{"id":13670,"date":"2020-07-10T20:15:05","date_gmt":"2020-07-11T00:15:05","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=13670"},"modified":"2020-07-10T20:17:12","modified_gmt":"2020-07-11T00:17:12","slug":"07-06-20-07-10-20-ipo-summary","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/07-06-20-07-10-20-ipo-summary\/","title":{"rendered":"07.06.20-07.10.20 IPO Summary: NKarta Inc with a MOONSHOT (FREE)"},"content":{"rendered":"<p><!--more--><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-13673\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2.jpg\" alt=\"\" width=\"1754\" height=\"184\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2.jpg 1754w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2-600x63.jpg 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2-300x31.jpg 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2-1024x107.jpg 1024w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2-768x81.jpg 768w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Capture-2-1536x161.jpg 1536w\" sizes=\"(max-width: 1754px) 100vw, 1754px\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">This week<\/span><b> five IPOs debuted\u00a0<\/b>but none better than <strong>Nkarta Inc<\/strong>.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.52.07-AM.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-13568\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.52.07-AM.png\" alt=\"\" width=\"283\" height=\"130\" \/><\/a><\/p>\n<p><span style=\"font-weight: 400;\">The week will be remembered for the record setting opening print of <\/span><b>Nkarta, Inc (NKTX). <\/b><span style=\"font-weight: 400;\">They priced<\/span><b> 14.0mm shares<\/b><span style=\"font-weight: 400;\"> (upsized from 13.0mm) <\/span><b>at $18.00<\/b><span style=\"font-weight: 400;\"> ($1.00 above the upwardly-revised range) and <\/span><b>opened at $54.75 for a gain of 204.2% at first trade.\u00a0<\/b>The shares <strong>finished at $47.90<\/strong> for a 166.1% gain which marked the best one-day gain ahead of <strong>Agora Inc (API)<\/strong> and <strong>Lemonade (LMND)<\/strong> &#8212; each of those popped 153% and 139%, respectively. The 166% gain by NKTX was also ahead of\u00a0<strong>Beyond Meat&#8217;s (BYND)\u00a0<\/strong>163% first day performance in 2019.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-11.11.30-AM.png\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-13575\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-11.11.30-AM-300x71.png\" alt=\"\" width=\"300\" height=\"71\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-11.11.30-AM-300x71.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-11.11.30-AM.png 477w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><b>Poseida Therapeutics (PSTX) &#8212;\u00a0 <\/b><span style=\"font-weight: 400;\">\u00a0They <\/span><b>priced 14.0mm shares<\/b><span style=\"font-weight: 400;\"> at <\/span><b>$16.00<\/b><span style=\"font-weight: 400;\"> and <\/span><b>opened at $17.00<\/b> <b>for a gain of 6.3% at first trade.\u00a0<\/b>PSTX struggled in its first day performance and closed the day below issue at $15.35.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-2.38.39-PM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13584\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-2.38.39-PM.png\" alt=\"\" width=\"174\" height=\"72\" \/><\/a><\/p>\n<p><b>Inventiva S.A. (IVA) &#8212; <\/b><span style=\"font-weight: 400;\">They<\/span> <span style=\"font-weight: 400;\">priced <\/span><b>7.5mm shares<\/b><span style=\"font-weight: 400;\"> at <\/span><b>$14.40 <\/b><span style=\"font-weight: 400;\">(midpoint of the range) and opened at <\/span><b>$15.13 <\/b><span style=\"font-weight: 400;\">for a gain of <\/span><b>5.1% at first trade<\/b><span style=\"font-weight: 400;\">. Similar to PSTX, this deal broke issue on day one and traded as low as $12.76 before rebounding and closing its opening session at $13.42 or -6.8% versus issue.<\/span><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.06.12-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13556\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.06.12-AM.png\" alt=\"\" width=\"229\" height=\"93\" \/><\/a><\/p>\n<p><b>BlueCity Holdings Limited (BLCT) <\/b><span style=\"font-weight: 400;\">priced a full-size deal, 5.3mm ADSs at the midpoint of the range, $16.00, and <\/span><b>opened at $20.45 for a gain of 27.8% at first trade. <\/b><span style=\"font-weight: 400;\">BlueCity was halted several times and traded erratcially. The stock traded<\/span><b> as high as $35.89 for a gain of 124.3% at top tick but closed the week at $24.50.\u00a0<\/b><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.40.33-AM.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-13564\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2020\/07\/Screen-Shot-2020-07-06-at-10.40.33-AM.png\" alt=\"\" width=\"248\" height=\"106\" \/><\/a><\/p>\n<p><b>Quhuo Limited (QH) &#8212;<\/b><span style=\"font-weight: 400;\"> They priced a full-size deal, <\/span><b>3.3mm ADSs <\/b><span style=\"font-weight: 400;\">(upsized from 2.7mm ADSs), at the midpoint of the range, <\/span><b>$10.00<\/b><span style=\"font-weight: 400;\">, and <\/span><b>opened at $15.31 for a gain of 53.1% at first trade. <\/b><span style=\"font-weight: 400;\">The stock halted seconds after it was opened but the stock did more than double in early, erratic trading.\u00a0<strong>QH\u00a0<\/strong> closed the Friday session at $12.77 or 27.7% above the $10.00 issue price.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Looking ahead to this week, <\/span><b>there are four IPOs currently on the calendar\u00a0<\/b>and we anticipate more to launch Monday and &#8220;potentially&#8221; debut in the same week.<\/p>\n<p>Need to know which IPOs to indicate for? <a href=\"http:\/\/www.ipoboutique.com\/blog\/register\/\"><strong>We have you covered<\/strong><\/a>.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"featured_media":13585,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24,2058,1536],"tags":[2129,2130,2131,2132,2133],"class_list":["post-13670","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo","category-spotlight","category-subscriber-content","tag-blct","tag-iva","tag-nktx","tag-pstx","tag-qh"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/13670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=13670"}],"version-history":[{"count":6,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/13670\/revisions"}],"predecessor-version":[{"id":13683,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/13670\/revisions\/13683"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media\/13585"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=13670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=13670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=13670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}