<\/p>\n
If there was a thought of a “slowdown” in the IPO calendar\u00a0 — think again.<\/p>\n
A total of 20 IPOs filed in the last seven days. This was after eight filed the week prior. Currently, there are a total of 43 companies sitting in the IPO pipeline.<\/p>\n
The frenzy will begin next week with four deals currently on the schedule. We anticipate activity to be robust throughout March and April.<\/p>\n
NEW FILINGS<\/strong><\/span><\/p>\n Company: Alignment Healthcare, Inc. Company: ThredUp Inc. Company: Olink Holding AB Company: Applovin Corporation Company: Procore Technologies Inc. Company: Navios South American Logistics Inc. Company: Lava Therapeutics B.V. Company: Compass, Inc. Company: Achilles Therapeutics plc Company: SEMrush Holdings Inc. Company: Kaltura Inc Company: Vizio Holding Corp Company: Karooooo Ltd. Company: Connect Biopharma Holdings Limited Company: Intermedia Cloud Communications, Inc. Company: Finch Therapeutics Group, Inc. Company: ACV Auctions Inc. Company: Instil Bio, Inc. Company: Leonardo DRS, Inc. Company: Tuya, Inc. TERMS ADDED<\/strong><\/span><\/p>\n Company: Coupang, Inc. Company: First High-School Education Group Co., Ltd. Company: Hayward Holdings, Inc. Company: Joann, Inc
\nSymbol: ALHC
\nDescription: Alignment is a next generation, consumer-centric platform that is revolutionizing the healthcare experience for seniors.
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nUnderwriter(s): Goldman Sachs, Morgan Stanley, JP Morgan, BofA Securities, William Blair
\nCo-Manager(s): UBS, Piper Sandler, Raymond James
\nFiled: 3-3-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: TDUP
\nDescription: thredUP is one of the world\u2019s largest online resale platforms for women\u2019s and kids\u2019 apparel, shoes and accessories.
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nUnderwriter(s): Goldman Sachs, Morgan Stanley, Barclays, William Blair, Wells Fargo
\nCo-Manager(s): KeyBanc, Needham, Piper Sandler, Telsey Advisory
\nFiled: 3-3-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: OLK
\nDescription: Their purpose is to enable and accelerate the field of proteomics by providing a platform of products and services, developed with key opinion leaders (KOLs), that are deployed across major pharmaceutical companies and leading clinical and academic institutions, to deepen the understanding of real-time human biology and drive 21st century healthcare through actionable and impactful science.
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nUnderwriter(s): Goldman Sachs, Morgan Stanley, SVB Leerink
\nCo-Manager(s): BTIG
\nFiled: 3-3-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: APP
\nDescription: Their software solutions provide advanced tools for mobile app developers to grow their businesses by automating and optimizing the marketing and monetization of their apps.
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nUnderwriter(s): Morgan Stanley, J.P. Morgan, KKR, BofA Securities, Citigroup, Goldman Sachs, Credit Suisse, UBS Investment Bank
\nCo-Manager(s): Oppenheimer, Stifel, Truist, William Blair, LionTree, LUMA Securities, The Raine Group
\nFiled: 3-2-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: PCOR
\nDescription: They are a leading provider of cloud-based construction management software, and are helping transform one of the oldest, largest, and least digitized industries in the world.
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nUnderwriter(s): Goldman Sachs, J.P. Morgan, Barclays, Jefferies
\nCo-Manager(s): Canaccord Genuity, KeyBanc Capital, Oppenheimer, Piper Sandler, Stifel, William Blair
\nUpdated Filling: 3-2-21
\nListed Cash Raise: $100m
\nOriginally Filed: 2-28-20<\/p>\n
\nSymbol: NM
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They believe they are one of the largest infrastructure and logistics companies in the Hidrovia Region.
\nUnderwriter(s): BofA Securities, Itau BBA, UBS, BTG Pactual
\nCo Manager(s): S, Goldman Advisors
\nFiled: 3-2-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: LVRX
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a biotechnology company focused on transforming cancer treatment by developing a platform of novel bispecific antibodies engineered to selectively induce gamma-delta T cell-mediated immunity against tumor cells.
\nUnderwriter(s): JP Morgan, Jefferies, SVB Leerink
\nCo Manager(s): Kempen & Co
\nFiled: 3-2-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: COMP
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: Compass provides an end-to-end platform that empowers our residential real estate agents to deliver exceptional service to seller and buyer clients.
\nUnderwriter(s): Goldman Sachs,Morgan Stanley, Barclays
\nFiled: 3-1-21
\nListed Cash Raise: $500m<\/p>\n
\nSymbol: ACHL
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a clinical stage immuno-oncology biopharmaceutical company developing precision T cell therapies to treat multiple types of solid tumors.
\nUnderwriter(s): JP Morgan, BofA Securities, Piper Sandler
\nCo Manager(s): Chardan, Oppenheimer & Co., Kempen & Co
\nFiled: 3-1-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: SEMR
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a leading online visibility management software-as-a-service platform.
\nUnderwriter(s): Goldman Sachs, JP Morgan, Jefferies, KeyBanc Capital
\nCo-Manager(s): Piper Sandler, Stifel
\nFiled: 3-1-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: KLTR
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: Their Video Experience Cloud offers live, real-time, and on-demand video products including Video Portal, Town Halls, Video Messaging, Webinars, Virtual Events and Meetings.
\nUnderwriter(s): Goldman Sachs, BofA Securities, Wells Fargo, Deutsche Bank
\nCo-Manager(s): Canaccord Genuity, JMP Securities, KeyBanc Capital, Needham, Oppenheimer
\nFiled: 3-1-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: VZIO
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: VIZIO is driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful SmartCast operating system.
\nUnderwriter(s): JP Morgan, BofA Securities, Wells Fargo Securities, Guggenheim Securities, Needham, Piper Sandler
\nFiled: 3-1-21
\nListed Cash Raise: $100m
\nNote: IPO Previously Withdrawn in 2016<\/p>\n
\nSymbol: KARO
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: Cartrack is a leading global provider of real-time mobility data analytics solutions for smart transportation
\nUnderwriter(s): Morgan Stanley, BofA Securities, William Blair
\nFiled: 2-26-21
\nListed Cash Raise: $100m
\nNote: The ordinary shares of Cartrack Holdings Limited, our subsidiary, are listed on the securities exchange operated by JSE Limited (the \u201cJSE\u201d) under the symbol \u201cCTK\u201d.<\/p>\n
\nSymbol: CNTB
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a global clinical-stage biopharmaceutical company developing therapies for the treatment of T cell-driven inflammatory diseases.
\nUnderwriter(s): Jefferies, SVB Leerink, Piper Sandler, CICC
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: INTM
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They provide a leading, proprietary cloud-based communications and collaboration platform, purpose-built for our extensive and expanding network of more than 7,000 channel partners and used by a growing base of over 122,000 business customers as of December 31, 2020.
\nUnderwriter(s): Morgan Stanley, JP Morgan, Credit Suisse, Evercore ISI, Jefferies
\nCo-Manager(s): William Blair, KeyBanc Capital, TD Securities, Stephens, Loop Capital
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: FNCH
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a clinical-stage microbiome therapeutics company leveraging our Human-First Discovery platform to develop a novel class of orally administered biological drugs
\nUnderwriter(s): BofA Securities, Jefferies, Evercore ISI
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: ACVA
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They provide a vibrant digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information to our customers.
\nUnderwriter(s): Goldman Sachs, JP Morgan, Citigroup, BofA Securities, Jefferies
\nCo-Manager(s): Canaccord Genuity, Guggenheim Securities, JMP Securities, Piper Sandler, Raymond James
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: TIL
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They are a clinical-stage biopharmaceutical company focused on developing an innovative cell therapy pipeline of autologous tumor infiltrating lymphocyte, or TIL, therapies for the treatment of patients with cancer.
\nUnderwriter(s): Morgan Stanley, Jefferies, Cowen
\nCo-Manager: Truist Securities
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: DRS
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: DRS is a leading provider of defense products and technologies that are used across land, air, sea, space and cyber domains.
\nUnderwriter(s): Goldman Sachs, BofA Securities, JP Morgan, Barclays, Citigroup, Credit Suisse, Morgan Stanley
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: TBD
\nShares: TBD
\nPrice Range: TBD
\nTrade Date: TBD
\nDescription: They have pioneered a purpose-built IoT cloud platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers.
\nUnderwriter(s): Morgan Stanley, BofA Securities, CICC
\nFiled: 2-26-21
\nListed Cash Raise: $100m<\/p>\n
\nSymbol: CPNG
\nShares: 120 million
\nPrice Range: $27.00-$30.00
\nMarket Cap: $46.1b-$51.2b
\nTrade Date: Thursday, 3\/11
\nDescription: They are building the next generation experience for e-commerce. They believe that by investing for the long term in technology and infrastructure with a fanatical culture of customer centricity, we are delivering a superior customer experience at a lower cost and are continuing to redefine standards for e-commerce worldwide.
\nUnderwriter(s): Goldman Sachs, Allen & Company, J.P. Morgan, BofA Securities, Citigroup
\nCo-Manager(s): HSBC, Deutsche Bank Securities, UBS Investment Bank, Mizuho Securities, CLSA
\nTerms Added: 3-1-21<\/p>\n
\nSymbol: FHS
\nShares: 7.5 million ADSs
\nPrice Range: $9.50-$10.50
\nMarket Cap: $275m-$304m
\nTrade Date: Thursday, 3\/11
\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
\nTerms Added: 3-2-21<\/p>\n
\nSymbol: HAYW
\nShares: 40.3 million
\nPrice Range: $17.00-$19.00
\nMarket Cap: $3.9b-$4.4b
\nTrade Date: Friday, 3\/12
\nDescription: They are an industry-leading global designer, manufacturer and marketer of a broad portfolio of pool equipment and associated automation systems.
\nUnderwriter(s): BofA Securities, Goldman Sachs, Nomura, Credit Suisse, Morgan Stanley, Baird, Guggenheim Securities, Jefferies
\nCo-Manager(s): BMO Capital Markets, KeyBanc Capital Markets, William Blair, Houlihan Lokey, Moelis & Company
\nTerms Added: 3-3-21<\/p>\n
\nSymbol: JOAN
\nShares: 10.937 million
\nPrice Range: $15.00-$17.00
\nMarket Cap: $606m-$686m
\nTrade Date: Friday, 3\/12
\nDescription: JOANN is the nation\u2019s category leader in Sewing and one of the fastest growing players in the arts and crafts category.
\nUnderwriter(s): BofA Securities, Credit Suisse, Guggenheim Securities, Barclays, Wells Fargo Securities, Piper Sandler, William Blair
\nCo-Manager(s): Houlihan Lokey, Telsey Advisory Group, Loop Capital, Ramirez & Co.
\nTerms Added: 3-4-21<\/p>\n","protected":false},"excerpt":{"rendered":"","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-17741","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\/17741","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=17741"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/17741\/revisions"}],"predecessor-version":[{"id":17742,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/17741\/revisions\/17742"}],"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=17741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=17741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=17741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}