{"id":15952,"date":"2020-11-06T08:16:08","date_gmt":"2020-11-06T13:16:08","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=15952"},"modified":"2020-11-07T07:45:11","modified_gmt":"2020-11-07T12:45:11","slug":"new-filings-updated-terms-week-ending-11-6-20am","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/new-filings-updated-terms-week-ending-11-6-20am\/","title":{"rendered":"Pipeline Takes Shape: Filings &#038; Updated Terms (Week ending 11\/6\/20am)"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the aftermath of Election day, we are seeing \u201cpositive\u201d signs toward syndicate resuming activity<\/span><b>. <\/b><!--more--><\/p>\n<p><b>For starters, the volatility index (VIX) is down nearly 30% and currently below 27 (was north of 40 at the end of last week).<\/b><span style=\"font-weight: 400;\"> With that being said, the pipeline is relatively thin at the moment and needs to be refreshed with new filings. The current make-up of the IPO pipeline includes mainly healthcare-related and foreign companies. It is our opinion that the following companies are the most \u201clikely\u201d to launch ahead of the Thanksgiving holiday. Some of the list below \u201ccould\u201d indeed launch at any time beginning today:<\/span><b><\/b><\/p>\n<ul>\n<li><b>Compass Therapeutics (CMPX)<\/b><\/li>\n<li><b>Sotera Health Company (SHC)<\/b><\/li>\n<li><b>Maravai Life Sciences (MRVI)<\/b><\/li>\n<li><b>Olema Pharmaceuticals (OLMA)<\/b><\/li>\n<li><b>Southeastern Grocers Inc (SEGR)<\/b><\/li>\n<li><b>Neogames S.A. (NGMS)<\/b><\/li>\n<li><b>Yatsen Holding Limited (YSG)<\/b><\/li>\n<li><b>Ozon Holdings plc (TBD)<\/b><\/li>\n<\/ul>\n<p><b><\/b><em>Below are the new IPO filings and terms added on existing IPOs over the last week.\u00a0<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><strong><span style=\"font-size: 1rem;\">NEW FILINGS<\/span><\/strong><\/span><\/p>\n<p>Company: Upstart Holdings, Inc.<br \/>\nSymbol: UPST<br \/>\nDescription: They are a leading, cloud-based artificial intelligence lending platform.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): Goldman Sachs, BofA Securities, Citigroup, Jefferies, Barclays<br \/>\nCo-Manager(s): JMP Securities, Blaylock Van LLC \u200b<br \/>\nFiled: 11-05-20<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Ozon Holdings PLC<br \/>\nSymbol: TBD<br \/>\nDescription: They are a leading e-commerce platform in the large, fragmented, underpenetrated and growing Russian e-commerce market.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): Morgan Stanley, Goldman Sachs, Citigroup, UBS Investment Bank, Sber CIB, VTB Capital, RenCap \u200b<br \/>\nFiled: 11-02-20<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Olema Pharmaceuticals, Inc.<br \/>\nSymbol: OLMA<br \/>\nDescription: They are a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of next generation targeted therapies for women\u2019s cancers.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): J.P. Morgan, Jefferies, Cowen, Canaccord Genuity \u200b<br \/>\nFiled: 10-30-20<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Yatsen Holding Limited<br \/>\nSymbol: YSG<br \/>\nDescription: Yatsen is a leader in the rapidly evolving China beauty market.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): Goldman Sachs, Morgan Stanley, CICC<br \/>\nFiled: 10-30-20<br \/>\nListed Cash Raise: $100m<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>TERMS ADDED<\/strong><\/span><\/p>\n<p>Company: IN8bio, Inc.<br \/>\nSymbol: INAB<br \/>\nDescription: They are a clinical-stage biotechnology company focused on developing innovative therapies for the treatment of cancers, including solid tumors, by employing allogeneic, autologous and genetically modified gamma-delta T cells.<br \/>\nShares: 4.7 million<br \/>\nMarket Cap: $292m-$331m<br \/>\nPrice Range: $15.00-$17.00<br \/>\nTrade Date: Thursday, 11\/12<br \/>\nUnderwriter(s): Barclays, Cantor, Mizuho<br \/>\nTerms Added: 11-5-20<\/p>\n<p>Company: Aspire Real Estate Investors, Inc.<br \/>\nSymbol: ASPI<br \/>\nDescription: They will be externally managed and advised by our Manager, which is majority owned and controlled by an affiliate of Avanath, a real estate investment manager that invests in property markets nationwide on behalf of pension funds and other institutional investors through commingled funds.<br \/>\nShares: 15 million<br \/>\nPrice Range: $20.00-$20.00<br \/>\nMarket Cap: $327m-$327m<br \/>\nTrade Date: Tuesday, 11\/17<br \/>\nUnderwriter(s): Morgan Stanley, B. Riley Securities, Wells Fargo Securities, BMO Capital Markets, KeyBanc Capital Markets<br \/>\nCo-Manager(s): Loop Capital Markets, Ramirez &amp; Co., Siebert Williams Shank<br \/>\nTerms Added: 11-06-20<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the aftermath of Election day, we are seeing \u201cpositive\u201d signs toward syndicate resuming activity.<\/p>\n","protected":false},"author":4,"featured_media":12986,"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":[2058,1536],"tags":[],"class_list":["post-15952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spotlight","category-subscriber-content"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/15952","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=15952"}],"version-history":[{"count":5,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/15952\/revisions"}],"predecessor-version":[{"id":15966,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/15952\/revisions\/15966"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media\/12986"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=15952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=15952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=15952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}