{"id":18453,"date":"2021-04-12T09:23:24","date_gmt":"2021-04-12T13:23:24","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=18453"},"modified":"2021-04-12T19:51:05","modified_gmt":"2021-04-12T23:51:05","slug":"churn-burn-april-ipo-activity-going-strong-with-nine-deal-week-on-tap","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/churn-burn-april-ipo-activity-going-strong-with-nine-deal-week-on-tap\/","title":{"rendered":"Churn &#038; Burn: April IPO Activity Going Strong with Nine Deal Week on Tap"},"content":{"rendered":"<p><!--more--><\/p>\n<p>The IPO activity continues to be robust in the month of April with a total of seven IPOs launching this morning &#8212; three of which will debut this week. The tally is up to eight &#8220;traditional&#8221; IPOs this week and one MEGA-direct listing:\u00a0<em>Coinbase Global Inc (COIN).<\/em><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Wednesday (4\/14) Debut<\/strong><\/span><\/p>\n<ul>\n<li><strong>Alkami Technology Inc.\u00a0 (ALKT)<\/strong> &#8212; <span style=\"font-weight: 400;\">Alkami is a cloud-based digital banking platform.<\/span><\/li>\n<li><strong>Coinbase Global Inc. (COIN)<\/strong> &#8212; <span style=\"font-weight: 400;\">They are building the cryptoeconomy \u2013 a more fair, accessible, efficient, and transparent financial system for the internet age that leverages crypto assets: digital assets built using blockchain technology.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Underwriter(s):\u00a0 N\/A<\/span><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>Thursday (4\/15) Debut<\/strong><\/span><\/p>\n<ul>\n<li><strong>Agilon Health Inc. (AGL) &#8212;<\/strong>Their business is transforming healthcare by empowering the primary care physician (\u201cPCP\u201d) to be the agent for change in the communities they serve.<\/li>\n<li><strong>Applovin Corp. (APP)<\/strong> &#8212; 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.<\/li>\n<li><strong>Karat Packaging Inc. (KRT)<\/strong> &#8211; <span style=\"font-weight: 400;\">They are a rapidly-growing specialty distributor and select manufacturer of environmentally-friendly disposable foodservice products and related items.<\/span><\/li>\n<li><strong>TuSimple Holdings Inc. (TSP)<\/strong> &#8212; <span style=\"font-weight: 400;\">They are an autonomous technology company that is revolutionizing the estimated $4 trillion global truck freight market.<\/span><\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>Friday (4\/16) Debut<\/strong><\/span><\/p>\n<ul>\n<li><strong>Akoya Biosciences Inc. (AKYA)<\/strong> &#8211; <span style=\"font-weight: 400;\">They are an innovative life sciences technology company delivering spatial biology solutions focused on transforming discovery and clinical research. <\/span><\/li>\n<li><strong>Biomea Fusion Inc. (BMEA)<\/strong> &#8211; <span style=\"font-weight: 400;\">\u00a0They are a preclinical-stage biopharmaceutical company focused on the discovery, development and commercialization of irreversible small molecule drugs to treat patients with genetically defined cancers.<\/span><\/li>\n<li><strong>Recursion Pharmaceuticals Inc. (RXRX)<\/strong> &#8212; <span style=\"font-weight: 400;\">\u00a0They are a clinical-stage biotechnology company decoding biology by integrating technological innovations across biology, chemistry, automation, data science, and engineering, with the goal of radically improving the lives of patients and industrializing drug discovery.<\/span><\/li>\n<\/ul>\n<hr \/>\n<p>IPOs to Debut Next Week:<\/p>\n<p>Company: UiPath Inc<br \/>\nSymbol: PATH<br \/>\nDescription: They provide their customers with a robust set of capabilities to discover automation opportunities and build, manage, run, engage, measure, and govern automations across departments within an organization.<br \/>\nShares: 21.3 million<br \/>\nPrice Range: $43.00-$50.00<br \/>\nMarket Cap: $22.2b-$25.9b<br \/>\nTrade Date: Wednesday, 4\/21<br \/>\nUnderwriter(s): Morgan Stanley, JP Morgan, BofA Securities, Credit Suisse, Barclays, Wells Fargo<br \/>\nCo-Manager(s): SMBC Nikko, BMO Capital, Mizuho Securities, KeyBanc Capital, TD Securities, Truist Securities, Cowen, Evercore ISI, Macquarie Capital, Nomura, RBC Capital, Canaccord Genuity, DA Davidson, Oppenheimer, Needham<br \/>\nTerms Added: 4-12-21<\/p>\n<p>Company: DoubleVerify Holdings, Inc.<br \/>\nSymbol: DV<br \/>\nDescription: They are a leading software platform for digital media measurement and analytics.<br \/>\nShares: 13.33 million<br \/>\nPrice Range: $24.00-$27.00<br \/>\nMarket Cap: $3.7b-$4.2b<br \/>\nTrade Date: Wednesday, 4\/21<br \/>\nUnderwriter(s): Goldman Sachs, JP Morgan, Barclays, RBC Capital, Truist Securities<br \/>\nCo-Manager(s): William Blair, KeyBanc Capital, Canaccord Genuity, JMP Securities, Needham, Loop Capital, Capital One Securities<br \/>\nTerms Added: 4-12-21<\/p>\n<p>Company: KnowBe4, Inc.<br \/>\nSymbol: KNBE<br \/>\nDescription: KnowBe4 has developed the leading security awareness platform enabling organizations to assess, monitor and minimize the ongoing cybersecurity threat of social engineering attacks.<br \/>\nShares: 11.8 million<br \/>\nPrice Range: $16.00-$18.00<br \/>\nMarket Cap: $2.7b-$3.0b<br \/>\nTrade Date: Thursday, 4\/22<br \/>\nUnderwriter(s): Morgan Stanley, Goldman Sachs, BofA Securities, KKR, Citigroup, UBS<br \/>\nCo-Manager(s): Baird, Canaccord Genuity, Cowen, Needham, Piper Sandler, Truist Securities<br \/>\nTerms Added: 4-12-21<\/p>\n<p>Company: SkyWater Technology, Inc.<br \/>\nSymbol: SKYT<br \/>\nDescription: They are a U.S. investor-owned, independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services from their fabrication facility, or fab, in Minnesota and advanced packaging services from our Florida facility.<br \/>\nShares: 5.8 million<br \/>\nPrice Range: $12.00-$14.00<br \/>\nMarket Cap: $442m-$516m<br \/>\nTrade Date: Wednesday, 4\/21<br \/>\nUnderwriter(s): Jefferies, Cowen, Piper Sandler<br \/>\nTerms Added: 4-12-21<\/p>\n<hr \/>\n<p>Indicating for IPOs or Secondary offerings? Place IPO Boutique on your team.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/blog\/register\/\"><strong>https:\/\/www.ipoboutique.com\/blog\/register\/<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":4,"featured_media":18454,"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-18453","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\/18453","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=18453"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/18453\/revisions"}],"predecessor-version":[{"id":18499,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/18453\/revisions\/18499"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media\/18454"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=18453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=18453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=18453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}