Pipeline Updated: 18 Companies set terms for IPO next week

Below is a list of companies that have newly filed for their IPOs or Updated Terms for an upcoming deal.

NEW FILINGS

Company: Finwise Bancorp
Symbol: FINW (Nasdaq)
Description: They are a bank holding company headquartered in Murray, Utah.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Piper Sandler, UBS Investment Bank
Co-manager(s): Stephens Inc
Link to Prospectus: Filed: 7-15-21
Listed Cash Raise: $50 million

Company: Southern States Bancshares, Inc.
Symbol: SSBK (Nasdaq)
Description: They are a bank holding company headquartered in Anniston, Alabama.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Keefe Bruyette & Woods, Truist Securities
Link to Prospectus: Filed: 7-15-21
Listed Cash Raise: $35 million

Company: European Wax Center, Inc.
Symbol: EWCZ (Nasdaq)
Description: They revolutionized the market for out-of-home (“OOH”) hair removal services by creating the first professionalized model exclusively focused on providing high-quality waxing experiences for guests.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Morgan Stanley, BofA Securities, Jefferies, Citigroup, Guggenheim, Truist Securities
Link to Prospectus: Filed: 7-13-21

Company: Cadre Holdings, Inc.
Symbol: CDRE (NYSE)
Description: They have been a global leader in the manufacturing and distribution of safety and survivability equipment for first responders.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Stifel, Raymond James, Truist Securities
Co-Manager(s): Stephens, Roth, PNC Capital, Regions Securities
Link to Prospectus: Terms Added: 7-12-21
Listed Cash Raise: $143.75m

Company: Knowlton Development Corporation, Inc.
Symbol: KDC (NYSE)
Description: They are a trusted global provider of value-added solutions to many of the world’s leading brands in the beauty, personal care and home care categories.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Goldman Sachs, JP Morgan, UBS, BMO Capital, BofA Securities, Guggenheim, Jefferies, Morgan Stanley, RBC Capital
Link to Prospectus: Terms Added: 7-12-21

Company: Weber Inc.
Symbol: WEBR (NYSE)
Description: They are a trusted global provider of value-added solutions to many of the world’s leading brands in the beauty, personal care and home care categories.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Goldman Sachs, BofA Securities, JP Morgan, BMO Capital, Citigroup, UBS, Wells Fargo, Keybanc Capital
Link to Prospectus: Filed: 7-12-21
Listed Cash Raise: $100m

Company: Tenaya Therapeutics Inc.
Symbol: TNYA (Nasdaq)
Description: They are a biotechnology company committed to a bold mission: to discover, develop and deliver curative therapies that address the underlying drivers of heart disease.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Morgan Stanley, Cowen, Piper Sandler
Co-Managers : Chardan
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: MaxCyte Inc.
Symbol: MXCT (Nasdaq)
Description: They are a leading commercial cell engineering company focused on providing enabling platform technologies to advance innovative cell-based research as well as next-generation cell therapeutic discovery, development and commercialization.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Cowen, Stifel, William Blair
Co-Managers : BTIG, Stephens
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: Rani Therapeutics Inc.
Symbol: RANI (Nasdaq)
Description: They are a clinical stage biotherapeutics company advancing technologies to enable the development of orally administered biologics, which we believe will have the potential to transform medicine and improve patient outcomes
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: BofA Securities, Stifel, Cantor, Canaccord Genuity
Co-Managers : BTIG
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: Nalu Medical, Inc.
Symbol: NALU (Nasdaq)
Description: They are a medical technology company focused on developing and commercializing innovative and minimally invasive solutions for patients with chronic neuropathic pain.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: JP Morgan, BofA Securities, William Blair​
Co-Managers BTIG, JMP Securities
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: Omega Therapeutics Inc.
Symbol: OMGA (Nasdaq)
Description: Their goal is to pioneer a new class of DNA-sequence-targeting, mRNA-encoded therapeutics to fundamentally transform human medicine in the service of patients. Our pioneering OMEGA Epigenomic Programming platform is designed to coopt nature’s universal operating system by harnessing the power of epigenetics, the mechanism for gene control and cell differentiation.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Goldman Sachs, Jefferies, Piper Sandler
Co-Managers : Wedbush PacGrow
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: Immuneering Corporation
Symbol: IMRX (Nasdaq)
Description: They are a biopharmaceutical company with an emerging pipeline focused on improving patient outcomes across a spectrum of debilitating oncologic and neurologic diseases by applying our deep knowledge of translational bioinformatics to every stage of the drug development process.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Morgan Stanley, Jefferies, Cowen, Guggenheim Securities
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

Company: RxSight, Inc.
Symbol: RXST (Nasdaq)
Description: They are a commercial-stage medical technology company dedicated to improving the vision of patients following cataract surgery.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: JP Morgan, BofA Securities, SVB Leerink, Wells Fargo Securities, BTIG
Link to Prospectus: Filed: 7-9-21
Listed Cash Raise: $100m

UPDATED TERMS

Company: Xponential Fitness, Inc.
Symbol: XPOF (NYSE)
Description: Xponential Fitness is a curator of leading boutique fitness brands across multiple verticals.
Shares: 13.33 million
Price Range: $14.00-$16.00
Market Cap: TBD
Trade Date: TBD
Underwriters: BofA Securities, Jefferies, Morgan Stanley
Co-Manager(s): Guggenheim Securities, Citigroup, Piper Sandler, Baird, Raymond James
Link to Prospectus: Terms Added: 7-16-21
Note: Fund managed by Redwood Capital to purchase $200m in a Convertible Preferred Private Placement

Company: Candel Therapeutics, Inc.
Symbol: CADL (NASDAQ)
Description: They are a late clinical stage biopharmaceutical company focused on helping patients fight cancer with oncolytic viral immunotherapies.
Shares: 6.072 million
Price Range: $13.00-$15.00
Market Cap: $323m-$372m
Trade Date: TBD
Underwriters: Jefferies, Credit Suisse, BMO Capital Markets, UBS Investment Bank
Link to Prospectus: Terms Added: 7-16-21

Company: Rox Financial LP
Symbol: AMZL (NYSE ARCA)
Description: ROX LP is a Delaware series limited partnership formed to facilitate public investment in curated portfolios of commercial real estate properties and individual properties.
Shares: 8.25 million
Price Range: $10.00-$10.00
Market Cap: $89.5m-$89.5m
Trade Date: Week of July 19
Underwriters: UBS Investment Bank
Link to Prospectus: Terms Added: 7-12-21

Company: Absci Corporation
Symbol: ABSI (Nasdaq)
Description: They enable the creation of novel biologics by unifying biologic drug discovery and cell line development into one simultaneous process.
Shares: 12.5 million
Price Range: $15.00-$17.00
Market Cap: $1.4b-$1.55b
Trade Date: Thursday, 7/22
Underwriters: J.P. Morgan, Credit Suisse, BofA Securities, Cowen, Stifel
Link to Prospectus: Terms Added: 7-15-21

Company: Ocean Biomedical Inc.
Symbol: OCEA (Nasdaq)
Description: They are a biopharmaceutical company that seeks to bridge the “bench-to-bedside” gap between medical research discoveries and patient solutions.
Shares: 3.22 million
Price Range: $14.00-$17.00
Market Cap: $457m-$554m
Trade Date: Friday, 7/23
Underwriters: Berenberg, Oppenheimer & Co.
Co Manger: LifeSci Capital, Ladenburg Thalmann, Brookline Capital Markets, Roth Capital
Link to Prospectus: Terms Added: 7-14-21

Company: Outbrain, Inc.
Symbol: OB (Nasdaq)
Description: Outbrain is a leading recommendation platform powering the open web. Founded in 2006, they pioneered the online content recommendation category.
Shares: 8 million
Price Range: $24.00-$26.00
Market Cap: $1.3b-$1.4b
Trade Date: Friday, 7/23
Underwriters: Citigroup, Jefferies, Barclays, Evercore
Co-Manager(s): JMP Securities, Needham, LUMA Securities
Link to Prospectus: Terms Added:7-14-21

Company: Core & Main, Inc.
Symbol: CNM (NYSE)
Description: They are a leading specialized distributor of water, wastewater, storm drainage and fire protection products, and related services, to municipalities, private water companies and professional contractors across municipal, non-residential and residential end markets nationwide.
Shares: 34.9 million
Price Range: $20.00-$23.00
Market Cap: $6.5b-$7.5b
Trade Date: Friday, 7/23
Underwriter(s): Goldman Sachs, Credit Suisse, JP Morgan, BofA Securities, Baird, Citigroup, RBC Capital, Barclays, Deutsche Bank
Co Managers: Truist Securities, Nomura, Natixis, Drexel Hamilton, R. Seelaus & Co., Ramirez & Co., Siebert Williams Shank
Link to Prospectus: Terms Added: 7-13-21

Company: Zenvia Inc.
Symbol: ZENV
Description: They empower companies to transform their existing customer communications from non-scalable, physical and impersonal interactions into highly scalable, digital first and hyper contextualized customer journey experiences.
Shares: 11.5 million
Price Range: $13.00-$15.00
Market Cap: $507m-$585m
Trade Date: Thursday, 7/22
Underwriter(s): Goldman Sachs, Morgan Stanley, Itau BBA, UBS Investment Bank, Bradesco BBI, XP Investimentos
Link to Prospectus: Terms Added: 7-13-21
IPO Postponed in May 2021

Company: Instructure Holdings Inc.
Symbol: INST (NYSE)
Description: Their learning platform delivers the elements that leaders, teachers, and learners need – a next-generation LMS, robust assessments for learning, actionable analytics, and engaging, dynamic content.
Shares: 12.5 million
Price Range: $19.00-$21.00
Market Cap: $2.65b-$2.9b
Trade Date: Thursday, 7/22
Underwriters: Morgan Stanley, JP Morgan, Citigroup,
Co-Manager(s): Jefferies, Macquarie Capital, Baird, BTIG, Raymond James, Truist Securities, William Blair
Link to Prospectus: Terms Added: 7-13-21

Company: Elicio Therapeutics, Inc.
Symbol: ELTX (NASDAQ)
Description: They are a clinical-stage biotechnology company developing a pipeline of novel immunotherapies for the treatment of cancer and other diseases.
Shares: 3.1 million
Price Range: $12.00-$14.00
Market Cap: $167m-$195m
Trade Date: Thursday, 7/22
Underwriters: BTIG, Oppenheimer
Co-Manager(s): National Securities
Link to Prospectus: Terms Added: 7-13-21

Company: Ryan Specialty Group Holdings, Inc.
Symbol: RYAN (NYSE)
Description: They are a rapidly growing service provider of specialty products and solutions for insurance brokers, agents and carriers.
Shares: 56.9 million
Price Range: $22.00-$25.00
Market Cap: $5.6b-$6.4b
Trade Date: Thursday, 7/22
Underwriters: J.P. Morgan, Barclays, Goldman Sachs, Wells Fargo Securities, UBS Investment Bank, William Blair, RBC Capital Markets, BMO Capital Markets, Keefe, Bruyette & Woods
Co-Managers: Dowling & Partners Securities, Nomura, Capital One Securities, CIBC Capital Markets, Loop Capital Markets, PNC Capital Markets, Ramirez & Co. Siebert Williams Shank
Link to Prospectus: Terms Added: 7-12-21

Company: Gambling.com Group Limited
Symbol: GAMB (NASDAQ)
Description: They are a multi-award-winning performance marketing company and a leading provider of digital marketing services active exclusively in the online gambling industry based on December 31, 2020 revenue.
Shares: 7.5 million
Price Range: $11.00-$13.00
Market Cap: $372m-$440m
Trade Date: Wednesday, 7/21
Underwriters: Jefferies
Co-Manager(s): Stifel, Truist
Link to Prospectus: Terms Added: 7-12-21

Company: VTEX
Symbol: VTEX (NYSE)
Description: VTEX provides a software-as-a-service digital commerce platform for enterprise brands and retailers.
Shares: 19 million
Price Range: $15.00-$17.00
Market Cap: $2.8b-$3.2b
Trade Date: Wednesday, 7/21
Underwriters: J.P. Morgan, Goldman Sachs, BofA Securities, KeyBanc Capital Markets, Morgan Stanley, Itaú BBA
Link to Prospectus: Terms Added: 7-12-21

Company: CS Disco, Inc.
Symbol: LAW
Description: DISCO provides a cloud-native, artificial intelligence-powered legal solution that simplifies ediscovery, legal document review and case management for enterprises, law firms, legal services providers and governments.
Shares: 7 million
Price Range: $26.00-$29.00
Market Cap: $1.5b-$1.65b
Trade Date: Wednesday, 7/21
Underwriters: JP Morgan, BofA Securities, Citigroup, Jefferies
Co-Manager(s): Canaccord Genuity, Cowen, Needham, Stifel, Loop Capital
Link to Prospectus: Terms Added: 7-12-21

Company: Couchbase, Inc.
Symbol: BASE (Nasdaq)
Description: They provide a leading modern database for enterprise applications.
Shares: 7 million
Price Range: $20.00-$23.00
Market Cap; $801m-$921m
Trade Date: Thursday, 7/22
Underwriters: Morgan Stanley, Goldman Sachs, Barclays, RBC Capital Markets
Co-Manager(s): William Blair, Stifel, Baird, Oppenheimer & Co
Link to Prospectus: Terms Added: 7-12-21

Company: Paycor HCM, Inc
Symbol: PYCR
Description: Paycor is a leading Software-as-a-Service provider of human capital management solutions for small and medium-sized businesses.
Shares: 18.5 million
Price Range: $18.00-$21.00
Market Cap: $3.1b-$3.6b
Trade Date: Wednesday, 7/21
Underwriter(s): Goldman Sachs, JP Morgan, Jefferies, Credit Suisse, Deutsche Bank
Co-Manager(s): Baird, Cowen, JMP Securities, Needham, Raymond James, Stifel, Truist Securities, Fifth Third Securities, Roberts & Ryan
Link to Prospectus: Terms Added: 7-12-21

Company: Kaltura Inc.
Symbol: KLTR
Description: Kaltura mission is to power any video experience, for any organization.
Shares: 15 million
Price Range: $9.00-$11.00
Market Cap: $1.15b-$1.4b
Trade Date: Wednesday, 7/21
Underwriter(s): Goldman Sachs, BofA Securities, Wells Fargo, Deutsche Bank
Co-Manager: Canaccord Genuity, JMP Securities, KeyBanc, Needham & Company, Oppenheimer & Co.
Link to Prospectus: Terms Added: 7-12-21
Note: Postponed in March 2021

Company: Zevia PBC, Inc.
Symbol: ZVIA (NYSE)
Description: They are a high-growth beverage company that is disrupting the liquid refreshment beverage industry through delicious and refreshing, zero calorie, zero sugar, naturally sweetened beverages that are all Non-GMO Project Verified.
Shares: 14.3 million
Price Range: $13.00-$15.00
Market Cap: $839m-$969m
Trade Date: Thursday, 7/22
Underwriters: Goldman Sachs, BofA Securities, Morgan Stanley
Co-Manager(s): Stephens, BMO, Wells Fargo, Telsey Advisory Group, Loop Capital Markets, Academy Securities, AmeriVet Securities, Ramirez & Co. Inc.
Link to Prospectus: Terms Added: 7-12-21

Pipeline Updated: 18 Companies set terms for IPO next week
Scroll to top
error: Content is protected !!