IPO Pipeline Update: Two energy service companies highlight new filings

IPO Boutique keeps apprised of the active pipeline. Currently there are 51 active IPOs in the pipeline as of August 11, 2017. No SPACs or Unit Offerings are included.

Screen Shot 2017-08-11 at 8.43.25 AM

New Filings & Updated Terms (Week ending 8.11.17)

NEW FILINGS

Company:       ReTo Eco-Solutions, Inc.
Symbol:           RETO
Price:               $4.50-$5.50
Description:     They are a manufacturer and distributor of eco-friendly construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings) and fly-ash, as well as equipment used for the production of these eco-friendly construction materials.
Trade Date:     TBD
Shares:            2.8 million
Underwriter(s):  Viewtrade Securities
Filed with Terms: 8-4-17

Company:       Prolung, Inc.
Symbol:           LUNG
Description:    They are a medical technology company specializing in predictive analytic, early stage lung cancer risk testing, which we refer to as the “ProLung Test.”
Trade Date:     TBD
Underwriter(s):  Maxim Group
Filed: 8-4-17
Listed Cash Raise: $8.05 million

Company:       Quintana Energy Services Inc.
Symbol:           QES
Description:    They are a growth-oriented provider of diversified oilfield services to leading onshore oil and natural gas exploration and production (E&P) companies operating in both conventional and unconventional plays in all of the active major basins throughout the U.S. The following business segments comprise our primary services: (1) directional drilling services, (2) pressure pumping services, (3) pressure control services and (4) wireline services.
Trade Date:     TBD
Underwriter(s):  BofA Merrill Lynch, Simmons & Company International
Co-Manager(s): Citigroup, Barclays, Tudor Pickering Holt & Co., Evercore ISI, Stephens Inc.
Filed: 8-9-17
Listed Cash Raise: $100 million

Company:       Preferred Sands, Inc.
Symbol:           PSND
Description:    They provide sand-based proppant solutions to the oil and gas industry through our ownership and operation of a portfolio of geographically diversified mines and processing and coating plants.
Trade Date:     TBD
Underwriter(s):  Credit Suisse, KKR, Morgan Stanley
Filed: 8-10-17
Listed Cash Raise: $100 million

Company:       TDH Holdings, Inc.
Symbol:           PETZ
Description:    They started their company in 2002 in Qingdao, Shandong Province, PRC with a single mission of becoming a premier producer of high quality pet food for pet owners in China and worldwide.
Shares:             1.325 million
Price Range:   $4.00-$4.50
Trade Date:     TBD
Underwriter(s):  Viewtrade Securities
Filed: 8-11-17
Listed Cash Raise: $6.8 million

UPDATED TERMS

None to Report

IPO Pipeline Update: Two energy service companies highlight new filings
Scroll to top
error: Content is protected !!