New Filings & Updated Terms (Week Ending 10.27.17)


IPO Boutique keeps apprised of the active pipeline. Currently there are 81 active IPOs in the pipeline as of October 27, 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.

Pipeline10.27.17

NEW FILINGS

Company: iClick Interactive Asia Group Limited
Symbol: ICLK
Description: They were the largest independent online marketing technology platform in China in terms of gross billing in 2016 according to Frost & Sullivan.
Trade Date: TBD
Underwriter(s): Credit Suisse, Nomura
Filed 10-20-17
Listed Cash Raise: $100 million

Company: SailPoint Technologies Holdings, Inc.
Symbol: SAIL
Description: SailPoint is the leading provider of enterprise identity governance solutions.
Trade Date: TBD
Underwriter(s): Morgan Stanley, Citigroup, Jefferies, RBC Capital Markets
Co-Manager(s): KeyBanc Capital, Canaccord Genuity, Oppenheimer & Co.
Filed 10-20-17
Listed Cash Raise: $100 million

Company: Arsanis, Inc.
Symbol: ASNS
Description: They are a clinical-stage biopharmaceutical company focused on applying monoclonal antibody immunotherapies to address serious infectious diseases.
Trade Date: TBD
Underwriter(s): Citigroup, Cowen, Piper Jaffray
Filed 10-20-17
Listed Cash Raise: $57.5 million

Company: Jianpu Technology Inc.
Symbol: TBD
Description: They are the leading independent open platform for discovery and recommendation of financial products in China, whether measured by the number of loan applications or by the number of credit card applications over the period from 2012 to 2016, according to a report that we commissioned from iResearch, which we refer to as the iResearch Report.
Trade Date: TBD
Underwriter(s): Goldman Sachs (Asia), Morgan Stanley, J.P. Morgan
Co-Manager(s): China Renaissance
Filed 10-20-17
Listed Cash Raise: $200 million

Company: Bluegreen Vacations Corporation
Symbol: BXG
Description: They are a leading vacation ownership company that markets and sells vacation ownership interests and manages resorts in top leisure and urban destinations.
Trade Date: TBD
Underwriter(s): Stifel, Credit Suisse
Co-Manager(s): BofA Merrill Lynch, SunTrust Robinson Humphrey
Filed 10-23-17
Listed Cash Raise: $100 million

Company: scPharmaceuticals, Inc.
Symbol: SCPH
Description: They are a pharmaceutical company focused on developing and commercializing products that have the potential to transform the way therapy is delivered, advance patient care and reduce healthcare costs.
Trade Date: TBD
Underwriter(s): Jefferies, Leerink, BMO Capital Markets
Filed 10-23-17
Listed Cash Raise: $100 million

Company: Newmark Group, Inc.
Symbol: NMRK
Description: Newmark is a rapidly growing, high margin, full-service commercial real estate services business that offers a full suite of services and products for both owners and occupiers across the entire commercial real estate industry.
Trade Date: TBD
Underwriter(s): Goldman Sachs & Co., BofA Merrill Lynch, Citigroup, Cantor Fitzgerald
Filed 10-23-17
Listed Cash Raise: $100 million

Company: CURO Group Holdings Corp.
Symbol: CURO
Description: They are a growth-oriented, technology-enabled, highly-diversified consumer finance company serving a wide range of underbanked consumers in the United States, Canada and the United Kingdom and are a market leader in our industry based on revenues.
Trade Date: TBD
Underwriter(s): Credit Suisse, Jefferies, Stephens Inc.
Co-Manager(s): William Blair, Janney Montgomery Scott
Filed 10-24-17
Listed Cash Raise: $100 million

Company: Insurance Income Strategies Ltd.
Symbol: ILS
Description: They are a newly incorporated Bermuda holding company seeking to offer collateralized reinsurance in the property catastrophe market.
Trade Date: TBD
Underwriter(s): Joseph Gunnar & Co.
Filed 10-24-17
Listed Cash Raise: $57.5 million

Terms Added:

Company: Aquantia Corp.
Symbol: AQ
Description: They are a leader in the design, development and marketing of advanced high-speed communications integrated circuits, or ICs, for Ethernet connectivity in the data center, enterprise infrastructure and access markets.
Shares: 6.8 million
Price Range: $10.00-$12.00
Trade Date: 11/3
Underwriter(s): Morgan Stanley, Barclays, Deutsche Bank Securities
Co-Manager(s): Needham & Co., Raymond James
Terms Added: 10-23-17

Company: Funko, Inc
Symbol: FNKO
Description: They are a leading pop culture consumer products company.
Shares: 13.3 million
Price Range: $14.00-$16.00
Trade Date: 11/2
Underwriter(s): Goldman Sachs & Co., J.P. Morgan, BofA Merrill Lynch
Co-Manager(s): Piper Jaffray, Jefferies, Stifel, BMO Capital Markets, SunTrust Robinson Humphrey
Terms Added: 10-23-17

Company: Allena Pharmaceuticals, Inc.
Symbol: ALNA
Description: They are a late-stage clinical biopharmaceutical company dedicated to developing and commercializing first-in-class, oral enzyme therapeutics to treat patients with rare and severe metabolic and kidney disorders.
Shares: 5.3 million
Price Range: $14.00-$16.00
Trade Date: 11/2
Underwriter(s): Credit Suisse, Jefferies, Cowen & Company
Co-Manager(s): Wedbush PacGrow
Terms Added: 10-23-17

Company: Spero Therapeutics, Inc.
Symbol: SPRO
Description: They are a multi-asset, clinical-stage biopharmaceutical company focused on identifying, developing and commercializing novel treatments for multi-drug resistant bacterial infections.
Shares: 5 million
Price Range: $14.00-$16.00
Trade Date: 11/2
Underwriter(s): BofA Merrill Lynch, Cowen & Company, Stifel
Co-Manager(s): Oppenheimer & Co.
Terms Added: 10-23-17

New Filings & Updated Terms (Week Ending 10.27.17)
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