{"id":2018,"date":"2017-03-15T18:00:59","date_gmt":"2017-03-15T22:00:59","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2018"},"modified":"2017-03-16T07:59:54","modified_gmt":"2017-03-16T11:59:54","slug":"secondaries-announce-3-15-17","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/secondaries-announce-3-15-17\/","title":{"rendered":"Secondaries Announce 3.15.17"},"content":{"rendered":"<h4>THIS POST HAS BEEN INTENTIONALLY DELAYED TO 6PM<\/h4>\n<p>IPO BOUTIQUE CLIENTS\u00a0and\u00a0IPO BOUTIQUE SECONDARY ALERTS CLIENTS\u00a0received this information to their inbox on a\u00a0REAL TIME\u00a0basis.<\/p>\n<p>If having\u00a0<a href=\"http:\/\/www.ipoboutique.com\/blog\/ipo-boutique-announces-new-secondary-alert-service\/#sthash.HnSepMmy.dpbs\" target=\"_blank\"><strong>real-time alerts for secondary offerings<\/strong><\/a>\u00a0would be an advantage to you,<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">\u00a0inquire about a subscription today!<\/a><\/p>\n<hr \/>\n<p>Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period. Spot secondaries or block trades due to the very short duration of announcement to trading, may take longer to \u201cwork\u201d, and should be judged accordingly. (the key is the pricing for spots and or blocks\u2026even more so than scheduled secondaries)<\/p>\n<p>Company: <strong>Penumbra<\/strong><br \/>\nSymbol: PEN<br \/>\nPrice: Last Trade $78.85<br \/>\nTrade Date: 3\/17<br \/>\nShares: 1.3 million<br \/>\nUnderwriter(s) J.P. Morgan, BofA Merrill Lynch<br \/>\nCo Managers: Wells Fargo, Canaccord Genuity<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><\/p>\n<p>Company:<strong> Intrepid Potash, Inc.<\/strong><br \/>\nSymbol: IPI<br \/>\nPrice: Last Trade $1.41<br \/>\nTrade Date: 3\/16<br \/>\nDescription: Re-Offer Range:\u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><br \/>\nShares: 28.4 million<br \/>\nUnderwriter(s) Cantor Fitzgerald<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><br \/>\nCash Raise: $40 million<\/p>\n<p>Company: <strong>Editas Medicine<\/strong><br \/>\nSymbol: EDIT<br \/>\nPrice: Last Trade $24.64<br \/>\nTrade Date: 3\/17<br \/>\nShares: 4 million<br \/>\nUnderwriter(s) Morgan Stanley, J.P. Morgan<br \/>\nCo-Manager(s) Cowen and Company, JMP Securities<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><\/p>\n<p>Company:<strong> Investar Holding Corporation<\/strong><br \/>\nSymbol: ISTR<br \/>\nPrice: Last Trade $21.55<br \/>\nTrade Date: 3\/17<br \/>\nShares: 1.4 million<br \/>\nUnderwriter(s) Sandler O\u2019 Neill<br \/>\nCo-Manager(s)Raymond James, Hovde Group, Piper Jaffray<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><br \/>\nCash Raise: $30 million<\/p>\n<p>Company: <strong>Tesla, Inc.<\/strong><br \/>\nSymbol: TSLA<br \/>\nPrice: Last Trade $255.73<br \/>\nTrade Date: 3\/17<br \/>\nShares: 980 thousand<br \/>\nUnderwriter(s) Goldman Sachs, Deutsche Bank, Citigroup, Morgan Stanley, Barclays, BofA Merrill Lynch, Credit Suisse<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><br \/>\nListed Raise: $250 million<br \/>\nNote: $750 million of convertible senior notes due in 2022<br \/>\nElon Musk (CEO): $25 million purchase<\/p>\n<p>Company: <strong>Acadia Healthcare Company, Inc.- Block<\/strong><br \/>\nSymbol: ACHC<br \/>\nPrice: Last Trade $42.11<br \/>\nTrade Date: 3\/16<br \/>\nShares: 3.02 million<br \/>\nDescription: Re-Offer Range:\u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><br \/>\nUnderwriter(s) Jefferies<br \/>\nRating = \u00a0<a href=\"http:\/\/&lt;a href=&quot;https:\/\/www.ipoboutique.com\/Subscribe.html&quot;&gt;Rating = Subscription Needed&lt;\/a&gt;\" target=\"_blank\">Subscription Needed<\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THIS POST HAS BEEN INTENTIONALLY DELAYED TO 6PM IPO BOUTIQUE CLIENTS\u00a0and\u00a0IPO BOUTIQUE SECONDARY ALERTS CLIENTS\u00a0received this information to their inbox on a\u00a0REAL TIME\u00a0basis. If having\u00a0real-time alerts for secondary offerings\u00a0would be an advantage to you,\u00a0inquire about a subscription today! Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those[&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"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":[35],"tags":[369,739,1113,1112,625,605],"class_list":["post-2018","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings","tag-achc","tag-edit","tag-ipi","tag-istr","tag-pen","tag-tsla"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2018","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=2018"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2018\/revisions"}],"predecessor-version":[{"id":2019,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2018\/revisions\/2019"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2018"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2018"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2018"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}