{"id":3707,"date":"2018-01-19T20:20:02","date_gmt":"2018-01-20T01:20:02","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3707"},"modified":"2018-01-19T20:20:02","modified_gmt":"2018-01-20T01:20:02","slug":"solid-biosciences-llc-ipo-preview-sldb","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/solid-biosciences-llc-ipo-preview-sldb\/","title":{"rendered":"Solid Biosciences LLC #IPO Preview $SLDB"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SolidBiosciences.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-3708\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SolidBiosciences.jpg\" alt=\"SolidBiosciences\" width=\"288\" height=\"90\" \/><\/a><\/p>\n<p>Company: Solid Biosciences Inc.<br \/>\nSymbol: SLDB<br \/>\nDescription: Their mission is to cure Duchenne muscular dystrophy, or DMD, a genetic muscle-wasting disease predominantly affecting boys, with symptoms that usually manifest between three and five years of age.<br \/>\nShares: 5.89 million<br \/>\nPrice Range: $16.00-$18.00<br \/>\nTrade Date: 1\/25<br \/>\nUnderwriter(s): J.P. Morgan, Goldman Sachs &amp; Co., Leerink Partners<br \/>\nCo-Manager(s): Nomura, Chardan<br \/>\nTerms Added: 1-16-18<\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1707502\/000119312518010563\/d404258ds1a.htm\" target=\"_blank\">Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"http:\/\/www.retailroadshow.com\/wp\/roadshows.asp\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>: Their lead product candidate,\u00a0SGT-001,\u00a0is a gene transfer under development to restore functional dystrophin protein expression in patients\u2019 muscles. Based on their\u00a0preclinical program that included multiple animal species of different phenotypes and genetic variations, they believe the mechanism of action of\u00a0SGT-001,\u00a0if their\u00a0clinical trials prove to be successful, has the potential to slow or even halt the progression of DMD, regardless of the type of genetic mutation or stage of the disease.<a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SLDB.Drugs_.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3721\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SLDB.Drugs_.jpg\" alt=\"SLDB.Drugs\" width=\"608\" height=\"248\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SLDB.Drugs_.jpg 608w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SLDB.Drugs_-600x245.jpg 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/01\/SLDB.Drugs_-300x122.jpg 300w\" sizes=\"(max-width: 608px) 100vw, 608px\" \/><\/a><\/p>\n<p><strong>Insider Buying: <\/strong>Certain of their existing stockholders have indicated an interest in purchasing an aggregate of approximately $40.0 million of shares of our common stock in this offering at the initial public offering price.<\/p>\n<p><strong>Collaboration &amp; License Agreement:\u00a0<\/strong>This company has licensing agreements with the University of Washington, University of Missouri, University of Michigan and Harvard College. Additionally, in 2016, they\u00a0entered into a license agreement with Life Technologies Corporation, or Life Technologies. In consideration for obtaining a\u00a0non-exclusive,\u00a0royalty-free, worldwide license to use certain technologies and associated\u00a0know-how\u00a0to develop their\u00a0product candidates, we paid a\u00a0one-time,\u00a0non-refundable\u00a0license fee.<\/p>\n<p><strong>Patents: <\/strong>They have exclusively licensed three issued U.S. patents, one pending U.S. non-provisional patent application, and seven issued patents and eleven pending patent applications in foreign jurisdictions. They\u00a0have filed two pending U.S. provisional patent applications. We intend to continue building out our intellectual property protection to further strengthen our position in the DMD field.<\/p>\n<p><strong>Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n<p><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><span style=\"font-weight: 400;\">IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n<p><strong>Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0<a href=\"https:\/\/www.ipoboutique.com\/cgi\/ipo-track-record-summary-report.php\"><span style=\"font-weight: 400;\">track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here&#8217;s a<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=3655\"> 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique&#8217;s service.<\/p>\n<p><b>Indicate with confidence,\u00a0<\/b><a href=\"https:\/\/www.ipoboutique.com\/Subscribe.html\"><b>SUBSCRIBE<\/b><\/a><b>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Company: Solid Biosciences Inc. Symbol: SLDB Description: Their mission is to cure Duchenne muscular dystrophy, or DMD, a genetic muscle-wasting disease predominantly affecting boys, with symptoms that usually manifest between three and five years of age. Shares: 5.89 million Price Range: $16.00-$18.00 Trade Date: 1\/25 Underwriter(s): J.P. Morgan, Goldman Sachs &amp; Co., Leerink Partners Co-Manager(s):[&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":[1455],"class_list":["post-3707","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-sldb"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3707","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=3707"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3707\/revisions"}],"predecessor-version":[{"id":3722,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3707\/revisions\/3722"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}