 million shares
See more details
Dalipal (TRADING)
November 8, 2019
HKEX
1921 HK
Price Range: HK$1.59 - HK$1.83/share
Shares Offered: 300 million shares
Price Range: HK$1.59 - HK$1.83/share
Shares Offered: 300 million shares
See more details
89bio (TRADING)
November 11, 2019
NASDAQ GM
ETNB US ***Postponed a week***
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 4,370,000 shares ***Upsized to 5.30 million shares***
89bio is a clinical-stage biopharmaceutical company focuses on treatment of liver and cardio-metabolic diseases. The company has its lead product candidate BIO89-100 in Phase 1b/2a clinical trial for nonalcoholic steatohepatitis (NASH).
Price Range: $15.00 - $17.00/share ***Priced at $16.00/share***
Shares Offered: 4,370,000 shares ***Upsized to 5.30 million shares***
89bio is a clinical-stage biopharmaceutical company focuses on treatment of liver and cardio-metabolic diseases. The company has its lead product candidate BIO89-100 in Phase 1b/2a clinical trial for nonalcoholic steatohepatitis (NASH).
See more details
China Tianbao Group Development (TRADING)
November 11, 2019
HKEX
1427 HK
Price Range: HK$2.39 - HK$3.10/share ***Priced at HK$2.50/share***
Shares Offered: 200 million shares
Price Range: HK$2.39 - HK$3.10/share ***Priced at HK$2.50/share***
Shares Offered: 200 million shares
See more details
S Hotels & Resorts (TRADING)
November 12, 2019
Bangkok
SHR TB
Price Range: THB 5.10 - 5.50/share ***Priced at THB5.20/share***
Shares Offered: ~40% float ***Upsized from 1.37 billion shares to 1.44 billion shares***
Price Range: THB 5.10 - 5.50/share ***Priced at THB5.20/share***
Shares Offered: ~40% float ***Upsized from 1.37 billion shares to 1.44 billion shares***
See more details
Sinomab Bioscience (TRADING)
November 12, 2019
HKEX
3681 HK
Price Range: HK$7.60 - HK$9.60/share ***Priced at HK$7.60/share***
Shares Offered: 182.13 million shares
Late-stage Hong Kong-based biopharmaceutical company focuses on immunological diseases (rheumatoid arthritis).
Price Range: HK$7.60 - HK$9.60/share ***Priced at HK$7.60/share***
Shares Offered: 182.13 million shares
Late-stage Hong Kong-based biopharmaceutical company focuses on immunological diseases (rheumatoid arthritis).
See more details
VGI Partners Asian Investment (TRADING)
November 13, 2019
ASE
VG8 AU (Closed-end fund)
Priced at AU$2.50/share
Shares Offered: 320.0 million shares
This will be a LIC offer. A listed investment company (LIC) is an Australian closed-end collective investment scheme similar to investment trusts in the UK and closed-end funds in the United States.
Priced at AU$2.50/share
Shares Offered: 320.0 million shares
This will be a LIC offer. A listed investment company (LIC) is an Australian closed-end collective investment scheme similar to investment trusts in the UK and closed-end funds in the United States.
See more details
Hanwha Systems (TRADING)
November 13, 2019
Korea SE
272210 KS
Price Range: KRW 12,250 - KWR 14,000/share ***Priced at 12,250 won/share***
Shares Offered: 32.86 million shares
Price Range: KRW 12,250 - KWR 14,000/share ***Priced at 12,250 won/share***
Shares Offered: 32.86 million shares
See more details
China Feihe (TRADING)
November 13, 2019
HKEX
6186 HK
Price Range: HK$7.50 - HK$10.00/share ***Priced at HK$7.50/share***
Shares Offered: 893.34 million shares
Price Range: HK$7.50 - HK$10.00/share ***Priced at HK$7.50/share***
Shares Offered: 893.34 million shares
See more details
Absolute Clean Energy (TRADING)
November 13, 2019
Bangkok
ACE TB
Price Range: THB 4.00 - THB 4.40/share ***Priced at THB 4.40/share***
Shares Offered: 1.02 billion shares
Price Range: THB 4.00 - THB 4.40/share ***Priced at THB 4.40/share***
Shares Offered: 1.02 billion shares
See more details
SBN Holdings
November 15, 2019
Windhoek
SNO NW
Priced at NAD 8.90/share
Shares Offered: 22.47 million new shares + 58.67 million shares from selling stockholders
Priced at NAD 8.90/share
Shares Offered: 22.47 million new shares + 58.67 million shares from selling stockholders
See more details
Sinic Holdings Group
November 15, 2019
HKEX
2103 HK
Price Range: HK$3.30 - HK$4.25/share
Share Offered: 529.41 million shares
Price Range: HK$3.30 - HK$4.25/share
Share Offered: 529.41 million shares
See more details
Cal-Comp Technology Philippines (POSTPONED)
November 18, 2019
Philippines
CCPH PM
Price Range: PHP 25.00/share
Price Range: PHP 25.00/share
See more details
SJ Group (TRADING)
November 18, 2019
KOSDAQ
306040 KS
Price Range: KRW 32,000 - KRW 38,600/share ***Priced at 38,600 won/share***
Shares Offered: 820,000 shares
Price Range: KRW 32,000 - KRW 38,600/share ***Priced at 38,600 won/share***
Shares Offered: 820,000 shares
See more details
Hyundai Energy Solutions (TRADING)
November 19, 2019
Korea SE
322000 KS
Price Range: KRW 24,000 - KRW 28,000/share ***Priced at 18,000 won/share***
Shares Offered: 4 million shares ***Downsized to 3.2 million shares***
Price Range: KRW 24,000 - KRW 28,000/share ***Priced at 18,000 won/share***
Shares Offered: 4 million shares ***Downsized to 3.2 million shares***
See more details
Dneg (POSTPONED)
November 20, 2019
London
DNEG LNPrice Range: GBp 240.0 - GBp 330.0/share
Shares Offered: 150 million shares
Dneg is a digital visual effect, animation and stereo conversion company for feature film and television.
See more details
YX Asset Recovery (WITHDRAWN)
November 21, 2019
NYSE
YXR US (ADR)
Price Range: $7.75 - $9.75/share
Shares Offered: 9,282,000 shares
YX Asset Recovery provides delinquent consumer debt collection service in China. The company focuses on the collection of tertiary receivables.
POSTPONED to WITHDRAWN
Price Range: $7.75 - $9.75/share
Shares Offered: 9,282,000 shares
YX Asset Recovery provides delinquent consumer debt collection service in China. The company focuses on the collection of tertiary receivables.
POSTPONED to WITHDRAWN
See more details
Twenty-four seven Inc (TRADING)
November 21, 2019
Tokyo
7074 JP
Price Range: JPY 3,270 - JPY 3,420/share ***Priced at 3,420 yen/share***
Shares Offered: 985,000 shares
Price Range: JPY 3,270 - JPY 3,420/share ***Priced at 3,420 yen/share***
Shares Offered: 985,000 shares
See more details
SiTime (TRADING)
November 21, 2019
NASDAQ GM
SITM US
Price Range: $13.00 - $15.00/share ***Priced at $13.00/share***
Shares Offered: 4.3 million shares
SiTime Corporation is a wholly owned subsidiary of MegaChips. SiTimes offers MEMS-based silicon timing system (micro-electromechanical systems).
Price Range: $13.00 - $15.00/share ***Priced at $13.00/share***
Shares Offered: 4.3 million shares
SiTime Corporation is a wholly owned subsidiary of MegaChips. SiTimes offers MEMS-based silicon timing system (micro-electromechanical systems).
See more details
Canaan (TRADING)
November 21, 2019
NASDAQ GM
CAN US (ADS)
Price Range: $9.00 - $11.00/share ***Priced at $9.00/share***
Shares Offered: 10 million shares
Canaan is one of the largest global bitcoin mining machines makers based in China.
Price Range: $9.00 - $11.00/share ***Priced at $9.00/share***
Shares Offered: 10 million shares
Canaan is one of the largest global bitcoin mining machines makers based in China.
See more details
Francaise des Jeux (TRADING)
November 21, 2019
Euronext Paris
FDJ FP
Price Range: EUR 16.50 - EUR 19.90/shares ***Priced at EUR 19.9/share***
Shares Offered: 75.67 million shares ***Upsized to 81.14 million shares***
FDJ is the state-owned french lottery operator.
See more details
Alpine Income Property Trust (TRADING)
November 22, 2019
NYSE
PINE US
Price Range: $19.00 - $21.00/shares ***Priced at $19.00/share***
Shares Offered: 7.5 million shares
Alpine owns and operates a portfolio of single-tenant commercial properties. This is a REIT offer.
Price Range: $19.00 - $21.00/shares ***Priced at $19.00/share***
Shares Offered: 7.5 million shares
Alpine owns and operates a portfolio of single-tenant commercial properties. This is a REIT offer.
See more details
Huali University Group (TRADING)
November 25, 2019
HKEX
1756 HK
Price Range: HK$2.93 - HK$3.26/shares ***Priced at HK$3.26/share***
Shares Offered: 300 million shares
Price Range: HK$2.93 - HK$3.26/shares ***Priced at HK$3.26/share***
Shares Offered: 300 million shares
See more details
Heaven-Sent Gold Group (POSTPONED)
November 25, 2019
HKEX
1342 HK
Price Range: HK$13.10 - HK$17.50/share
Shares Offered: 80.44 million shares
Heaven-Sent Gold Group operates two South African gold mines.
See more details
Alibaba Group (TRADING)
November 26, 2019
HKEX
9988 HK (Secondary Offering)
***Priced at HK$176.00/share***
Shares Offered: 500.0 million shares
The ADSs are listed on NYSE under "BABA" since 2014.
***Priced at HK$176.00/share***
Shares Offered: 500.0 million shares
The ADSs are listed on NYSE under "BABA" since 2014.
See more details
Pharmaron Beijing (TRADING)
November 28, 2019
HKEX
3759 HK
Price Range: HK$34.50 - HK$39.50/share
Shares Offered: 116.5 million shares
Price Range: HK$34.50 - HK$39.50/share
Shares Offered: 116.5 million shares
See more details
Carbon Revolution (TRADING)
November 29, 2019
ASE
CBR AU
Priced at AU$2.60/share
Shares Offered: 34.67 million shares
Carbon Revolution is an Australian carbon-fibre wheels company.
Priced at AU$2.60/share
Shares Offered: 34.67 million shares
Carbon Revolution is an Australian carbon-fibre wheels company.
See more details
DiaMonTech (POSTPONED)
November 29, 2019
Frankfurt
3XW GR
Price Range: EUR 32.00 - EUR 38.00/share
Shares Offered: 1,796,875 shares ~26.7% float
DiaMonTech is a Berlin-based medical technology company. The company has developed a laser-based, non-invasive blood glucose monitoring device, which is planned to be launched on the market by 2020.
Price Range: EUR 32.00 - EUR 38.00/share
Shares Offered: 1,796,875 shares ~26.7% float
DiaMonTech is a Berlin-based medical technology company. The company has developed a laser-based, non-invasive blood glucose monitoring device, which is planned to be launched on the market by 2020.
See more details
K-fast (TRADING)
November 29, 2019
KFASTB SS (Class B)
Priced at SEK 105/share
Shares Offered: 7.5 million shares
K-Fastigheter is a residential property company founded in 2010 headquartered in Hassleholm, Sweden.
Priced at SEK 105/share
Shares Offered: 7.5 million shares
K-Fastigheter is a residential property company founded in 2010 headquartered in Hassleholm, Sweden.
See more details
Koreacenter.com (TRADING)
November 29, 2019
KOSDAQ
290510 KS
Price Range: KRW 24,000 - KRW 27,200/share ***Priced at 18,000 won/share***
Shares Offered: 2.55 million shares
Price Range: KRW 24,000 - KRW 27,200/share ***Priced at 18,000 won/share***
Shares Offered: 2.55 million shares
See more details
NH Prime REIT (TRADING)
December 5, 2019
Korea SE
338100 KS (REIT)
Priced at 5,000 won/share
Shares Offered: 13.76 million
Priced at 5,000 won/share
Shares Offered: 13.76 million
See more details
JY Grandmark (TRADING)
December 5, 2019
HKEX
2231 HK
Price Range: HK$2.91 - HK$3.63/share ***Priced at HK$3.16/share***
Shares Offered: 400 million shares
JY Grandmark is a real estate developer in China.
Price Range: HK$2.91 - HK$3.63/share ***Priced at HK$3.16/share***
Shares Offered: 400 million shares
JY Grandmark is a real estate developer in China.
See more details
Tyro Payment (TRADING)
December 6, 2019
ASE
TYR AU
Price Range: AUD 2.50 - AUD 2.75/share ***Priced at AU$2.75/share***
Share Offered: 116.5 million shares (~20% float) ***Downsized to 104.46 million***
Price Range: AUD 2.50 - AUD 2.75/share ***Priced at AU$2.75/share***
Share Offered: 116.5 million shares (~20% float) ***Downsized to 104.46 million***
See more details
Nuchev (TRADING)
December 9, 2019
ASE
NUC AU
Price Range: AUD 2.5 - AUD 2.95/share ***Priced at AU$2.6/share***
Shares Offered: 18.73 million shares
Nuchev is an Australian dairy nutrition company. The company specializes in goat milk based formula product.
Price Range: AUD 2.5 - AUD 2.95/share ***Priced at AU$2.6/share***
Shares Offered: 18.73 million shares
Nuchev is an Australian dairy nutrition company. The company specializes in goat milk based formula product.
See more details
Astralis (TRADING)
December 9, 2019
FN Denmark
ASTGRP DC
Priced at DKK 8.95/share
Shares Offered: 16.76 million shares
Astralis is a Denmark e-sports team.
Priced at DKK 8.95/share
Shares Offered: 16.76 million shares
Astralis is a Denmark e-sports team.
See more details
Sanlorenzo SpA (TRADING)
December 10, 2019
BrsaItaliana
SL IM
Price Range: EUR 16.00 - EUR 19.00/share ***Narrowed to EUR 17 - EUR 18/share***
***Priced at EUR 16.00/share***
Shares Offered: 11 million shares ***Upsized to 12.10 million shares***
Sanlorenzo is a Italian luxury yacht maker.
Price Range: EUR 16.00 - EUR 19.00/share ***Narrowed to EUR 17 - EUR 18/share***
***Priced at EUR 16.00/share***
Shares Offered: 11 million shares ***Upsized to 12.10 million shares***
Sanlorenzo is a Italian luxury yacht maker.
See more details
Venus MedTech Hangzhou (TRADING)
December 10, 2019
HKEX
2500 HK
Price Range: HK$29.00 HK$33.00/shares ***Priced at HK$33.00/share***
Shares Offered: 78.54 million shares
Price Range: HK$29.00 HK$33.00/shares ***Priced at HK$33.00/share***
Shares Offered: 78.54 million shares
See more details
Coop Pank (TRADING)
December 10, 2019
Nasdaq Tallinn Stock Exchange
CPA1T ET
Price Range: EUR 1.15 - EUR 1.30/share ***Priced at 1.15 euro/share***
Shares Offered: 40.25 million shares (consists of 32.18 million new shares and 8.07 million existing shares) ***Downsized to 32.99 million shares***
Coop Pank is an Estonian bank.
Price Range: EUR 1.15 - EUR 1.30/share ***Priced at 1.15 euro/share***
Shares Offered: 40.25 million shares (consists of 32.18 million new shares and 8.07 million existing shares) ***Downsized to 32.99 million shares***
Coop Pank is an Estonian bank.
See more details
Saudi Arabian Oil Co (TRADING)
December 11, 2019
Saudi Arabia
ARAMCO AB
Price Range: SAR 30.00 - SAR 32.00/share ***Priced at SAR 32.00/share***
Shares Offered: 3 billion shares
Price Range: SAR 30.00 - SAR 32.00/share ***Priced at SAR 32.00/share***
Shares Offered: 3 billion shares
See more details
Makuake (TRADING)
December 11, 2019
Tokyo
4479 JP
Price Range: JPY 1,500 - JPY 1,550/share ***Priced at 1,550 yen/share***
Shares Offered: 2.55 million shares
Price Range: JPY 1,500 - JPY 1,550/share ***Priced at 1,550 yen/share***
Shares Offered: 2.55 million shares
See more details
Baladna (TRADING)
December 11, 2019
Qatar
BLDN QD (Open for Qatar citizens only)
Priced at QAR 1.01/share
Shares Offered: 1.43 billion shares
Baladna Food Industries (Baladna) is a Qatari dairy company.
Priced at QAR 1.01/share
Shares Offered: 1.43 billion shares
Baladna Food Industries (Baladna) is a Qatari dairy company.
See more details
XP Inc (TRADING)
December 11, 2019
NASDAQ GM
XP US
Price Range: $22.00 - $25.00/share ***Priced at $27.00/share***
Share Offered: 72,510,641 shares (42,553,192 new shares + 29.958,449 shares from XP Controle, GA Bermuda and DYNA III)
XP Inc is Brazil's largest brokerage founded in 2001. The group is currently composed of 26 entities offering financial services from broker-dealer, asset management, insurance broker, and digital content publishing. Current pricing range gives XP a valuation close to $14 billion.
Price Range: $22.00 - $25.00/share ***Priced at $27.00/share***
Share Offered: 72,510,641 shares (42,553,192 new shares + 29.958,449 shares from XP Controle, GA Bermuda and DYNA III)
XP Inc is Brazil's largest brokerage founded in 2001. The group is currently composed of 26 entities offering financial services from broker-dealer, asset management, insurance broker, and digital content publishing. Current pricing range gives XP a valuation close to $14 billion.
See more details
Andlauer Healthcare Group (TRADING)
December 11, 2019
Toronto
AND CN
Price Range: CA$12.00 - CA$15.00/share ***Priced at CA$15.00/share***
Shares Offered: 10.0 million shares
Price Range: CA$12.00 - CA$15.00/share ***Priced at CA$15.00/share***
Shares Offered: 10.0 million shares
See more details
Summiq (WITHDRAWN)
December 11, 2019
Munich
S7Q GR
Priced at 10 euro/share
Shares Offered: 10.0 million shares
SUMMIQ is an European electricity producer. The company holds a portfolio of wind and solar power projects in Europe. SUMMIQ is the strategic partner of Green City, a German developer of renewable energy projects.
Priced at 10 euro/share
Shares Offered: 10.0 million shares
SUMMIQ is an European electricity producer. The company holds a portfolio of wind and solar power projects in Europe. SUMMIQ is the strategic partner of Green City, a German developer of renewable energy projects.
See more details
Rameda (TRADING)
December 11, 2019
EGX
RMDA EY
Price fixed at EGP 4.66/share
Shares Offered: 376.6 million shares (from existing shareholder Greville Investing Ltd)
Tenth of Ramadan Pharmaceuticals and Diagnostic Reagents is an Egyptian generic pharmaceutical company.
Price fixed at EGP 4.66/share
Shares Offered: 376.6 million shares (from existing shareholder Greville Investing Ltd)
Tenth of Ramadan Pharmaceuticals and Diagnostic Reagents is an Egyptian generic pharmaceutical company.
See more details
Qleanair (TRADING)
December 12, 2019
Nasdaq First North Premier Growth Market
QAIR SS
Priced at SEK40.00/share
Shares Offered: 7.5 million (from existing shareholder Qevirp 41 Ltd)
QleanAir is a Swedish air-filter supplier.
Priced at SEK40.00/share
Shares Offered: 7.5 million (from existing shareholder Qevirp 41 Ltd)
QleanAir is a Swedish air-filter supplier.
See more details
Bill.com (TRADING)
December 12, 2019
NYSE
BILL US
Price Range: $16.00 - $18.00/share
***Amended Price Range: $19.00 - $21.00/share***
***Priced at $22.00/share***
Shares Offered: 8,823,529 shares
***Upsized to 9.82 million***
Bill.com provides small and midsize businesses (SMBs) financial software. The software platform allows SMBs to manage end-to-end financial workflows and process payments. The company is valued above $1.2 billion if priced on high-end
Price Range: $16.00 - $18.00/share
***Amended Price Range: $19.00 - $21.00/share***
***Priced at $22.00/share***
Shares Offered: 8,823,529 shares
***Upsized to 9.82 million***
Bill.com provides small and midsize businesses (SMBs) financial software. The software platform allows SMBs to manage end-to-end financial workflows and process payments. The company is valued above $1.2 billion if priced on high-end
See more details
XD Inc (TRADING)
December 12, 2019
HKEX
2400 HK
Price Range: HK$11.10 - HK$15.80/shares ***Priced at HK$11.10/share***
Shares Offered: 63.6 million shares
Price Range: HK$11.10 - HK$15.80/shares ***Priced at HK$11.10/share***
Shares Offered: 63.6 million shares
See more details
Alphamab Oncology (TRADING)
December 12, 2019
HKEX
9966 HK
Price Range: HK$9.10 - HK$10.20/share ***Priced at HK$10.20/share***
Shares Offered: 179.4 million shares
Price Range: HK$9.10 - HK$10.20/share ***Priced at HK$10.20/share***
Shares Offered: 179.4 million shares
See more details
Medley (TRADING)
December 12, 2019
Tokyo
4480 JP
Price Range: 1,280 - 1,300 yen/shares ***Priced at 1,300 yen/share***
Shares Offered: 13.76 million shares
Price Range: 1,280 - 1,300 yen/shares ***Priced at 1,300 yen/share***
Shares Offered: 13.76 million shares
See more details
EHang (TRADING)
December 12, 2019
NASDAQ GM
EH US
Price Range: $12.50 - $14.50 ***Priced at $12.50/share***
Shares Offered: 3.20 million ADS
EHang is a Chinese drone manufacturer.
Price Range: $12.50 - $14.50 ***Priced at $12.50/share***
Shares Offered: 3.20 million ADS
EHang is a Chinese drone manufacturer.
See more details
MoneyMe (TRADING)
December 12, 2019
ASE
MME AU
Priced at AU$1.25/share
Shares Offered: 36.0 million shares
MoneyMe is a digital consumer credit business that originates loans through its lending platform.
Priced at AU$1.25/share
Shares Offered: 36.0 million shares
MoneyMe is a digital consumer credit business that originates loans through its lending platform.
See more details
Chen Lin Education Group (TRADING)
December 13, 2019
HKEX
1593 HK
Price Range: HK$3.52/share ***Priced at HK$2.20/share***
Shares Offering: 250 million shares
Price Range: HK$3.52/share ***Priced at HK$2.20/share***
Shares Offering: 250 million shares
See more details
OneConnect Financial Technology (TRADING)
December 13, 2019
NYSE
OCFT US (ADR)
Price Range: $12.00 - $14.00/share
***Amended Price Range: $9.00 - $10.00/share***/***Priced at $10.00/share***
Shares Offered: 36.0 million ADS/representing 108 million shares
***Downsized to 26 million ADS*** /***Upsized to 31.20 million ADS***
OneConnect Financial Technology is the fintech spin-off of Ping An Insurance, China's largest insurance company. OneConnect is valued at ca. $5 billion, a 33% drop from the $7.5 billion valuation in the latest round of funding with prominent investors including Softbank and SBI Group.
Price Range: $12.00 - $14.00/share
***Amended Price Range: $9.00 - $10.00/share***/***Priced at $10.00/share***
Shares Offered: 36.0 million ADS/representing 108 million shares
***Downsized to 26 million ADS*** /***Upsized to 31.20 million ADS***
OneConnect Financial Technology is the fintech spin-off of Ping An Insurance, China's largest insurance company. OneConnect is valued at ca. $5 billion, a 33% drop from the $7.5 billion valuation in the latest round of funding with prominent investors including Softbank and SBI Group.
See more details
Sprout Social (TRADING)
December 13, 2019
NASDAQ GM
SPT US
Price Range: $16.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 8,823,530 shares
Sprout Social provides a software platform to manage social media marketing/sales/public relations/customer service for businesses.
Price Range: $16.00 - $18.00/share ***Priced at $17.00/share***
Shares Offered: 8,823,530 shares
Sprout Social provides a software platform to manage social media marketing/sales/public relations/customer service for businesses.
See more details
Renrui Human Resources Technology (TRADING)
December 13, 2019
HKEX
6919 HK
Price Range: HK$26.60 - HK$28.90/share ***Priced at HK$26.60/share***
Shares Offered: 38.0 million shares
Renrui Human Resources Technology is a HR service provider in China.
Price Range: HK$26.60 - HK$28.90/share ***Priced at HK$26.60/share***
Shares Offered: 38.0 million shares
Renrui Human Resources Technology is a HR service provider in China.
See more details
JMDC Inc (TRADING)
December 16, 2019
Tokyo
4483 JP
Price Range: 2,780 - 2,950 yen/share ***Priced at 2,950 yen/share***
Shares Offered: 5.10 million shares
Price Range: 2,780 - 2,950 yen/share ***Priced at 2,950 yen/share***
Shares Offered: 5.10 million shares
See more details
Openpay Group (TRADING)
December 16, 2019
ASE
OPY AU
Priced at AU$1.60/share
Shares Offered: 31.25 million shares
Openpay is a Melbourne Australia based fintech company. The firm provides a payment platform that allows after pay.
Priced at AU$1.60/share
Shares Offered: 31.25 million shares
Openpay is a Melbourne Australia based fintech company. The firm provides a payment platform that allows after pay.
See more details
Bangkok Commercial Asset Management (TRADING)
December 16, 2019
Bangkok
BAM TB
Price Range: THB15.50 - THB17.50/share ***Priced at 17.5 baht/share***
Shares Offered: 1.535 billion shares
Bangkok Commercial Asset Management is Thai's largest manager of distressed assets.
Price Range: THB15.50 - THB17.50/share ***Priced at 17.5 baht/share***
Shares Offered: 1.535 billion shares
Bangkok Commercial Asset Management is Thai's largest manager of distressed assets.
See more details
Freee KK (TRADING)
December 17, 2019
Tokyo
4478 JP
Price Range: JPY 1,800 - JPY 2,000 ***Priced at 2,000 yen/share***
Shares Offered: 17.38 million shares
Freee KK is a Japanese cloud-based accounting company.
Price Range: JPY 1,800 - JPY 2,000 ***Priced at 2,000 yen/share***
Shares Offered: 17.38 million shares
Freee KK is a Japanese cloud-based accounting company.
See more details
JS Global Lifestyle (TRADING)
December 18, 2019
HKEX
1691 HK
Priced at HK$5.20/share
Shares Offered: 499.83 million shares
Priced at HK$5.20/share
Shares Offered: 499.83 million shares
See more details
Maike Tube Industry (TRADING)
December 18, 2019
HKEX
1553 HK
Price Range: HK$1.86 - HK$2.40/share ***Priced at HK$2.28/share***
Shares Offered: 98.4 million shares
Price Range: HK$1.86 - HK$2.40/share ***Priced at HK$2.28/share***
Shares Offered: 98.4 million shares
See more details
JTOWER (TRADING)
December 18, 2019
Tokyo
4485 JP
Price Range: JPY 1,550 - JPY 1,600/share ***Priced at 1,600 yen/share***
Shares Offered: 5.89 million shares
JTOWER designs and develops information communication infrastructure.
Price Range: JPY 1,550 - JPY 1,600/share ***Priced at 1,600 yen/share***
Shares Offered: 5.89 million shares
JTOWER designs and develops information communication infrastructure.
See more details
Times Neighborhood (TRADING)
December 19, 2019
HKEX
9928 HK
Price Range: HK$4.23 - HK$5.80/share ***Priced at HK$5.15/share***
Shares Offered: 161.82 million shares
Price Range: HK$4.23 - HK$5.80/share ***Priced at HK$5.15/share***
Shares Offered: 161.82 million shares
See more details
MedPacto (TRADING)
December 19, 2019
KOSDAQ
235980 KS
Price Range: KRW 34,000 - KRW 43,000/share ***Priced at KRW 40,000/share***
Shares Offered: 1.51 million shares
Price Range: KRW 34,000 - KRW 43,000/share ***Priced at KRW 40,000/share***
Shares Offered: 1.51 million shares
See more details
SRE (TRADING)
December 19, 2019
Tokyo
2980 JP
Price Range: JPY 2,500 - JPY 2,650/share ***Priced at 2,650 yen/share***
Shares Offered: 4.48 million shares
Price Range: JPY 2,500 - JPY 2,650/share ***Priced at 2,650 yen/share***
Shares Offered: 4.48 million shares
See more details
Poly Property Development (TRADING)
December 19, 2019
HKEX
6049 HK
Price Range: HK$30.70 - HK$35.10 ***Priced at HK$35.10/share***
Shares Offered: 133.33 million shares
Price Range: HK$30.70 - HK$35.10 ***Priced at HK$35.10/share***
Shares Offered: 133.33 million shares
See more details
Bridge Biotherapeutics (TRADING)
December 20, 2019
KOSDAQ
288330 KS
Price Range: KRW 70,000 - KRW 80,000 ***Priced at KRW 60,000/share***
Shares Offered: 70,000 shares
Price Range: KRW 70,000 - KRW 80,000 ***Priced at KRW 60,000/share***
Shares Offered: 70,000 shares
See more details
Uni-Charm Indonesia (TRADING)
December 20, 2019
Indonesia
UCID IJ
Price Range: IDR 1,400 - IDR 1,800/share ***Priced at IDR 1,500/share***
Shares Offered: 831.31 million shares
Price Range: IDR 1,400 - IDR 1,800/share ***Priced at IDR 1,500/share***
Shares Offered: 831.31 million shares
See more details
Kakuyasu (TRADING)
December 23, 2019
Tokyo
7686 JP
Price Range: JPY 1,5200 - JPY 1,600/share ***Priced at 1,600 yen/share***
Shares Offered: 2.04 million shares
Price Range: JPY 1,5200 - JPY 1,600/share ***Priced at 1,600 yen/share***
Shares Offered: 2.04 million shares
See more details
Bank of Guizhou (TRADING)
December 30, 2019
HKEX
6199 HK
Price Range: HK$2.46 - HK$2.61 ***Priced at HK$2.48/share***
Shares Offered: 2.2 billion
Price Range: HK$2.46 - HK$2.61 ***Priced at HK$2.48/share***
Shares Offered: 2.2 billion
See more details
Powerlong Commercial Management (TRADING)
December 30, 2019
HKEX
9909 HK
Price Range: HK$7.50 - HK$10.00/share ***Priced at HK$9.50/share***
Shares Offered: 150 million shares
Price Range: HK$7.50 - HK$10.00/share ***Priced at HK$9.50/share***
Shares Offered: 150 million shares
See more details
Molecular Data (TRADING)
December 30, 2019
NASDAQ CM
MKD US (ADS)
Price Range: $5.00 - $7.00 ***Priced at $5.38/share***
Shares Offered: 11.5 million shares
Price Range: $5.00 - $7.00 ***Priced at $5.38/share***
Shares Offered: 11.5 million shares
See more details
Newborn Town (TRADING)
December 31, 2019
HKEX
9911 HK
Price Range: HK$1.40 - HK$1.80/share ***Priced at HK$1.68/share***
Shares Offered: 136 million shares
Price Range: HK$1.40 - HK$1.80/share ***Priced at HK$1.68/share***
Shares Offered: 136 million shares
See more details
Taizhou Water Group (TRADING)
December 31, 2019
HKEX
1542 HK
Price Range: HK$4.21 - HK$5.01/share ***Priced at HK$4.22/share***
Shares Offered: 50 million shares
Price Range: HK$4.21 - HK$5.01/share ***Priced at HK$4.22/share***
Shares Offered: 50 million shares
See more details
China Petrochemical Development (TRADING)
January 13, 2020
Luxembourg
CPDC LX (GDR)
Priced at $7.18
Shares Offered: 18.0 million
Priced at $7.18
Shares Offered: 18.0 million
See more details
Forward Fashion International (TRADING)
January 13, 2020
HKEX
2528 HK
Price Range: HK$1.70 - HK$2.10/share ***Priced at $2.00/share***
Shares Offered: 100 million shares
Price Range: HK$1.70 - HK$2.10/share ***Priced at $2.00/share***
Shares Offered: 100 million shares
See more details
Beijing Enterprise Urban Resources Group (TRADING)
January 15, 2020
HKEX
3718 HK
Price Range: HK$0.69 - HK$0.80/share ***Priced at HK$0.69/share***
Shares Offered: 900 million shares
Price Range: HK$0.69 - HK$0.80/share ***Priced at HK$0.69/share***
Shares Offered: 900 million shares
See more details
Jiumaojiu International (TRADING)
January 15, 2020
HKEX
9922 HK
Price Range: HK$5.50 - HK$6.60/share ***Priced at HK$6.60/share***
Shares Offered: 333.4 million shares
Chinese restaurant chain well-known for pickled fish and Shan-xi style noodles.
Price Range: HK$5.50 - HK$6.60/share ***Priced at HK$6.60/share***
Shares Offered: 333.4 million shares
Chinese restaurant chain well-known for pickled fish and Shan-xi style noodles.
See more details
Huijing (TRADING)
January 16, 2020
HKEX
9968 HK
Price Range: HK$1.93 - HK$2.39/share ***Priced at HK$1.93/share***
Shares Offered: 788.1 million shares
Price Range: HK$1.93 - HK$2.39/share ***Priced at HK$1.93/share***
Shares Offered: 788.1 million shares
See more details
Shanghai Gench Education Group (TRADING)
January 16, 2020
HKEX
1525 HK
Price Range: HK$6.05 - HK$7.73/share ***Priced at HK$6.05/share***
Shares Offered: 100 million shares
Price Range: HK$6.05 - HK$7.73/share ***Priced at HK$6.05/share***
Shares Offered: 100 million shares
See more details
Bogota Financial (TRADING)
January 16, 2020
NASDAQ CM
BSBK US
Priced at $10.00/share
Shares Offered: 5,657,735 shares
Bogota is a savings bank operates mainly in northern and central New Jercy.
Priced at $10.00/share
Shares Offered: 5,657,735 shares
Bogota is a savings bank operates mainly in northern and central New Jercy.
See more details
Activation Group (TRADING)
January 16, 2020
HKEX
9919 HK
Price Range: HK$1.71 - HK$2.34/share ***Priced at HK$2.02/share***
Shares Offered: 200 million shares
Price Range: HK$1.71 - HK$2.34/share ***Priced at HK$2.02/share***
Shares Offered: 200 million shares
See more details
Lvji Technology (TRADING)
January 17, 2020
HKEX
1745 HK
Price Range: HK$1.50 - HK$2.12/share ***Priced at HK$2.12/share***
Shares Offered: 352.7 million shares
Price Range: HK$1.50 - HK$2.12/share ***Priced at HK$2.12/share***
Shares Offered: 352.7 million shares
See more details
Lizhi (TRADING)
January 17, 2020
NASDAQ GS
LIZI US (ADS)
Price Range: $11.00 - $13.00/share ***Priced at $11.00/share***
Shares Offered: 4.10 million shares
Lizhi operates a UGC (user-generated content) audio platform in China. The app offers podcasts, live streaming. audio books etc. The firm is valued at approximately $550 million.
Price Range: $11.00 - $13.00/share ***Priced at $11.00/share***
Shares Offered: 4.10 million shares
Lizhi operates a UGC (user-generated content) audio platform in China. The app offers podcasts, live streaming. audio books etc. The firm is valued at approximately $550 million.
See more details
I-Mab (TRADING)
January 17, 2020
NASDAQ GM
IMAB US (ADS)
Price Range: $12.00 - $15.00/share ***Priced at $14.00/share***
Shares Offered: 7,407,400 ADS (17,037,020 ordinary shares)
I-Mab is a clinical stage biopharmaceutical in China focusing on drugs for cancer and autoimmune diseases.
Price Range: $12.00 - $15.00/share ***Priced at $14.00/share***
Shares Offered: 7,407,400 ADS (17,037,020 ordinary shares)
I-Mab is a clinical stage biopharmaceutical in China focusing on drugs for cancer and autoimmune diseases.
See more details
Velocity Financial (TRADING)
January 17, 2020
NYSE
VEL US
Price Range: $14.00 - $16.00/share ***Priced at $13.00/share***
Shares Offered: 7,250,000 shares
Velocity Financial is a vertically integrated real estate finance company. The company originates and manages investor real estate loans to acquire/improve residential rental and small commercial properties.
Price Range: $14.00 - $16.00/share ***Priced at $13.00/share***
Shares Offered: 7,250,000 shares
Velocity Financial is a vertically integrated real estate finance company. The company originates and manages investor real estate loans to acquire/improve residential rental and small commercial properties.
See more details
Phoenix Tree (TRADING)
January 17, 2020
NYSE
DNK US (ADR)
Price Range: $14.50 - $16.50/share ***Priced at $13.50/share***
Shares Offered: 10,600,000 ADS ***Downsized to 9.6 million ADS***
Phoenix Tree (or Danke Apartment) is a Chinese co-living platform. The firm sources, renovates then leases apartments from individual property owners to long-term tenants. The residential rental company also lease entire buildings or floors as dormitory-style apartment. The firm is valued at over $3 billion if priced on high-end.
Price Range: $14.50 - $16.50/share ***Priced at $13.50/share***
Shares Offered: 10,600,000 ADS ***Downsized to 9.6 million ADS***
Phoenix Tree (or Danke Apartment) is a Chinese co-living platform. The firm sources, renovates then leases apartments from individual property owners to long-term tenants. The residential rental company also lease entire buildings or floors as dormitory-style apartment. The firm is valued at over $3 billion if priced on high-end.
See more details
Zhongguancun Science-Tech Leasing (TRADING)
January 21, 2020
HKEX
1601 HK
Price Range: HK$1.52 - HK$1.72/share ***Priced at HK$1.52/share***
Shares Offered: 333.33 million shares
Price Range: HK$1.52 - HK$1.72/share ***Priced at HK$1.52/share***
Shares Offered: 333.33 million shares
See more details
Black Diamond Therapeutics (TRADING)
January 30, 2020
NASDAQ GM
BDTX US
Price Range: $16.00 - $18.00/share ***Priced at $19.00/share***
Shares Offered: 8.90 million shares ***Upsized to 10,586,316 shares***
Black Diamond Therapeutics is a pre/early-stage clinical trial oncology company focused on targeted oncology therapies.
Price Range: $16.00 - $18.00/share ***Priced at $19.00/share***
Shares Offered: 8.90 million shares ***Upsized to 10,586,316 shares***
Black Diamond Therapeutics is a pre/early-stage clinical trial oncology company focused on targeted oncology therapies.
See more details
Reynolds Consumer Products (TRADING)
January 31, 2020
NASDAQ GM
REYN US
Price Range: $25.00 - $28.00/share ***Priced at $26.00/share***
Shares Offered: 47,170,000 shares
Reynolds is a consumer products company produces and sells cooking products, waste & storage products and tableware. The company is known for the Reynolds aluminum foil, hefty trash bags and other products. The current valuation gives the company a P/E ratio at ca. 15x - 17x and a market cap. over $5 billion.
See more details
Avadim Health (POSTPONED)
January 31, 2020
NASDAQ GM
AHI US
Price Range: $14.00 - $16.00/share
Shares Offered: 5 million shares
Avadim is a healthcare company that sells products (focus on topical immune health, neuro-muscular health and skin barrier health) to the institutional care and self-care market. The company has six marketed products range from reducing risks of UTIs to reducing muscle cramps.
Price Range: $14.00 - $16.00/share
Shares Offered: 5 million shares
Avadim is a healthcare company that sells products (focus on topical immune health, neuro-muscular health and skin barrier health) to the institutional care and self-care market. The company has six marketed products range from reducing risks of UTIs to reducing muscle cramps.
See more details
Arcutis Biotherapeutics (TRADING)
January 31, 2020
NASDAQ GS
ARQT US
PrIce Range: $15.00 - $17.00 ***Priced at $17.00/share***
Shares Offered: 7,812,500 shares
Arcutis is a late-stage biophamarceutical company focused on dermatological diseases. The lead product candidate is a topical cream in Phase 3 clinical trials for plaque psoriasis.
PrIce Range: $15.00 - $17.00 ***Priced at $17.00/share***
Shares Offered: 7,812,500 shares
Arcutis is a late-stage biophamarceutical company focused on dermatological diseases. The lead product candidate is a topical cream in Phase 3 clinical trials for plaque psoriasis.
See more details
1Life Healthcare (TRADING)
January 31, 2020
NASDAQ GS
ONEM US
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 17.5 million shares
1Life Healthcare (One medical) is a membership-based primary care platform providing digital health and inviting in-office care. The company generates revenue through membership subscription fees, partnership fixed PMPM payments under contracts with health networks, and reimbursement from insurer or patients. The company is backed by Carlyle. One Medical is valued at close to $2 billion.
Price Range: $14.00 - $16.00/share ***Priced at $14.00/share***
Shares Offered: 17.5 million shares
1Life Healthcare (One medical) is a membership-based primary care platform providing digital health and inviting in-office care. The company generates revenue through membership subscription fees, partnership fixed PMPM payments under contracts with health networks, and reimbursement from insurer or patients. The company is backed by Carlyle. One Medical is valued at close to $2 billion.
See more details
Mitre Realty (TRADING)
February 5, 2020
B3
MTRE3 BZ
Price Range: R$14.30 - R$19.30/share ***Priced at $19.30/share***
Shares Offered: 45.5 million shares
Mitre Realty is a Brazilian real estate developer.
Price Range: R$14.30 - R$19.30/share ***Priced at $19.30/share***
Shares Offered: 45.5 million shares
Mitre Realty is a Brazilian real estate developer.
See more details
Locaweb Servicos de Internet SA (TRADING)
February 6, 2020
B3
LWSA3 BZ
Price Range: R$14.25 - R$17.25/share ***Priced at R$17.25/share***
Shares Offered: 33.3m new shares + 26.6m secondary shares
Locaweb is a Brazilian web services provider. The company offers web hosting, domain registration and other website related services.
Price Range: R$14.25 - R$17.25/share ***Priced at R$17.25/share***
Shares Offered: 33.3m new shares + 26.6m secondary shares
Locaweb is a Brazilian web services provider. The company offers web hosting, domain registration and other website related services.
See more details
Beam Therapeutics (TRADING)
February 6, 2020
NASDAQ GM
BEAM US
Price Range: $15.00 - $17.00/share ***Priced at $17.00/share***
Shares Offered: 6,250,000 shares ***Upsized to 9.25 million shares***
Beam Therapeutics is a preclinical-stage biotechnology company focused on gene editing.
Price Range: $15.00 - $17.00/share ***Priced at $17.00/share***
Shares Offered: 6,250,000 shares ***Upsized to 9.25 million shares***
Beam Therapeutics is a preclinical-stage biotechnology company focused on gene editing.
See more details
Casper Sleep (TRADING)
February 6, 2020
NYSE
CSPR US
Price Range: $17.00 - $19.00/share
Amended Price Range: $12.00 - $13.00/share ***Priced at $12.00/share***
Shares Offered: 8,350,000 shares
Casper offers sleep-relate products and services. Casper is known for its mattress.
Price Range: $17.00 - $19.00/share
Amended Price Range: $12.00 - $13.00/share ***Priced at $12.00/share***
Shares Offered: 8,350,000 shares
Casper offers sleep-relate products and services. Casper is known for its mattress.
See more details
PPD Inc (TRADING)
February 6, 2020
NASDAQ GS
PPD US
Price Range: $24.00 - $27.00/share ***Priced at $27.00/share***
Shares Offered: 60.00 million shares
PPD, or Pharmaceutical Product Development, is a leading global CRO (contract research organization). The company provides drug development, laboratory and other related services for customers include pharmaceutical, biotechnology, medical device, academic and government organizations. The company was taken private by Carlyle Group and Hellman & Friedman for $3.9 billion ($33.25/share) in 2011. PPD is valued at $9.16 billion if priced on high-end.
See more details
Schrodinger (TRADING)
February 6, 2020
NASDAQ GM
SDGR US
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 10.0 million ***Upsized to 11,882,352 shares***
Schrodinger provides a software platform that enables drug discovery and development.
Price Range: $14.00 - $16.00/share ***Priced at $17.00/share***
Shares Offered: 10.0 million ***Upsized to 11,882,352 shares***
Schrodinger provides a software platform that enables drug discovery and development.
See more details
Professional Holding (UPLISTING)
February 7, 2020
NASDAQ GM
PFHD US
Price Range: $19.00 - $21.00/share ***Priced at $18.50/share***
Shares Offered: 3,100,000 shares
Professional Holding is a financial holding company operates primarily through a Florida state-chartered bank, Professional Bank.
Price Range: $19.00 - $21.00/share ***Priced at $18.50/share***
Shares Offered: 3,100,000 shares
Professional Holding is a financial holding company operates primarily through a Florida state-chartered bank, Professional Bank.
See more details
Calisen (TRADING)
February 7, 2020
London
CLSN LN
Price Range: GBP 2.35 - GBP 2.50/share ***Priced at GBP2.40/share***
Shares Offered: 139 million shares ***Downsized to 137 million shares***
Calisen is a KKR-backed smart-meter provider in UK.
Price Range: GBP 2.35 - GBP 2.50/share ***Priced at GBP2.40/share***
Shares Offered: 139 million shares ***Downsized to 137 million shares***
Calisen is a KKR-backed smart-meter provider in UK.
See more details
OneWater Marine (TRADING)
February 7, 2020
NASDAQ GM
ONEW US
Price Range: $12.00 - $14.00/share ***Priced at $12.00/share***
Shares Offered: 4,615,385 shares
OneWater Marine is a premium recreational boat retailer. The company sells new boats, pre-owned boats, parts and accessories, offers finance and insurance products, and provides repair and maintenance services. The company first announced launch of IPO in October 2019 but postponed the offer.
Price Range: $12.00 - $14.00/share ***Priced at $12.00/share***
Shares Offered: 4,615,385 shares
OneWater Marine is a premium recreational boat retailer. The company sells new boats, pre-owned boats, parts and accessories, offers finance and insurance products, and provides repair and maintenance services. The company first announced launch of IPO in October 2019 but postponed the offer.
See more details
Nexpoint Real Estate Finance (TRADING)
February 7, 2020
NYSE
NREF US
Price Range: $19.00 - $21.00/share ***Priced at $19.00/share***
Shares Offered: 5 million shares
Nexpoint is a commercial real estate finance company with the management team of NXRT.
Price Range: $19.00 - $21.00/share ***Priced at $19.00/share***
Shares Offered: 5 million shares
Nexpoint is a commercial real estate finance company with the management team of NXRT.
See more details
Huize (TRADING)
February 12, 2020
NASDAQ GM
HUIZ US (ADR)
Price Range: $9.40 - $11.40/share ***Priced at $10.50/share***
Shares Offered: 4.65 million American Depository Shares
***Amended Shares Offered: 5.25 million shares***
Huize is a Chinese online insurance product and service platform.
Price Range: $9.40 - $11.40/share ***Priced at $10.50/share***
Shares Offered: 4.65 million American Depository Shares
***Amended Shares Offered: 5.25 million shares***
Huize is a Chinese online insurance product and service platform.
See more details
REVOLUTION Medicines (TRADING)
February 13, 2020
NASDAQ GM
RVMD US
Price Range: $14.00 - $16.00/share
***Amended Price Range: $16.00 - $17.00/share*** Priced at $17.00/share
Shares Offered: 10 million shares
***Amended Shares Offered: 14 million shares***
Price Range: $14.00 - $16.00/share
***Amended Price Range: $16.00 - $17.00/share*** Priced at $17.00/share
Shares Offered: 10 million shares
***Amended Shares Offered: 14 million shares***
See more details
Musti Group (TRADING)
February 13, 2020
Helsinki
MUSTI FH
Price Range: EUR 5.65 - EUR 9.35/share
***Amended Price Range: EUR 8.00 - EUR 9.00/share*** Priced at EUR 8.75/share***
Shares Offered: 7.98 million new shares + 16.87 million from existing shareholders (EQT will sell some shares in the offering)
***Amended Shares Offered: 18.11 million shares***
Price Range: EUR 5.65 - EUR 9.35/share
***Amended Price Range: EUR 8.00 - EUR 9.00/share*** Priced at EUR 8.75/share***
Shares Offered: 7.98 million new shares + 16.87 million from existing shareholders (EQT will sell some shares in the offering)
***Amended Shares Offered: 18.11 million shares***
See more details
Moura Dubeux (TRADING)
February 13, 2020
B3 Day
MDNE3 BZ
Price Range: R$ 17.00 - R$ 21.00/share ***Priced at R$19.00/share***
Shares Offered: 51.15 million shares
Moura Dubeux is a Brazilian real estate developer. The expected start trading date was postponed by one day.
Price Range: R$ 17.00 - R$ 21.00/share ***Priced at R$19.00/share***
Shares Offered: 51.15 million shares
Moura Dubeux is a Brazilian real estate developer. The expected start trading date was postponed by one day.
See more details
Priner Servicos Industriais
February 17, 2020
B3 Day
PRNR3 BZ
Price Range: BRL 10.00 - BRL 13.00/share
Shares Offered: 23.48 million shares
Priner is a Brazilian industrial maintenance firm.
Price Range: BRL 10.00 - BRL 13.00/share
Shares Offered: 23.48 million shares
Priner is a Brazilian industrial maintenance firm.
See more details
BW Energy
February 19, 2020
Oslo
BWE NO
Price Range: NOK 34.20 - NOK 36.60/share ***Priced at NOK 24.40/share***
Share Offered: 46,849,342 shares ***Amended Shares Offered: 46,904,200 shares***
BW Energy is an E&P company targeting proven offshore oil and gas reservoirs. The company can be valued at ca. $700-750 million at current pricing range.
The offer was extended by a week due to difficulty/volatility during the bookbuilding period and the valuation is cut down to ca. $500 million.
Price Range: NOK 34.20 - NOK 36.60/share ***Priced at NOK 24.40/share***
Share Offered: 46,849,342 shares ***Amended Shares Offered: 46,904,200 shares***
BW Energy is an E&P company targeting proven offshore oil and gas reservoirs. The company can be valued at ca. $700-750 million at current pricing range.
The offer was extended by a week due to difficulty/volatility during the bookbuilding period and the valuation is cut down to ca. $500 million.
See more details
Train Alliance Sweden
February 20, 2020
FN Stockholm
TRAINB SS
Fixed Price: SEK 50.00/share
Shares Offered: 5 million shares
Train Alliance is a Swedish rail facilities company.
Fixed Price: SEK 50.00/share
Shares Offered: 5 million shares
Train Alliance is a Swedish rail facilities company.
See more details
Central Retail Corp
February 20, 2020
CRC TB
Price Range: 40.00 baht - 43.00 baht/share
Shares Offered: 1.62b new shares + up to 611.7m secondary shares (held by Hawthorn Resources)
Central Retail Corporation Plc (CRC) is Thailand's largest retailer and the retail arm of Central Group owned by the Chirathivat family. This would be Thai's largest IPO in history.
Price Range: 40.00 baht - 43.00 baht/share
Shares Offered: 1.62b new shares + up to 611.7m secondary shares (held by Hawthorn Resources)
Central Retail Corporation Plc (CRC) is Thailand's largest retailer and the retail arm of Central Group owned by the Chirathivat family. This would be Thai's largest IPO in history.
See more details
Airtel Malawi
February 24, 2020
Malawi SE
Priced at MK12.69/share
Shares Offered: 2.20 billion shares (~20% of shares outstanding)
Airtel Malawi is a unit of Airtel Africa, a subsidiary of India's Bharti Airtel.
See more details
Inspecs Group
February 27, 2020
London
SPEC LN
Priced at GBP 1.95/share
Shares Offered: 48 million
Inspecs is a British eyewear company that designs, produces, distributes, and sells eyewear and accessories.
Priced at GBP 1.95/share
Shares Offered: 48 million
Inspecs is a British eyewear company that designs, produces, distributes, and sells eyewear and accessories.
See more details
Disclaimer:
The IPOX Deal Calendar may not provide a complete list of all global initial public offerings (IPOs). Deals presented are subject to minimum market capitalization requirement and minimum deal size requirement. Companies pursing an IPO on Over-The-Counter (OTC) markets, best efforts offerings, closed-end fund (CEF), special purpose acquisition companies (SPAC), mainland China stock (A share) and Indian stocks are not included. Please refer to the Legal Disclaimer.
