{"id":20304,"date":"2021-07-09T08:39:46","date_gmt":"2021-07-09T12:39:46","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=20304"},"modified":"2021-07-09T08:39:46","modified_gmt":"2021-07-09T12:39:46","slug":"pipeline-update-eight-companies-set-terms-for-ipo-next-week","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/pipeline-update-eight-companies-set-terms-for-ipo-next-week\/","title":{"rendered":"Pipeline Update: Eight Companies Set Terms for IPO Next Week"},"content":{"rendered":"<p><!--more--><span style=\"text-decoration: underline;\"><strong>TERMS ADDED<\/strong><\/span><\/p>\n<p>Company: Sight Sciences, Inc.<br \/>\nSymbol: SGHT (NASDAQ)<br \/>\nDescription: Their mission is to transform ophthalmology and optometry through the development and commercialization of proprietary devices that target the underlying causes of the world\u2019s most prevalent eye diseases.<br \/>\nShares: 6.98 million<br \/>\nPrice Range: $20.00-$23.00<br \/>\nMarket Cap: $845m-$972m<br \/>\nTrade Date: Thursday, 7\/15<br \/>\nUnderwriters: Morgan Stanley, BofA Securities, Citigroup, Piper Sandler<br \/>\nLink to Prospectus: Terms Added: 7-8-21<\/p>\n<p>Company: Sera Prognostics, Inc.<br \/>\nSymbol: SERA (Nasdaq)<br \/>\nDescription: They are a women\u2019s health diagnostic company utilizing our proprietary proteomics and bioinformatics platform to discover, develop and commercialize clinically meaningful and economically impactful biomarker tests, with an initial focus on improving pregnancy outcomes.<br \/>\nShares: 4.7 million<br \/>\nPrice Range: $15.00-$17.00<br \/>\nMarket Cap: $458m-$519m<br \/>\nTrade Date: Thursday, 7\/15<br \/>\nUnderwriters: Citigroup, Cowen, William Blair<br \/>\nLink To Prospectus: Terms Added: 7-8-21<\/p>\n<p>Company: Stevenato Group S.A.<br \/>\nSymbol: STVN (NYSE)<br \/>\nDescription: They are a leading global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries.<br \/>\nShares: 40 million<br \/>\nPrice Range: $21.00-$24.00<br \/>\nMarket Cap: $6.3b-$7.2b<br \/>\nTrade Date: Friday, 7\/16<br \/>\nUnderwriters: Morgan Stanley, BofA Securities, Jefferies, Citigroup, KeyBanc Capital, UBS Investment, Wells Fargo, William Blair<br \/>\nLink to Prospectus: Terms Added: 7-7-21<\/p>\n<p>Company: Bridge Investment Group Holdings Inc.<br \/>\nSymbol: BRDG (NYSE)<br \/>\nDescription: They are a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $26 billion of AUM as of March 31, 2021.<br \/>\nShares: 18.75 million<br \/>\nPrice Range: $15.00-$17.00<br \/>\nMarket Cap: $1.75b-$2.0b<br \/>\nTrade Date: Friday, 7\/16<br \/>\nUnderwriters: Morgan Stanley, JP Morgan, Citigroup, Wells Fargo, UBS Investment Bank<br \/>\nCo-Manager(s): AmeriVet Securities, C.L. King &amp; Associates, Siebert Williams Shank<br \/>\nLink to Prospectus: Terms Added: 7-7-21<\/p>\n<p>Company: Phillips Edison &amp; Company, Inc..<br \/>\nSymbol: PECO<br \/>\nDescription: Phillips Edison is one of the nation\u2019s largest owners and operators of omni-channel grocery-anchored neighborhood shopping centers.<br \/>\nShares: 17 million<br \/>\nPrice Range: $28.00-$31.00<br \/>\nMarket Cap: $3.1b-$3.4b<br \/>\nTrade Date: Thursday, 7\/15<br \/>\nUnderwriter(s): Morgan Stanley, BofA Securities, JP Morgan, BMO Capital Markets, Goldman Sachs, KeyBanc Capital Markets, Mizuho Securities, Wells Fargo Securities<br \/>\nCo-Manager(s): BTIG, Capital One Securities, Fifth Third Securities, PNC Capital Markets, Regions Securities<br \/>\nLink to Prospectus: Terms Added: 7-7-21<\/p>\n<p>Company: F45 Training Holdings Inc.<br \/>\nSymbol: FXLV (NYSE)<br \/>\nDescription: They are F45 Training, one of the fastest growing fitness franchisors in the United States based on number of franchises sold in the United States, focused on creating a leading global fitness training and lifestyle brand.<br \/>\nShares: 20.3 million<br \/>\nPrice Range: $15.00-$17.00<br \/>\nMarket Cap: $1.35b-$1.5b<br \/>\nTrade Date: Thursday, 7\/15<br \/>\nUnderwriters: Goldman Sachs, JP Morgan<br \/>\nCo-Manager(s): Baird, Cowen, Guggenheim Securities, Macquarie Capital, Roth Capital Partners<br \/>\nLink to Prospectus: Terms Added: 7-7-21<\/p>\n<p>Company: Membership Collective Group Inc.<br \/>\nSymbol: MCG (NYSE)<br \/>\nDescription: They are a global membership platform of physical and digital spaces that connects a vibrant, diverse group of members from across the world. These members use the MCG platform to both work and socialize, to connect, create, have fun and drive a positive change.<br \/>\nShares: 30 million<br \/>\nPrice Range: $14.00-$16.00<br \/>\nMarket Cap: $2.8b-$3.2b<br \/>\nTrade Date: Thursday, 7\/15<br \/>\nUnderwriters: J.P. Morgan, Morgan Stanley, Goldman Sachs, BofA Securities, HSBC<br \/>\nCo-Manager(s): Citigroup, William Blair, Loop Capital<br \/>\nLink to Prospectus: Terms Added: 7-6-21<\/p>\n<p>Company: Blend Labs Inc.<br \/>\nSymbol: BLND (NYSE)<br \/>\nDescription: It\u2019s their vision to bring simplicity and transparency to financial services, so everyone can gain access to the capital they need to lead better lives.<br \/>\nShares: 20 million<br \/>\nPrice Range: $16.00-$18.00<br \/>\nMarket Cap: $3.5b-$4.0b<br \/>\nTrade Date: Friday, 7\/16<br \/>\nUnderwriters: Goldman Sachs, Allen &amp; Company, Wells Fargo, KeyBanc, Truist, UBS Investments<br \/>\nCo-Manager(s): Piper Sandler, William Blair, Canaccord Genuity, Drexel Hamilton, Loop Capital, Ramirez &amp; Co.<br \/>\nLink to Prospectus: Terms Added: 7-6-21<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>NEW FILINGS<\/strong><\/span><\/p>\n<p>Company: Icosavax, Inc.<br \/>\nSymbol: ICVX (Nasdaq)<br \/>\nDescription: They are a biopharmaceutical company leveraging our innovative virus-like particle (VLP) platform technology to develop vaccines against infectious diseases, with an initial focus on life-threatening respiratory diseases.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Jefferies, Cowen, Evercore ISI, William Blair<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Nuvalent Inc.<br \/>\nSymbol: NUVL (Nasdaq)<br \/>\nDescription: They are a preclinical stage biopharmaceutical company focused on creating precisely targeted therapies for patients with cancer. They focus our discovery efforts on small molecule inhibitors of kinases, a class of cellular targets that can play a central role in cancer growth and proliferation.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: J.P. Morgan, Cowen, Piper Sandler<br \/>\nLink to Prospectus: Filed: 7-7-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Authentic Brands Group Inc.<br \/>\nSymbol: AUTH (NYSE)<br \/>\nDescription: ABG is a world class brand development, marketing and entertainment company.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, J.P. Morgan, Goldman Sachs, Jefferies, UBS Investment Bank, Wells Fargo Securities, Cowen, Guggenheim Securities, KeyBanc Capital Markets \u200b<br \/>\nCo-Managers : Canaccord Genuity, Telsey Advisory Group<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: The Better Being Company<br \/>\nSymbol: BBCO (NYSE)<br \/>\nDescription: The Better Being Co. is a high-growth whole-body wellness platform that develops, manufactures, markets and distributes trusted and beneficial vitamins, supplements, minerals and personal care products through a portfolio of differentiated brands.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Goldman Sachs, Credit Suisse, Jefferies, Deutsche Bank, Piper Sandler, Guggenheim Securities, Raymond James<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Rotech Healthcare Holdings, Inc.<br \/>\nSymbol: ROTK (Nasdaq)<br \/>\nDescription: They are a leading provider of home medical equipment and related products and services (collectively referred to as \u201cHME products and services\u201d) in the United States.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, Jefferies, UBS Investment Bank, Truist Securities, Baird, RBC Capital Markets<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Teads N.V.<br \/>\nSymbol: TEAD (NYSE)<br \/>\nDescription: They operate a leading, cloud-based, end-to-end technology platform that enables programmatic digital advertising for a global, curated ecosystem of quality advertisers and their agencies and quality publishers.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Goldman Sachs, Morgan Stanley, J.P. Morgan, BNP PARIBAS, Citigroup<br \/>\nCo-Manager(s): JMP Securities, Raymond James, William Blair<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Traeger, Inc.<br \/>\nSymbol: COOK (NYSE)<br \/>\nDescription: Traeger is the creator and category leader of the wood pellet grill, an outdoor cooking system that ignites all-natural hardwoods to grill, smoke, bake, roast, braise, and barbeque.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Jefferies, Baird, William Blair, Credit Suisse, RBC Capital Markets<br \/>\nCo-Manager(s): BMO Capital Markets, Piper Sandler, Stifel, Telsey Advisory Group<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Preston Hollow Community Capital, Inc.<br \/>\nSymbol: TBD (NYSE)<br \/>\nDescription: They are a market leader in providing specialized impact financing solutions for projects of significant social and economic importance to local communities in the United States.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: JP Morgan, UBS Investment Bank, Piper Sandler<br \/>\nCo-Manager(s): Deutsche Bank, Loop Capital Markets<br \/>\nLink to Prospectus: Filed: 7-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Rallybio Corporation<br \/>\nSymbol: RLYB (Nasdaq)<br \/>\nDescription: They are a clinical-stage biotechnology company built around a team of seasoned industry experts with a shared purpose and a track record of success in discovering, developing, manufacturing and delivering therapies that meaningfully improve the lives of patients suffering from severe and rare diseases.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Jefferies, Cowen, Evercore<br \/>\nLink to Prospectus: Filed: 7-2-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Cytek Biosciences, Inc.<br \/>\nSymbol: CTKB (Nasdaq)<br \/>\nDescription: They are a leading cell analysis solutions company advancing the next generation of cell analysis tools by leveraging novel technical approaches.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Goldman Sachs, Piper Sandler Cowen<br \/>\nLink to Prospectus: Filed: 7-2-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Clarios International Inc.<br \/>\nSymbol: BTRY (NYSE)<br \/>\nDescription: Clarios is one of the world\u2019s largest suppliers of energy storage solutions.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, J.P. Morgan, Barclay, BMO Capital, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, Citigroup, HSBC, RBC Capital Markets \u200b<br \/>\nCo-Manager(s): Scotiabank, TD Securities, CIBC Capital Markets, Guggenheim Securities, Credit Agricole CIB, ING, National Bank of Canada Financial, Natixis, Santander, Siebert Williams Shank<br \/>\nLink to Prospectus: Filed: 7-2-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Daojia Limited<br \/>\nSymbol: JIA (NYSE)<br \/>\nDescription: They are the largest home services platform in China in terms of gross transaction volume in 2020, according to iResearch.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: J.P. Morgan, UBS Investment Bank, CICC<br \/>\nLink to Prospectus: Filed: 7-2-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: SOPHiA GENETICS SA<br \/>\nSymbol: SOPH (Nasdaq)<br \/>\nDescription: They are a healthcare technology company dedicated to establishing the practice of data-driven medicine as the standard of care and for life sciences research<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: J.P. Morgan, Morgan Stanley, Cowen, Credit Suisse<br \/>\nLink to Prospectus: Filed: 7-2-21<br \/>\nListed Cash Raise: $100m<\/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-20304","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\/20304","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=20304"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/20304\/revisions"}],"predecessor-version":[{"id":20305,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/20304\/revisions\/20305"}],"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=20304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=20304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=20304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}