{"id":2351,"date":"2017-06-16T09:17:34","date_gmt":"2017-06-16T13:17:34","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=2351"},"modified":"2017-06-16T09:17:34","modified_gmt":"2017-06-16T13:17:34","slug":"ipo-pipeline-update-new-filings-updated-terms-week-ending-6-16-17","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-pipeline-update-new-filings-updated-terms-week-ending-6-16-17\/","title":{"rendered":"IPO Pipeline Update – New Filings & Updated Terms (Week Ending 6.16.17)"},"content":{"rendered":"

\"Screen<\/a>IPO Boutique keeps apprised of the active pipeline. Currently there are 63 active IPOs in the pipeline as of June 2, 2016. No SPACs or Unit Offerings are included.<\/p>\n

New Filings & Updated Terms (Week ending 6.16.17)<\/strong><\/span><\/p>\n

NEW FILINGS<\/strong><\/span><\/p>\n

Company: PQ Group Holdings Inc.<\/strong>
\nSymbol: PQG
\nDescription: They are a leading global provider of catalysts, specialty materials and chemicals, and services that enable environmental improvements, enhance consumer products, and increase personal safety.
\nTrade Date: TBD
\nUnderwriter(s): Morgan Stanley, Goldman Sachs & Co., Citigroup, Credit Suisse
\nCo-Manager(s): J.P. Morgan, Jefferies, Deutsche Bank Securities, KeyBanc Capital Markets
\nFiled: 6-9-17
\nListed Cash Raise: $100m<\/p>\n

Company: Compulab Ltd.<\/strong>
\nSymbol: CPUL
\nDescription: They are a global developer and manufacturer of embedded computer systems, fan-less \u201cMini PCs\u201d and a line of recently developed powerful fan-less computing systems, including workstations, entry-level servers, PCs for industrial and homeland security, or HLS, which are less susceptible to the threat of spyware.
\nTrade Date: TBD
\nUnderwriter(s): Maxim Group
\nFiled: 6-12-17
\nListed Cash Raise: $24.15m<\/p>\n

TERMS ADDED<\/strong><\/span><\/p>\n

Company: Altice USA<\/strong>
\nSymbol: ATUS
\nPrice: Altice USA is one of the largest broadband communications and video services providers in the United States.
\nTrade Date: 6\/23
\nShares: 46.5 million
\nPrice Range: $27.00-$31.00
\nUnderwriter(s): J.P. Morgan, Morgan Stanley, Citigroup, Goldman Sachs & Co., BofA Merrill Lynch, Barclays, BNP PARIBAS, Deutsche Bank Securities, RBC Capital Markets
\nCo-Manager(s): Scotiabank, SOCIETE GENERALE, TD Securities
\nTerms Added: 6-12-17<\/p>\n

Company: Safety, Income and Growth, Inc.<\/strong>
\nSymbol: SFTY
\nTrade Date: 6\/22
\nPrice: $19.00-$21.00
\nShares: 10.25 million
\nDescription: They believe that they are the first publicly-traded company formed primarily to acquire, own, manage, finance and capitalize ground net leases, or GNLs.
\nUnderwriter(s): BofA Merrill Lynch, J.P. Morgan, Barclays
\nCo-Manager(s): Citigroup, Raymond James, Mizuho Securities
\nTerms Added: 6-13-17<\/p>\n

Company: Four Springs Capital Trust<\/strong>
\nSymbol: FSPR
\nTrade Date: 6\/23
\nPrice: $17.00-$19.00
\nShares 5.6 million
\nDescription: Four Springs Capital Trust is an internally managed real estate investment trust focused on acquiring, owning and actively managing a portfolio of single-tenant, income producing retail, industrial, medical and other office properties throughout the United States that are subject to long-term net leases.
\nUnderwriter(s): RBC Capital Markets, SunTrust Robinson Humphrey
\nCo-Manager(s): BB&T Capital Markets, Capital One Securities, Ladenburg Thalmann, Wunderlich, Sandler O’Neill + Partners, L.P., Boenning & Scattergood, Inc.
\nTerms Added: 6-13-17<\/p>\n

Company: Granite Point Mortgage Trust<\/strong>
\nSymbol: GPMT
\nDescription: They are a Maryland corporation that focuses primarily on directly originating, investing in and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments.
\nTrade Date: 6\/23
\nShares: 10 million
\nPrice Range: $20.00-$21.00
\nUnderwriter(s): J.P. Morgan, Morgan Stanley, Citigroup, BofA Merrill Lynch
\nCo-Manager: JMP Securities, Keefe Bruyette & Woods
\nTerms Added: 6-15-17<\/p>\n

\"GPMT-Motif\"<\/a><\/p>\n

 <\/p>\n

 <\/p>\n

Company: Tintri, Inc.<\/strong>
\nSymbol: TNTR
\nDescription: Their mission is to provide large organizations and cloud service providers with an enterprise cloud platform that offers public cloud capabilities inside their own data centers and that can also connect to public cloud services.
\nTrade Date: 6\/29
\nShares: 8.7 million
\nPrice Range: $10.50-$12.50
\nUnderwriter(s): Morgan Stanley, BofA Merrill Lynch, Pacific Crest Securities
\nCo-Manager(s): Needham & Company, Piper Jaffray, Raymond James, William Blair
\nFiled: 6-16-17<\/p>\n

Company: Mersana Therapeutics, Inc.<\/strong>
\nSymbol: MRSN
\nDescription: They are a clinical stage biopharmaceutical company focused on developing antibody drug conjugates, or ADCs, that offer a clinically meaningful benefit for cancer patients with significant unmet need.
\nTrade Date: 6\/28
\nShares: 5 million
\nPrice Range: $14.00-$16.00
\nUnderwriter(s): J.P. Morgan, Cowen and Company, Leerink Partners
\nCo-Manager(s): Wedbush PacGrow
\nFiled: 6-16-17<\/p>\n","protected":false},"excerpt":{"rendered":"

IPO Boutique keeps apprised of the active pipeline. Currently there are 63 active IPOs in the pipeline as of June 2, 2016. No SPACs or Unit Offerings are included. New Filings & Updated Terms (Week ending 6.16.17) NEW FILINGS Company: PQ Group Holdings Inc. Symbol: PQG Description: They are a leading global provider of catalysts,[…]<\/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":[24,985],"tags":[1259,1260,1223,1222,1234,1251,1258,1236],"class_list":["post-2351","post","type-post","status-publish","format-standard","hentry","category-ipo","category-news","tag-atus","tag-cpul","tag-fspr","tag-gpmt","tag-mrsn","tag-pqg","tag-sfty","tag-tntr"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2351","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=2351"}],"version-history":[{"count":3,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2351\/revisions"}],"predecessor-version":[{"id":2357,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/2351\/revisions\/2357"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=2351"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=2351"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=2351"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}