{"id":4065,"date":"2018-03-23T14:55:45","date_gmt":"2018-03-23T18:55:45","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4065"},"modified":"2018-03-23T16:31:59","modified_gmt":"2018-03-23T20:31:59","slug":"ipo-weekly-recap-dropbox-dazzles-in-public-markets-debut","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-recap-dropbox-dazzles-in-public-markets-debut\/","title":{"rendered":"IPO Weekly Recap: Dropbox dazzles in public markets’ debut"},"content":{"rendered":"

Place more than four decades of experience on your team. We use a combination of underwriter contacts, global sources and contacts at large institutional funds to provide the <\/span>TRUEST<\/b> picture of how an IPO is shaping up prior to its debut. We are on <\/span>your team. <\/b>Additionally, we provide comprehensive research to outline short and long term risks of the new companies\u2026.. <\/span>A full-service firm!<\/b><\/em><\/p>\n

\"Screen<\/a><\/p>\n

This past week two IPOs debuted, six IPOs updated terms and at the time of this writing… six new IPOs were filed. <\/span><\/p>\n

 <\/p>\n

\"dropboxjpg\"<\/a><\/p>\n

Dropbox Inc (DBX) <\/b>made its highly-anticipated market debut a dazzling success. The IPO, which was more than <\/span>25-times oversubscribed <\/b>according to our sources, priced at $21.00 or $3.00 over the initial range ($1.00 over the upwardly-revised $18-$20 range) and opened with a first trade of $29.00 for a gain of 39.1%. This gave the unicorn a $12bn market cap or <\/span>20% above its final private round of funding<\/b>. This should be considered a major win for unicorns waiting in the wings to go public. \u00a0Dropbox hit a first day high of $31.60. Even more impressive with the Dropbox story this week- was that the book saw no attrition due to market conditions (Dow closed -700 point the day of pricing). DBX did sell off toward the end of the day and closed at $28.48…overall a very impressive debut.<\/span><\/p>\n

\"SunlandsOnline\"<\/a><\/p>\n

The other IPO to come to market, Sunlands Online Education Group (STG)<\/strong>, priced at the low-end of the range, $11.50, and opened with a 13.9% gain at first trade. However, within hours the Chinese education company broke its offering price. STG closed the day at $11.10 or 3.5% below the offering price. It should be noted that Sunlands Online Education Group’s low for its opening session was 10.02…a more than four dollar spread from LOD to HOD.<\/span><\/p>\n

\"PolyPid\"<\/a><\/p>\n

A third IPO was scheduled to debut, PolyPid Ltd (POLY)<\/strong>, but for the third time in its company\u2019s history…the deal was postponed due to market conditions. Our sources indicate that a deal was \u201cin place\u201d but management chose not to price its offering at a discount. <\/span><\/p>\n

Looking ahead to this week, there are<\/span> seven IPOs on the schedule, <\/b>click on the images below for a preview of each deal scheduled to come to market.<\/p>\n

\"Unum\"<\/a><\/p>\n

 <\/p>\n

\"IQIYI\"<\/a><\/p>\n

 <\/p>\n

\"ibex\"<\/a><\/p>\n

\"bilbil\"<\/a><\/p>\n

\"OneSmart\"<\/a><\/p>\n

\"Homology\"<\/a><\/p>\n

\"GreenTree\"<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Place more than four decades of experience on your team. We use a combination of underwriter contacts, global sources and contacts at large institutional funds to provide the TRUEST picture of how an IPO is shaping up prior to its debut. We are on your team. Additionally, we provide comprehensive research to outline short and[…]<\/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":[1],"tags":[],"class_list":["post-4065","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4065","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=4065"}],"version-history":[{"count":6,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4065\/revisions"}],"predecessor-version":[{"id":4079,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4065\/revisions\/4079"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}