IPO Boutique Research, Color & More Information for Subscribers
Company: National Vision Holdings, Inc. Symbol: EYE Description: They are one of the largest and fastest growing optical retailers in the United States and a leader in the attractive value segment of the U.S. optical retail industry. Shares: 15.8 million Price Range: $18.00-$20.00 Trade Date: 10/26 Underwriter(s): BofA Merrill Lynch, Goldman Sachs & Co., Citigroup,[…]
Company: Forescout Technologies, Inc. Symbol: FSCT Description: They have pioneered an agentless approach to network security to protect organizations against the emerging threats that exploit the billions of devices connected to organizations’ networks. Shares: 4.8 million Range: $20.00-$22.00 Trade Date: 10/27 Underwriter(s): Morgan Stanley, J.P. Morgan, Citigroup Co-Manager(s): BofA Merrill Lynch, UBS Investment Bank, KeyBanc[…]
Company: Merchants Bancorp Symbol: MBIN Description: They are a diversified bank holding company headquartered in Carmel, Indiana and registered under the Bank Holding Company Act of 1956, as amended. Shares: 5.55 million Price Range: $17.00-$19.00 Trade Date: 10/27 Underwriter(s): Sandler O’Neill + Partners, Stephens Inc., Raymond James Co-Manager: SunTrust Robinson Link to S-1/A Prospectus Link[…]
Company: Nexa Resources Symbol: NEXA Description: They are age-scale, low-cost integrated zinc producer with over 60 years of experience developing and operating mining assets in Latin America. Shares: 31 million Price Range: $18.00-$21.00 Trade Date: 10/27 Underwriter(s): JP Morgan, BMO Capital Markets, Morgan Stanley, Credit Suisse, BofA Merrill Lynch, Citigroup, Scotiabank, Bradesco BBI, Credicorp Capital[…]
Company: BP Midstream Partners LP Symbol: BPMP Description: They are a fee-based, growth-oriented master limited partnership recently formed by BP Pipelines, an indirect wholly owned subsidiary of BP, to own, operate, develop and acquire pipelines and other midstream assets. Shares: 42.5 million Price Range: $19.00-$21.00 Trade Date: 10/26 Underwriter(s): Citigroup, Goldman Sachs & Co., Morgan[…]
Company: Ablynx NV Symbol: ABLX Description: They are a late-stage clinical biopharmaceutical company utilizing our proprietary Nanobody platform to develop treatments for a broad range of therapeutic indications with an unmet medical need. Shares: 9.17 million Price Range: $19.08-$19.08 Trade Date: 10/25 Underwriter(s): BofA Merrill Lynch, J.P. Morgan, Jefferies Co-Manager(s): Baird, Bryan Garnier & Co.,[…]
IPO Boutique keeps apprised of the active pipeline. Currently there are 78 active IPOs in the pipeline as of October 20, 2017. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why “looks may be perceiving” when it comes to the IPO pipeline in this article. NEW FILINGS Company: Apellis[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]
You can Subscribe to IPO Boutique’s Secondary Only Service by clicking here: This past week 10 secondary offerings came to market and IPO Boutique placed BUY ratings on 7 of them. In all, $2.01bn was raised by companies in the secondary market this week. The average gain of IPO Boutique BUY rated offerings this week[…]
It was another extremely positive week for the IPO market as the four deals that came to market opened 41.7% higher on average. These outsized gains, especially for the companies that fall in a business category that would not be as ‘hot’, indicate to us that the IPO market is teetering on “frothy”. It is[…]
Company: RISE Education Cayman Ltd. Symbol: REDU Description: They operate in Chinas junior English Language Training, or ELT, market, which refers to after-school English teaching and tutoring services provided by training institutions to students aged three to 18. Shares: 11 million ADSs Price Range: $12.00-$14.00 Trade Date: 10/20 Underwriter(s): Morgan Stanley, Credit Suisse, UBS Co-Manager(s):[…]
Company: Sea Limited Symbol: SE Description: They have developed an integrated platform consisting of digital entertainment (focused on online games), e-commerce, and digital financial services (focused on e-wallet services), each localized to meet the unique characteristics of GSEA. We define GSEA as the combined region of Indonesia, Taiwan, Vietnam, Thailand, the Philippines, Malaysia and Singapore.[…]
Company: MongoDB, Inc. Symbol: MDB Description: MongoDB is the leading modern, general purpose database platform. Our platform unleashes the power of software and data for developers and the applications they build. Shares: 8 million Price Range: $18.00-$20.00 Trade Date: 10/19 Underwriter(s): Morgan Stanley, Goldman Sachs & Co., Barclays, Allen & Company LLC Co-Manager(s): Stifel, Canaccord[…]
Company: LiveXLive Media, Inc. Symbol: LIVX Description: They are one of the world’s only premium internet networks devoted to live music and music-related video content. Shares: 7.69 million Price Range: $12.00-$14.00 Trade Date: 10/19 Underwriter(s): BMO Capital Markets Co-Manager(s): JMP Securities, Craig Hallum Group Terms Added: 10-6-17 Link to S-1/A Prospectus Update: Motif is now[…]
Company: Qudian Inc. Symbol: QD Description: They are a provider of online credit products, we use big data-enabled technologies, such as artificial intelligence and machine learning, to transform the consumer finance experience in China. Shares: 37.5 million ADSs Price Range: $19.00-$22.00 Trade Date: 10/18 Underwriter(s): Morgan Stanley, Credit Suisse, Citigroup, CICC, UBS Investment Bank Co-Manager(s):[…]
IPO Boutique keeps apprised of the active pipeline. Currently there are 78 active IPOs in the pipeline as of October 13, 2017. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why “looks may be perceiving” when it comes to the IPO pipeline in this article. NEW FILINGS Company: Funko,[…]
IPO BOUTIQUE CLIENTS and IPO BOUTIQUE SECONDARY ALERTS CLIENTS received ALL this information to their inbox on a REAL TIME basis. If having real-time alerts for secondary offerings would be an advantage to you, inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis.[…]