A total of four companies have set terms for an IPO to debut next week at this time. The latest launch and largest offering of the week, RLX Technology Inc., is China’s no. 1 branded e-vapor company. They are seeking a possible cash raise north of $1bn by selling 116.5mm ADSs at $8-$10.<\/p>\n
TERMS ADDED<\/strong><\/span><\/p>\n Company: Dream Finders Homes, Inc. Company: MYT Netherlands Parent B.V. Company: Patria Investments Limited Company: RLX Technology, Inc. NEW FILINGS<\/strong><\/span><\/p>\n Company: Viant Technology Inc. Company: Landos Biopharma, Inc. Company: First High-School Education Group Co., Ltd. Company: Sana Biotechnology, Inc. Company: loanDepot, Inc. <\/p>\n","protected":false},"excerpt":{"rendered":" A total of four companies have set terms for an IPO to debut next week at this time.<\/p>\n","protected":false},"author":4,"featured_media":16933,"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-16921","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\/16921","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=16921"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/16921\/revisions"}],"predecessor-version":[{"id":16925,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/16921\/revisions\/16925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media\/16933"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=16921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=16921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=16921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nSymbol: DFH
\nShares: 9.6 million
\nPrice Range: $12.00-$15.00
\nMarket Cap: $1.1b-$1.4b
\nTrade Date: Thursday, 1\/21
\nDescription: They are one of the nation\u2019s fastest growing private homebuilders by revenue and home closings since 2014.
\nUnderwriter(s): BofA Securities, RBC Capital, BTIG
\nCo-Manager(s): Builder Advisor Group, Zelman Partners, TCB Capital Markets, Wedbush Securities
\nTerms Added: 1-11-21<\/p>\n
\nSymbol: MYTE
\nDescription: They are a leading luxury e-commerce platform for the global luxury fashion consumer.
\nShares: 15.6 million ADSs
\nPrice Range: $16.00-$18.00
\nMarket Cap: $1.4b-$1.6b
\nTrade Date: Thursday, 1\/21
\nUnderwriter(s): Morgan Stanley, J.P. Morgan, Credit Suisse, UBS Investment Bank, Jefferies, Cowen
\nTerms Added: 1-12-21
\nListed Cash Raise: $150m<\/p>\n
\nSymbol: PAX
\nDescription: They are one of the leading private markets investment firms in Latin America in terms of capital raised, with over US$7.8 billion raised in the past five years.
\nShares: 26.65 million
\nPrice Range: $14.00-$16.00
\nMarket Cap: $725m-$828m
\nTrade Date: Friday, 1\/22
\nUnderwriter(s): JP Morgan, BofA Securities, Credit Suisse
\nCo-Manager(s): Bradesco BBI, BTG Pactual, Itau BBA, Keefe Bruyette & Woods, Santander, XP Investments
\nTerms Added: 1-14-21<\/p>\n
\nSymbol: RLX
\nDescription: They are the No.1 branded e-vapor company in China, capturing 48.0% and 62.6% of the market share of closed-system e-vapor products in terms of retail sales value in 2019 and the nine months ended September 30, 2020, respectively, according to the CIC Report.
\nShares: 116.5 million ADSs
\nPrice Range: $8.00-$10.00
\nMarket Cap: $12.4b-$15.5b
\nTrade Date: Thursday, 1\/21
\nUnderwriter(s): Citigroup
\nCo-Manager: China Renaissance
\nTerms Added: 1-15-21<\/p>\n
\nSymbol: DSP
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are an advertising software company. Their software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process
\nUnderwriter(s): BofA Securities, UBS Investment Bank
\nCo-Manager(s): Canaccord Genuity, JMP Securities, Needham & Company, Raymond James
\nFiled: 1-15-21
\nListed Cash Raise: $150m<\/p>\n
\nSymbol: LABP
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a clinical-stage biopharmaceutical company focused on the discovery and development of oral therapeutics for patients with autoimmune diseases that are the first to target new mechanisms of action, including the LANCL2, NLRX1 and PLXDC2 immunometabolic pathways.according to the CIC report.
\nUnderwriter(s): JP Morgan, Jefferies, SVB Leerink
\nCo-Manager(s): Raymond James
\nFiled: 1-13-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: FHS
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are the largest operator of private high schools in Western China and the third largest operator in all of China in terms of student enrollment as of December 31, 2019, according to the CIC report.
\nUnderwriter(s): Benchmark Company, Tiger Brokers, Valuable Capital
\nCo-Manager(s): Fosun Hani, TF International, AMTD, Maxim Group, Boustead Securities, China PA Securities
\nFiled: 1-13-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: SANA
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They have long-term aspirations are to be able to control or modify any gene in the body, to replace any cell that is damaged or missing, and to markedly improve access to cellular and gene-based medicines.
\nUnderwriter(s): Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities
\nFiled: 1-13-21
\nListed Cash Raise: $150m<\/p>\n
\nSymbol: LDI
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: LoanDepot is a leading technology-enabled U.S. consumer lending platform.
\nUnderwriter(s): Goldman Sachs, BofA Securities, Credit Suisse, Morgan Stanley, Barclays, Citigroup, Jefferies, UBS Investment Bank
\nCo-Manager(s): JMP Securities, Nomura, Piper Sandler, Raymond James, William Blair
\nFiled: 1-11-21
\nListed Cash Raise: $100m
\nPostponed in November 2015<\/p>\n