{"id":22683,"date":"2021-11-05T13:57:51","date_gmt":"2021-11-05T17:57:51","guid":{"rendered":"https:\/\/www.ipoboutique.com\/blog\/?p=22683"},"modified":"2021-11-05T13:57:51","modified_gmt":"2021-11-05T17:57:51","slug":"pipeline-update-rivian-automotive-among-nine-to-set-ipo-terms","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/pipeline-update-rivian-automotive-among-nine-to-set-ipo-terms\/","title":{"rendered":"PIPELINE UPDATE: Rivian Automotive among nine to set IPO terms"},"content":{"rendered":"<p><span style=\"text-decoration: underline;\"><strong>NEW FILINGS<\/strong><\/span><\/p>\n<p>Company: HashiCorp, Inc.<br \/>\nSymbol: HCP (Nasdaq)<br \/>\nDescription: Their foundational technologies solve the core infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds.<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup<br \/>\nCo-Manager(s): Cowen, JMP Securities, KeyBanc Capital, Nomura, Oppenheimer, Stifel, William Blair, Blaylock Van LLC, R. Seelaus &amp; Co.<br \/>\nLink to Prospectus: Filed: 11-4-21<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Nu Holdings Ltd.<br \/>\nSymbol: NU (NYSE)<br \/>\nDescription: They believe Nu is one of the world\u2019s largest digital banking platforms (based on number of customers), and one of the leading technology companies in the world, with 48.1 million customers across Brazil, Mexico and Colombia as of September 30, 2021.<br \/>\nShares: 289.2 million ADSs<br \/>\nPrice Range: TBD<br \/>\nMarket Cap: TBD<br \/>\nTrade Date: TBD<br \/>\nUnderwriters: Morgan Stanley, Goldman Sachs, Citigroup, NuInvest, Allen &amp; Co., HSBC, UBS Investment Bank<br \/>\nCo-Manager(s): Autonomous, KeyBanc Capital, Nau Securities, Nomura, Numis, Susquehanna Financial<br \/>\nLink to Prospectus: Terms Added: 11-1-21<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>TERMS ADDED<\/strong><\/span><\/p>\n<p>Company: Vaxxinity, Inc.<br \/>\nSymbol:VAXX (Nasdaq)<br \/>\nDescription: They are a purpose-driven biotechnology company committed to democratizing healthcare across the globe.<br \/>\nShares: 6.7 million<br \/>\nPrice Range: $14.00-$16.00<br \/>\nMarket Cap: $1.6b-$1.8b<br \/>\nTrade Date: Thursday, 11\/11<br \/>\nUnderwriters: BofA Securities, Jefferies, Evercore ISI<br \/>\nLink to Prospectus: Terms Added: 11-5-21<\/p>\n<p>Company: Mynaric AG<br \/>\nSymbol: MYNA (Nasdaq)<br \/>\nDescription: They believe they are a leading developer and manufacturer (in terms of production capacity) of advanced laser communication technology for aerospace communications networks in government and commercial markets. Their ordinary shares are listed on the Frankfurt Stock Exchange under the symbol \u201cM0Y.<br \/>\nShares: 4 million ADSs<br \/>\nPrice Range: $17.48-$17.48<br \/>\nMarket Cap: $356m-$356m<br \/>\nTrade Date: Thursday, 11\/11<br \/>\nUnderwriters: Credit Suisse, Jefferies<br \/>\nCo-Manager: Canaccord Genuity, Beech Hill Securities<br \/>\nLink to Prospectus: Terms Added: 11-4-21<\/p>\n<p>Company: Weave Communications, Inc.<br \/>\nSymbol: WEAV (NYSE)<br \/>\nDescription: They are a leading all-in-one customer communications and engagement software platform for small and medium-sized businesses.<br \/>\nShares: 5 million<br \/>\nPrice Range: $25.00-$28.00<br \/>\nMarket Cap: $1.6b-$1.8b<br \/>\nTrade Date: Thursday, 11\/11<br \/>\nUnderwriters: Goldman Sachs, BofA Securities, Citigroup<br \/>\nCo-Manager: Piper Sandler, Raymond James, Stifel, William Blair, Guggenheim Securities, Academy Securities, Loop Capital Markets, Tigress Financial Partners<br \/>\nLink to Prospectus: Terms Added: 11-2-21<\/p>\n<p>Company: Backblaze, Inc.<br \/>\nSymbol: BLZE (Nasdaq)<br \/>\nDescription: They are a leading storage cloud platform, providing businesses and consumers cloud services to store, use, and protect their data in an easy and affordable manner.<br \/>\nShares: 6.25 million<br \/>\nPrice Range: $15.00-$17.00<br \/>\nMarket Cap: $428m-$485m<br \/>\nTrade Date: Thursday, 11\/11<br \/>\nUnderwriters: Oppenheimer, William Blair, Raymond James<br \/>\nCo-Manager(s): JMP Securities, B.Riley Securities, Lake Street<br \/>\nLink to Prospectus: Terms Added: 11-2-21<\/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: 135 million<br \/>\nPrice Range: $57.00-$62.00<br \/>\nMarket Cap: $49.1b-$53.4b<br \/>\nTrade Date: Wednesday, 11\/10<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: Terms Added: 11-1-21<\/p>\n<p>Company: CI&amp;T Inc<br \/>\nSymbol: CINT (NYSE)<br \/>\nDescription: CI&amp;T is a provider of strategy, design and software engineering services to enable digital transformation for the world\u2019s largest enterprises and fast growing companies.<br \/>\nShares: 19.4 million<br \/>\nPrice Range: $17.00-$19.00<br \/>\nMarket Cap: $2.25b-$2.5b<br \/>\nTrade Date: Wednesday, 11\/10<br \/>\nUnderwriters: Goldman Sachs, Citigroup, J.P. Morgan, Morgan Stanley, Itau BBA, BofA Securities, Bradesco BBI<br \/>\nLink to Prospectus: Terms Added: 11-1-21<\/p>\n<p>Company: Lulu\u2019s Fashion Lounge Holdings, Inc.<br \/>\nSymbol: LVLU (Nasdaq)<br \/>\nDescription: Lulus is a customer-driven, digitally-native fashion brand primarily serving Millennial and Gen Z women. They focus relentlessly on giving our customers what they want.<br \/>\nShares: 5.75 million<br \/>\nPrice Range: $16.00-$19.00<br \/>\nMarket Cap: $595m-$707m<br \/>\nTrade Date: Thursday, 11\/11<br \/>\nUnderwriters: Goldman Sachs, BofA Securities, Jefferies,<br \/>\nCo-Manager: Baird, Cowen, KeyBanc Capital, Piper Sandler, Telsey Advisory Group<br \/>\nLink to Prospectus: Terms Added: 11-1-21<\/p>\n<p>Company: Third Coast Bancshares, Inc<br \/>\nSymbol: TCBX (Nasdaq)<br \/>\nDescription: They are a commercially-focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through our wholly owned subsidiary, Third Coast Bank, SSB, or the Bank, a Texas state savings bank, and the Bank\u2019s wholly owned subsidiary, Third Coast Commercial Capital, Inc., or TCCC, a Texas corporation and commercial finance company.<br \/>\nShares: 3 million<br \/>\nPrice Range: $24.00-$26.00<br \/>\nMarket Cap: $296m-$320m<br \/>\nTrade Date: Tuesday, 11\/9<br \/>\nUnderwriters: Stephens Inc., Piper Sandler, Deutsche Bank Securities<br \/>\nLink to Prospectus: Terms Added: 11-1-21<\/p>\n<p>Company: Expensify, Inc.<br \/>\nSymbol: EXFY (Nasdaq)<br \/>\nDescription: Expensify is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money.<br \/>\nShares: 9.7 million<br \/>\nPrice Range: $23.00-$25.00<br \/>\nMarket Cap: $1.86b-$2.02<br \/>\nTrade Date: Wednesday, 11\/10<br \/>\nUnderwriters: J.P. Morgan, Citigroup, BofA Securities<br \/>\nCo-Manager: Piper Sandler, JMP Securities, Loop Capital<br \/>\nLink to Prospectus: Terms Added: 11-1-21<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW FILINGS Company: HashiCorp, Inc. Symbol: HCP (Nasdaq) Description: Their foundational technologies solve the core infrastructure challenges of cloud adoption by enabling an operating model that unlocks the full potential of modern public and private clouds. Shares: TBD Price Range: TBD Trade Date: TBD Underwriters: Morgan Stanley, Goldman Sachs, J.P. Morgan, BofA Securities, Citigroup Co-Manager(s):[&hellip;]<\/p>\n","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],"tags":[],"class_list":["post-22683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-spotlight"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/22683","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=22683"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/22683\/revisions"}],"predecessor-version":[{"id":22684,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/22683\/revisions\/22684"}],"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=22683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=22683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=22683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}