{"id":3952,"date":"2018-03-02T16:26:18","date_gmt":"2018-03-02T21:26:18","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=3952"},"modified":"2018-03-02T16:35:28","modified_gmt":"2018-03-02T21:35:28","slug":"ipo-pipeline-update-week-ending-3-2-18","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-pipeline-update-week-ending-3-2-18\/","title":{"rendered":"IPO Pipeline Update (Week ending 3.2.18)"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2017\/09\/Screen-Shot-2017-09-22-at-9.34.24-AM.png\"><br \/>\n<\/a>IPO Boutique keeps apprised of the active pipeline. Currently there are 45 active IPOs in the pipeline as of March 2, 2018. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why \u201clooks may be perceiving\u201d when it comes to the IPO pipeline\u00a0<a href=\"http:\/\/www.ipoboutique.com\/blog\/?p=2877\" target=\"_blank\"><strong>in this article.<\/strong><\/a><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-3954\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/03\/Screen-Shot-2018-03-02-at-4.31.47-PM.png\" alt=\"Screen Shot 2018-03-02 at 4.31.47 PM\" width=\"787\" height=\"351\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/03\/Screen-Shot-2018-03-02-at-4.31.47-PM.png 787w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/03\/Screen-Shot-2018-03-02-at-4.31.47-PM-600x268.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/03\/Screen-Shot-2018-03-02-at-4.31.47-PM-300x134.png 300w\" sizes=\"(max-width: 787px) 100vw, 787px\" \/><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>NEW FILINGS<\/strong><\/span><\/p>\n<p>Company: Dropbox, Inc.<br \/>\nSymbol: DBX<br \/>\nDescription: Dropbox is a global collaboration platform where content is created, accessed, and shared with the world.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Goldman Sachs &amp; Co., J.P. Morgan, Deutsche Bank Securities, Allen &amp; Company LLC, BofA Merrill Lynch, RBC Capital Markets, Jefferies, Macquarie Capital<br \/>\nCo-Manager(s): Canaccord Genuity, JMP Securities, KeyBanc Capital Markets, Piper Jaffray<br \/>\nFiled: 2-23-18<br \/>\nListed Cash Raise: $500m<\/p>\n<p>Company: IBEX Holdings Limited<br \/>\nSymbol: IBEX<br \/>\nDescription: They are a leading end-to-end provider of technology-enabled customer lifecycle experience solutions.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Baird, Piper Jaffray, William Blair, SunTrust Robinson Humphrey<br \/>\nFiled: 2-23-18<br \/>\nListed Cash Raise: $75m<\/p>\n<p>Company: Sunlands Online Education Group<br \/>\nSymbol: STG<br \/>\nDescription: They are the leader in China\u2019s online post-secondary and professional education in terms of gross billings in 2017, according to iResearch.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Goldman Sachs (Asia), J.P. Morgan, Credit Suisse<br \/>\nCo-Manager(s): CLSA<br \/>\nFiled: 2-23-18<br \/>\nListed Cash Raise: $300m<\/p>\n<p>Company: GreenTree Hospitality Group Ltd.<br \/>\nSymbol: GHG<br \/>\nDescription: They are the leading pure play franchised hotel operator in China as franchised-and-managed hotels represent almost all of the hotels in their hotel network.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Morgan Stanley, BofA Merrill Lynch, UBS Investment Bank<br \/>\nFiled: 2-27-18<br \/>\nListed Cash Raise: $200m<\/p>\n<p>Company: iQIYI, Inc.<br \/>\nSymbol: IQ<br \/>\nDescription: They are an innovative market-leading online entertainment service in China.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Goldman Sachs (Asia), Credit Suisse, BofA Merrill Lynch, China Renaissance, Citigroup, UBS Investment Bank<br \/>\nFiled: 2-27-18<br \/>\nListed Cash Raise: $1.5bn<\/p>\n<p>Company: Spotify Technology S.A.<br \/>\nSymbol: SPOT<br \/>\nDescription: Their mission is to unlock the potential of human creativity by giving a million creative artists the opportunity to live off their art and billions of fans the opportunity to enjoy and be inspired by these creators.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): None (Direct Listing)<br \/>\nFiled: 2-28-18<br \/>\nListed Cash Raise: $1bn<\/p>\n<p>Company: Bilibili Inc.<br \/>\nSymbol: BILI<br \/>\nDescription: They represent the iconic brand of online entertainment for the young generations in China. They provide high-quality content and an immersive entertainment experience, and have built their platform based on the strong emotional connections of their users to their content and communities.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Morgan Stanley, BofA Merrill Lynch, J.P. Morgan<br \/>\nFiled: 3-2-18<br \/>\nListed Cash Raise: $400m<\/p>\n<p>Company: OneSmart International Education Group Limited<br \/>\nSymbol: ONE<br \/>\nDescription: They are the largest premium K-12 after-school education service provider in China in terms of revenue in 2016 and 2017, according to Frost &amp; Sullivan.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Morgan Stanley, Deutsche Bank Securities, UBS Investment Bank<br \/>\nFiled: 3-2-18<br \/>\nListed Cash Raise: $300m<\/p>\n<p>Company: Homology Medicines, Inc.<br \/>\nSymbol: FIXX<br \/>\nDescription: They are a genetic medicines company dedicated to transforming the lives of patients suffering from rare genetic diseases with significant unmet medical needs by curing the underlying cause of the disease.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): BofA Merrill Lynch, Cowen, Evercore ISI<br \/>\nCo-Manager: BTIG<br \/>\nFiled: 3-2-18<br \/>\nListed Cash Raise: $100m<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>TERMS ADDED<\/strong><\/span><\/p>\n<p>Company: BioXcel Therapeutics, Inc.<br \/>\nSymbol: BTAI<br \/>\nDescription: They are a clinical stage biopharmaceutical company focused on drug development that utilizes novel artificial intelligence, or AI, to identify the next wave of medicines across neuroscience and immuno-oncology.<br \/>\nTrade Date: 3\/8<br \/>\nShares: 5 million<br \/>\nPrice Range: $11.00-$13.00<br \/>\nUnderwriter(s): Barclays, UBS Investment Bank, BMO Capital Markets<br \/>\nCo-Manager(s): Canaccord Genuity<br \/>\nTerms Added: 2-27-18<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO Boutique keeps apprised of the active pipeline. Currently there are 45 active IPOs in the pipeline as of March 2, 2018. No SPACs or Unit Offerings are included. While the numbers may look diminished, we outlined why \u201clooks may be perceiving\u201d when it comes to the IPO pipeline\u00a0in this article. NEW FILINGS Company: Dropbox,[&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":[],"class_list":["post-3952","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3952","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=3952"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3952\/revisions"}],"predecessor-version":[{"id":3955,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/3952\/revisions\/3955"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=3952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=3952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=3952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}