{"id":2189,"date":"2017-05-08T16:51:39","date_gmt":"2017-05-08T20:51:39","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2189"},"modified":"2017-05-08T16:59:35","modified_gmt":"2017-05-08T20:59:35","slug":"2189","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/2189\/","title":{"rendered":"Secondaries Announced 5.8.17"},"content":{"rendered":"

IPO BOUTIQUE CLIENTS\u00a0and\u00a0IPO BOUTIQUE SECONDARY ALERTS CLIENTS\u00a0received ALL this information to their inbox on a\u00a0REAL TIME\u00a0basis.<\/strong><\/h4>\n

If having\u00a0real-time alerts for secondary offerings<\/strong><\/a>\u00a0would be an advantage to you,\u00a0inquire about a subscription today!<\/a><\/p>\n

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

Company: Becton, Dickinson and Company<\/strong>
\nSymbol: BDX
\nPrice: Last Trade $185.40
\nTrade Date 5\/11
\nShares: 12.1 million
\nUnderwriter(s) Citigroup, J.P. Morgan, Morgan Stanley, Wells Fargo Securities, BNP PARIBAS, MUFG, Barclays
\nCo-Manager Scotiabank; BTIG; BNY Mellon Capital Markets, LLC; ING; Loop Capital Markets; and The Williams Capital Group, L.P.
\nRating = Subscription Needed<\/a><\/p>\n

Note: $2.25bn of Depository Shares to be sold — Depository shares represent a 1\/20th interest in its mandatory convertible preferred stock.<\/p>\n

Company: Argenx N.V.<\/strong>
\nSymbol: ARGX
\nPrice: Last Trade ~ $18.18
\nTrade Date: 5\/18
\nShares: 3.6 million ADS
\nUnderwriter(s) Cowen and Company, Piper Jaffray
\nCo-Manager(s) JMP Securities, Wedbush PacGrow
\nRating = Neutral<\/p>\n

Note: Their ordinary shares are listed on Euronext Brussels under the symbol ‘ARGX’. On May 5, 2017, the last reported sale price of their ordinary shares on Euronext Brussels was \u20ac16.59 per share, equivalent to a price of $18.18 per share, based on an exchange rate of $1.0961 to \u20ac1.00.<\/p>\n

Company: Fogo de Chao, Inc.<\/strong>
\nSymbol: FOGO
\nPrice: Last Trade $16.65
\nTrade Date: 5\/12
\nShares: 4.5 million
\nUnderwriter(s) Jefferies, J.P. Morgan, Credit Suisse, Piper Jaffray, RBC Capital, Wells Fargo, Deutsche Bank Securities, Macquarie Capital
\nRating = Subscription Needed<\/a><\/p>\n

Company: Gladstone Investment Corporation<\/strong>
\nSymbol: GAIN
\nPrice: Last Trade $9.65
\nTrade Date: 5\/9
\nRe-offer Range: Subscription Needed<\/a>
\nShares: 2.6 million
\nUnderwriter(s) Janney Montgomery Scott, Ladenburg Thalmann
\nCo-Manager(s) William Blair, Wunderlich, Maxim Group, BB&T Capital Markets, Nomura, J.J.B Hilliard, W.L. Lyons, Wedbush Securities
\nRating = Subscription Needed<\/a><\/p>\n

Company: Accelerate Diagnostics, Inc.<\/strong>
\nSymbol: AXDX
\nPrice: Last Trade $29.15
\nTrade Date: 5\/10
\nShares: 2.5 million
\nUnderwriter(s) J.P. Morgan, William Blair & Company, Piper Jaffray
\nCo-Manager(s): BTIG
\nRating = Subscription Needed<\/a><\/p>\n

Company: Armada Hoffler Properties, Inc.<\/strong>
\nSymbol: AHH
\nPrice: Last Trade $13.78
\nTrade Date: 5\/9
\nRe-offer Range: Subscription Needed<\/a>
\nShares: 6 million
\nUnderwriter(s) BofA Merrill Lynch, Stifel, Baird, Raymond James
\nCo-Manager(s): Janney Montgomery Scott, Wunderlich
\nRating = Subscription Needed<\/a><\/p>\n

Company: Cytokinetics, Incorporated<\/strong>
\nSymbol: CYTK
\nPrice: Last Trade $15.65
\nTrade Date: 5\/9
\nRe-offer Range: Subscription Needed<\/a>
\nShares: 4.8 million
\nUnderwriter(s) Morgan Stanley
\nRating = Subscription Needed<\/a><\/p>\n

Company: Preferred Apartment Communities, Inc.<\/strong>
\nSymbol: APTS
\nPrice: Last Trade $15.87
\nTrade Date: 5\/9
\nRe-offer Range: Subscription Needed<\/a>
\nShares: 2.75 million
\nUnderwriter(s) Deutsche Bank Securities
\nCo-Manager JonesTrading Institutional Services
\nRating = Subscription Needed<\/a><\/p>\n

Company: Black Knight Financial Services, Inc.<\/strong>
\nSymbol: BKFS
\nPrice: Last Trade $40.60
\nTrade Date: 5\/9
\nRe-offer Range: Subscription Needed<\/a>
\nShares: 5 million
\nUnderwriter(s) J.P. Morgan
\nRating = Subscription Needed<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

IPO BOUTIQUE CLIENTS\u00a0and\u00a0IPO BOUTIQUE SECONDARY ALERTS CLIENTS\u00a0received ALL 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 who buy Secondaries on a regular basis.[…]<\/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":[34,719,1202,1200,1199,1201,475,194],"class_list":["post-2189","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings","tag-aaap","tag-ahh","tag-apts","tag-argx","tag-bdx","tag-cytk","tag-fogo","tag-gain"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2189","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=2189"}],"version-history":[{"count":4,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2189\/revisions"}],"predecessor-version":[{"id":2193,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2189\/revisions\/2193"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}