{"id":22036,"date":"2021-10-08T08:55:16","date_gmt":"2021-10-08T12:55:16","guid":{"rendered":"https:\/\/www.ipoboutique.com\/blog\/?p=22036"},"modified":"2021-10-08T08:55:16","modified_gmt":"2021-10-08T12:55:16","slug":"pipeline-update-four-companies-set-terms-dtc-consumer-brands-file-for-ipo","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/pipeline-update-four-companies-set-terms-dtc-consumer-brands-file-for-ipo\/","title":{"rendered":"Pipeline Update: Four Companies set terms; DTC Consumer Brands File for IPO"},"content":{"rendered":"<p><!--more--><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>NEW FILINGS <\/strong><\/span><\/p>\n<p>Company: HireRight Holdings Corporation<br \/>\nSymbol: HRT (NYSE)<br \/>\nDescription: HireRight is a leading global provider of technology-driven workforce risk management and compliance solutions.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters:Credit Suisse, Goldman Sachs, Barclays, Jefferies, RBC Capital, William Blair, Baird, KeyBanc Capital, Stifel, Truist Securities<br \/>\nCo-Manager(s): Citizens Capital Markets, SPC Capital Markets LLC, Penserra Securities LLC, R. Seelaus &amp; Co., Roberts &amp; Ryan<br \/>\nLink to Prospectus: Filed: 10-6-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: AirSculpt Technologies, Inc.<br \/>\nSymbol: AIRS (Nasdaq)<br \/>\nDescription: They are an experienced, fast-growing national provider of body contouring procedures delivering a premium consumer experience.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Piper Sandler, SVB Leerink<br \/>\nLink to Prospectus: Filed: 10-5-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Udemy, Inc.<br \/>\nSymbol: UDMY (Nasdaq)<br \/>\nDescription: Udemy operates a two-sided marketplace where their instructors develop content to meet learner demand.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, J.P. Morgan, Citigroup, BofA Securities, Jefferies, Truist Securities<br \/>\nCo-Manager(s): KeyBanc Capital, Piper Sandler, William Blair, Baird, Needham &amp; Co<br \/>\nLink to Prospectus: Filed: 10-5-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Solo Brands, Inc.<br \/>\nSymbol: DTC (NYSE)<br \/>\nDescription: Solo Brands is a large, rapidly growing DTC platform that operates four premium outdoor lifestyle brands\u2014Solo Stove, Oru Kayak (\u201cOru\u201d), ISLE Paddle Boards (\u201cISLE\u201d), and Chubbies apparel.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, J.P. Morgan, Jefferies, Citigroup, Credit Suisse, Piper Sandler, William Blair<br \/>\nCo-Manager(s): Fifth Third Securities, Academy Securities, C.L. King &amp; Associates<br \/>\nLink to Prospectus: Filed: 10-4-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Rent the Runway, Inc.<br \/>\nSymbol: RENT (Nasdaq)<br \/>\nDescription: They built the world\u2019s first and largest shared designer closet \u2014 what we call the Closet in the Cloud \u2014 with over 18,000 styles by over 750 designer brands that has transformed the way women get dressed by letting them wear whatever they want, without having to own it.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Goldman Sachs, Morgan Stanley, Barclays, Credit Suisse, Piper Sandler, Wells Fargo Securities, JMP Securities, KeyBanc Capital Markets<br \/>\nCo-Manager(s): Telsey Advisory Group<br \/>\nLink to Prospectus: Filed: 10-4-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Arhaus, Inc.<br \/>\nSymbol: ARHS (Nasdaq)<br \/>\nDescription: Arhaus is a rapidly growing lifestyle brand and omni-channel retailer of premium home furnishings.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, Jefferies, Morgan Stanley, Piper Sandler<br \/>\nCo-Manager(s): Baird, Barclays, Guggenheim Securities, William Blair, Telsey Advisory Group<br \/>\nLink to Prospectus: Filed: 10-4-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: GlobalFoundries, Inc..<br \/>\nSymbol: GFS (Nasdaq)<br \/>\nDescription: They are one of the world\u2019s leading semiconductor foundries. We manufacture complex, feature-rich integrated circuits (\u201cICs\u201d) that enable billions of electronic devices that are pervasive throughout nearly every sector of the global economy.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, BofA Securities, J.P. Morgan, Citigroup, Credit Suisse, Deutsche Bank Securities, HSBC, Jefferies<br \/>\nCo-Manager(s): Baird, Cowen, Needham, Raymond James, Wedbush Securities, Drexel Hamilton, Siebert Williams Shank, IMI Intesa Sanapaolo<br \/>\nLink to Prospectus: Filed: 10-4-21<br \/>\nListed Cash Raise: $1bn<\/p>\n<p>Company: Rivian Automotive, Inc.<br \/>\nSymbol: RIVN (Nasdaq)<br \/>\nDescription: They design, develop, and manufacture category-defining electric vehicles (\u201cEVs\u201d) and accessories.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Goldman Sachs, J.P. Morgan, Barclays, Deutsche Bank, Allen &amp; Co., BofA Securities, Mizuho Securities, Wells Fargo Securities, Nomura, Piper Sandler, RBC Capital, Baird, Wedbush Securities<br \/>\nCo-Manager(s): Academy Securities, Blaylock Van LLC, Cabrera Capital Markets, C.L. King &amp; Associates, Loop Capital Markets, Ramirez &amp; Co., Siebert Williams Shank, Tigress Financial Partners<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Arteris, Inc.<br \/>\nSymbol: AIP (Nasdaq)<br \/>\nDescription: They are a leading provider of interconnect and other intellectual property (\u201cIP\u201d) technology that manages the on-chip communications in System-on-Chip (\u201cSoC\u201d) semiconductor devices.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Jefferies, Cowen, BMO Capital Markets<br \/>\nCo-Manager(s): Northland Capital Markets, Rosenblatt Securities<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $75m<\/p>\n<p>Company: Candela Medical, Inc.<br \/>\nSymbol: CDLA (Nasdaq)<br \/>\nDescription: They are a leading provider of advanced medical device solutions for a broad range of aesthetic applications.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: BofA Securities, Goldman Sachs, Barclays, Baird, Canaccord Genuity, Stifel<br \/>\nCo-Manager(s): Oppenheimer, Stephens Inc., R Seelaus &amp; Co.<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: LianBio<br \/>\nSymbol: LIAN (Nasdaq)<br \/>\nDescription: They are a global, science-driven biopharmaceutical company dedicated to developing and commercializing innovative medicines for patients with unmet medical needs, with an initial focus on in-licensing assets for Greater China and other Asian markets.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Goldman Sachs, Jefferies, BofA Securities<br \/>\nCo-Manager(s): Raymond James<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Xilio Therapeutics, Inc.<br \/>\nSymbol: XLO (Nasdaq)<br \/>\nDescription: They are a biotechnology company focused on harnessing the immune system to achieve deep and durable clinical responses to improve the lives of patients with cancer.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Cowen, Guggenheim Securities<br \/>\nCo-Manager(s): Raymond James<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Informatica Inc.<br \/>\nSymbol: INFA (NYSE)<br \/>\nDescription: They have pioneered a new category of software, the Intelligent Data Management Cloud, or IDMC.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup, Credit Suisse, Deutsche Bank, RBC Capital, UBS Investment Bank, Wells Fargo<br \/>\nCo-Manager(s): Nomura, LionTree, Siebert Williams Shank<br \/>\nLink to Prospectus: Filed: 10-1-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>UPDATED TERMS<\/strong><\/span><\/p>\n<p>Company: Lucid Diagnostics, Inc.<br \/>\nSymbol: LUCD (Nasdaq)<br \/>\nDescription: They are are a commercial-stage medical diagnostics technology company focused on the millions of patients with gastroesophageal reflux disease (GERD), also known as chronic heartburn, acid reflux or simply reflux, who are at risk of developing esophageal precancer and cancer, specifically highly lethal esophageal adenocarcinoma (EAC).<br \/>\nShares: 5 million<br \/>\nPrice Range: $14.00-$16.00<br \/>\nMarket Cap: $518m-$592m<br \/>\nTrade Date: Thursday, 10\/14<br \/>\nUnderwriters: Cantor, Canaccord Genuity<br \/>\nCo-Manager(s): BTIG, Needham<br \/>\nLink to Prospectus: Terms Added: 10-7-21<\/p>\n<p>Pipeli<br \/>\nCompany: AvidXchange Holdings, Inc.<br \/>\nSymbol: AVDX (Nasdaq)<br \/>\nDescription: They are a leading provider of accounts payable, or AP, automation software and payment solutions for middle market businesses and their suppliers.<br \/>\nShares: 22 million<br \/>\nPrice Range: $21.00-$23.00<br \/>\nMarket Cap: $4.0b-$4.4b<br \/>\nTrade Date: Wednesday, 10\/13<br \/>\nUnderwriters: Goldman Sachs, J.P. Morgan, BofA Securities, Barclays, Credit Suisse, KeyBanc Capital, Deutsche Bank, Piper Sandler<br \/>\nCo-Manager(s): Nomura, Fifth Third Securities<br \/>\nLink to Prospectus: Terms Added: 10-4-21<\/p>\n<p>Company: GitLab Inc.<br \/>\nSymbol: GTLB (Nasdaq)<br \/>\nDescription: They pioneered The DevOps Platform, a fundamentally new approach to DevOps consisting of a single codebase and interface with a unified data model.<br \/>\nShares: 10.4 million<br \/>\nPrice Range: $55.00-$60.00<br \/>\nMarket Cap: $7.9b-$8.6b<br \/>\nTrade Date: Thursday, 10\/14<br \/>\nUnderwriters: Goldman Sachs, J.P. Morgan, BofA Securities<br \/>\nCo-Manager(s): UBS Investment Bank, RBC Capital, Truist Securities, Piper Sandler, Cowen, KeyBanc Capital, William Blair<br \/>\nLink to Prospectus: Terms Added: 10-4-21<\/p>\n<p>Company:IHS Holding Limited<br \/>\nSymbol: IHS (NYSE)<br \/>\nDescription: They are one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, providing our customers, most of whom are leading MNOs, with critical infrastructure that facilitates mobile communications coverage and connectivity for 596 million people in emerging markets, across three regions and nine countries.<br \/>\nShares: 22.5 million<br \/>\nPrice Range: $21.00-$24.00<br \/>\nMarket Cap: $6.9b-$7.9b<br \/>\nTrade Date: Thursday, 10\/14<br \/>\nUnderwriters: Goldman Sachs, J.P. Morgan, Citigroup, RBC Capital, Barclays, Absa Bank Limited<br \/>\nCo-Manager(s): Cowen, Investvec, Rencap, RMB, Academy Securities, Loop Capital, Ramirez &amp; Co., Siebert Williams Shank, Tigress Financial Partners<br \/>\nLink to Prospectus: Terms Added: 10-4-21<\/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-22036","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\/22036","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=22036"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/22036\/revisions"}],"predecessor-version":[{"id":22037,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/22036\/revisions\/22037"}],"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=22036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=22036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=22036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}