{"id":19174,"date":"2021-05-14T08:16:25","date_gmt":"2021-05-14T12:16:25","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=19174"},"modified":"2021-05-14T08:16:40","modified_gmt":"2021-05-14T12:16:40","slug":"pipeline-update-soy-milk-company-oatly-sets-terms-for-ipo","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/pipeline-update-soy-milk-company-oatly-sets-terms-for-ipo\/","title":{"rendered":"Pipeline Update: Soy-milk company Oatly sets terms for IPO"},"content":{"rendered":"<p><!--more--><\/p>\n<p>There are just two IPOs on the schedule this week but one very large one in <strong>Oatly Group AB (OTLY)<\/strong>.\u00a0 The company, which is backed by Oprah Winfrey, is looking to price 84.4mm ADSs at $15-$17 which would value the company at $8.9b-$10.1b. The offering, which is led by Morgan Stanley,\u00a0 is scheduled to debut on Thursday, 5\/20.<\/p>\n<p><strong>NEW FILINGS<\/strong><\/p>\n<p>Company: ForU Worldwide Inc.<br \/>\nSymbol: FOYO<br \/>\nDescription: They aspire to transform the highly fragmented, underserved and inefficient road freight transportation industry in China.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): Goldman Sachs, UBS Investment Bank, CICC<br \/>\nLink to Prospectus: Filed: 5-13-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Soulgate Inc.<br \/>\nSymbol: SSR<br \/>\nDescription: Soul is a virtual social playground, where people can live in the moment, express themselves and draw inspiration from each other\u2019s creativity.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): Morgan Stanley, Jefferies, BofA Securities, CICC<br \/>\nLink to Prospectus: Filed: 5-10-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Singular Genomics Systems Inc.<br \/>\nSymbol: OMIC<br \/>\nDescription: They are a life science technology company that is leveraging novel next generation sequencing (NGS) and multiomics technologies to build products that empower researchers and clinicians.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriter(s): JP Morgan, Goldman Sachs, BofA Securities, Cowen, UBS Investment Bank<br \/>\nLink to Prospectus: Filed: 5-7-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p><strong>UPDATED TERMS<\/strong><\/p>\n<p>Symbol: OTLY<br \/>\nDescription: They are the world\u2019s original and largest oatmilk company.<br \/>\nShares: 84.4 million ADSs<br \/>\nPrice Range: $15.00-$17.00<br \/>\nMarket Cap: $8.9b-$10.1b<br \/>\nTrade Date: Thursday, 5\/20<br \/>\nUnderwriter(s): Morgan Stanley, JP Morgan, Credit Suisse, Barclays, Jefferies, BNP PARIBAS, BofA Securities, Piper Sandler, RBC Capital<br \/>\nCo-Manager(s): Rabo Securities, William Blair, Guggenheim Securities, Truist Securities, CICC, Nordea, Oppenheimer, SEB, Blaylock Van, CL King &amp; Associates, Loop Capital, Ramirez &amp; Co., Siebert Williams Shank, Tribal Capital Markets<br \/>\nLink to Prospectus: Terms Added: 5-11-21<\/p>\n<p>Company: Procore Technologies Inc.<br \/>\nSymbol: PCOR<br \/>\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.<br \/>\nShares: 9.47 million<br \/>\nPrice Range: $60.00-$65.00<br \/>\nMarket Cap: $7.7b-$8.3b<br \/>\nTrade Date: Thursday, 5\/20<br \/>\nUnderwriter(s): Goldman Sachs, J.P. Morgan, Barclays, Jefferies<br \/>\nCo-Manager(s): Canaccord Genuity, KeyBanc Capital, Oppenheimer, Piper Sandler, Stifel, William Blair<br \/>\nLink to Prospectus: Terms Added 5-10-21<\/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-19174","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\/19174","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=19174"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/19174\/revisions"}],"predecessor-version":[{"id":19176,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/19174\/revisions\/19176"}],"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=19174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=19174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=19174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}