{"id":2157,"date":"2017-04-28T09:06:57","date_gmt":"2017-04-28T13:06:57","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2157"},"modified":"2017-04-28T09:06:57","modified_gmt":"2017-04-28T13:06:57","slug":"new-ipo-filings-updated-terms-week-ending-4-28-17","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/new-ipo-filings-updated-terms-week-ending-4-28-17\/","title":{"rendered":"New IPO Filings &#038; Updated Terms &#8212; Week ending 4.28.17"},"content":{"rendered":"<p>New Filings and Updated Terms (4.28.17)<\/p>\n<p>NEW FILINGS<\/p>\n<p>Company: <strong>TPG RE Finance Trust, Inc.<\/strong><br \/>\nSymbol: TRTX<br \/>\nPrice: TBD<br \/>\nDescription: They are a commercial real estate finance company sponsored by TPG. We directly originate, acquire and manage commercial mortgage loans and other commercial real estate-related debt instruments for our balance sheet.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nUnderwriter(s): Morgan Stanley, Goldman Sachs &amp; Co., Barclays<br \/>\nFiled: 4-25-17<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: <strong>Appian Corporation<\/strong><br \/>\nSymbol: APPN<br \/>\nPrice: TBD<br \/>\nDescription: Appian provides a leading low-code software development platform as a service that enables organizations to rapidly develop powerful and unique applications.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nUnderwriter(s): BofA Merrill Lynch, Citigroup, Goldman Sachs &amp; Co., Wells Fargo Securities<br \/>\nCo-Manager(s): Pacific Crest Securities, Canaccord Genuity, Cowen and Company<br \/>\nFiled: 4-27-17<br \/>\nListed Cash Raise: $86.25m<\/p>\n<p>TERMS ADDED<\/p>\n<p>Company: <strong>Antero Midstream GP LP<\/strong><br \/>\nSymbol: AMGP<br \/>\nPrice: $22.00-$25.00<br \/>\nDescription: They are a Delaware limited partnership that will elect to be treated as a corporation for U.S. federal income tax purposes. We own the general partner of Antero Midstream Partners LP (NYSE: AM) (&#8220;Antero Midstream&#8221;) and all of the incentive distribution rights in Antero Midstream.<br \/>\nTrade Date: 5\/4<br \/>\nShares: 37.25 million<br \/>\nUnderwriter(s): Morgan Stanley, Barclays, J.P. Morgan, Baird, Citigroup, Goldman Sachs &amp; Co., Wells Fargo Securities<br \/>\nCo Manager(s): Credit Suisse, D.A. Davidson &amp; Co., Evercore ISI, Janney Montgomery Scott, Ladenburg Thalmann, MUFG, Raymond James, Scotia Howard Weil, Tudor Pickering Holt &amp; Co.<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>UroGen Pharma<\/strong><br \/>\nSymbol: URGN<br \/>\nPrice: $12.00-$14.00<br \/>\nDescription: They are a clinical stage biopharmaceutical company focused on developing novel therapies designed to change the standard of care for urological pathologies.<br \/>\nTrade Date: 5\/4<br \/>\nShares: 3.46 million<br \/>\nUnderwriter(s): Jefferies, Cowen and Company<br \/>\nCo-Manager(s): Raymond James, Oppenheimer &amp; Co<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>Biohaven Pharmaceutical Holding Company Ltd.<\/strong><br \/>\nSymbol: BHVN<br \/>\nPrice: $14.00-$16.00<br \/>\nDescription: They are a clinical-stage biopharmaceutical company with a portfolio of innovative, late-stage product candidates targeting neurological diseases, including rare disorders.<br \/>\nTrade Date: 5\/4<br \/>\nShares: 8.33 million<br \/>\nUnderwriter(s): Morgan Stanley, Piper Jaffray, Barclays<br \/>\nCo-Manager(s): William Blair, Needham &amp; Company<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>Liberty Oilfield Services Inc.<\/strong><br \/>\nSymbol: BDFC<br \/>\nPrice: $16.00-$19.00<br \/>\nDescription: They are a rapidly growing independent provider of hydraulic fracturing services to onshore oil and natural gas exploration and production (E&amp;P) companies in North America.<br \/>\nTrade Date: 5\/4<br \/>\nShares: 22.86 million<br \/>\nUnderwriter(s): Morgan Stanley, Goldman Sachs &amp; Co., Wells Fargo Securities, Citigroup, J.P. Morgan, Evercore ISI<br \/>\nCo Manager(s): Simmons &amp; Company International Energy Specialists of Piper Jaffray, Tudor Pickering Holt &amp; Co., Houlihan Lokey, Intrepid Partners, Petrie Partners Securities, SunTrust<br \/>\nRobinson Humphrey<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>Five Point Holdings<\/strong><br \/>\nSymbol: FPC<br \/>\nPrice: $18.00-$20.00<br \/>\nDescription: They are the largest owner and developer of mixed-use, master-planned communities in coastal California, based on the total number of residential homesites permitted to be built under existing entitled zoning.<br \/>\nTrade Date: 5\/10<br \/>\nShares: 21 million<br \/>\nUnderwriter(s): Citigroup, J.P. Morgan, RBC Capital Markets, Wells Fargo Securities<br \/>\nCo-Manager(s): Deutsche Bank Securities, Evercore ISI, Zelman Partners LLC, JMP Securities<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>The Mota Group<\/strong><br \/>\nSymbol: MOTA<br \/>\nPrice: $9.99-$9.99***<br \/>\nDescription: They design, manufacture and market consumer products&#8230;including recreational and commercial drones, smart wearables and innovative mobile accessories for smartphone and camera users.<br \/>\nTrade Date: TBD<br \/>\nShares: 650 thousand<br \/>\nUnderwriter(s): Joseph Gunnar &amp; Co., Axiom Capital<br \/>\nTerms Added: 4-25-17<br \/>\n***The warrants have an exercise price of $12.49 per share or 125% of the common stock public offering price and expire five years from the date of issuance.***<\/p>\n<p>Company: <strong>Ovid Therapeutics Inc.<\/strong><br \/>\nSymbol: OVID<br \/>\nPrice: $15.00-$17.00<br \/>\nDescription: They are a biopharmaceutical company focused exclusively on developing impactful medicines for patients and families living with rare neurological disorders.<br \/>\nTrade Date:\u00a05\/5<br \/>\nShares: 5 million<br \/>\nUnderwriter(s): Citigroup, Cowen and Company<br \/>\nCoManager(s): William Blair, JMP Securities<br \/>\nTerms Added: 4-24-17<\/p>\n<p>Company: <strong>KKR Real Estate Finance Trust, Inc.<\/strong><br \/>\nSymbol: KREF<br \/>\nPrice: $20.50-$21.50<br \/>\nDescription: KREF is a real estate finance company that focuses primarily on originating and acquiring senior mortgage loans secured by commercial real estate assets.<br \/>\nTrade Date: 5\/5<br \/>\nShares: 10 million<br \/>\nUnderwriter(s): Wells Fargo Securities, Morgan Stanley, KKR, Barclays, Goldman Sachs &amp; Co., J.P. Morgan<br \/>\nCo-Manager(s): Keefe Bruyette &amp; Woods<br \/>\nTerms Added: 4-26-17<\/p>\n<p>Company: <strong>A.S.V., LLC<\/strong><br \/>\nSymbol: ASV<br \/>\nPrice: $8.00-$10.00<br \/>\nDescription: They design and manufacture a broad range of high quality compact track loader and skid steer loader equipment, marketed through a distribution network in North America, Australia and New Zealand under the ASV and Terex brands.<br \/>\nTrade Date:\u00a0Week of 5\/8<br \/>\nShares: 3.8 million<br \/>\nUnderwriter(s): Roth Capital Partners<br \/>\nCo-Manager(s): Seaport Capital<br \/>\nTerms Added: 4-26-17<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Filings and Updated Terms (4.28.17) NEW FILINGS Company: TPG RE Finance Trust, Inc. Symbol: TRTX Price: TBD Description: They are a commercial real estate finance company sponsored by TPG. We directly originate, acquire and manage commercial mortgage loans and other commercial real estate-related debt instruments for our balance sheet. Trade Date: TBD Shares: TBD[&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":[24],"tags":[1143,1182,1142,1072,1180,1179,1176,1178,1177,1183,1181],"class_list":["post-2157","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-amgp","tag-appn","tag-asv","tag-bdfc","tag-bhvn","tag-fpc","tag-kref","tag-mota","tag-ovid","tag-trtx","tag-urgn"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2157","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=2157"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2157\/revisions"}],"predecessor-version":[{"id":2159,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2157\/revisions\/2159"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}