{"id":4387,"date":"2018-06-08T16:07:55","date_gmt":"2018-06-08T20:07:55","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4387"},"modified":"2018-06-08T16:07:55","modified_gmt":"2018-06-08T20:07:55","slug":"ipo-weekly-recap-opening-week-of-june-starts-slow","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-weekly-recap-opening-week-of-june-starts-slow\/","title":{"rendered":"IPO Weekly Recap: Opening week of June starts slow"},"content":{"rendered":"<p><em><span style=\"font-weight: 400;\">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><b>TRUEST<\/b><span style=\"font-weight: 400;\"> picture of how an IPO is shaping up prior to its debut. We are on <\/span><b>your team. <\/b><span style=\"font-weight: 400;\">Additionally, we provide comprehensive research to outline short and long term risks of the new companies\u2026.. <\/span><b>A full-service firm!<\/b><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">This past week one IPO debuted, 11 IPOs updated terms and a eight new IPOs were filed. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This past week just one of the two IPOs on the schedule debuted.<\/span><\/p>\n<p><b>MeiraGTx Holdings (MGTX) <\/b><span style=\"font-weight: 400;\">priced at the midpoint of the $14-$16 range, $15.00, and opened with just $0.10 of premium. The deal was stabilized \u201cnicely\u201d and traded in a very tight range in the first hour as a public company. \u00a0While MGTX did break the offering price on day one&#8230;the deal closed at $15.00 or flat versus its offering price.\u00a0<\/span><\/p>\n<p><b>M17 Entertainment Holdings (YQ)<\/b><span style=\"font-weight: 400;\">, on the other hand, was a complete mess.<\/span> <span style=\"font-weight: 400;\">This company was scheduled to debut on Thursday but did not. There was a \u201cpossibility\u201d that it would trade Friday, but again did not. It is now considered in day-to-day status and we \u201cexpect\u201d the company will need to file paperwork in order to get back on the road to performing its IPO. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As for this week, there are six deals on the schedule&#8230;click on the logo below to get a brief preview. More comprehensive research and color (Demand) on each of the deal is available for IPO Boutique subscribers.<\/span><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/verrica-pharmaceuticals-ipo-preview\/\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-4380\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/VRCA.jpg\" alt=\"VRCA\" width=\"268\" height=\"117\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/putin-limited-ipo-preview-new\/\" target=\"_blank\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-4376\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/Puxin.jpg\" alt=\"Puxin\" width=\"145\" height=\"43\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/avalara-inc-ipo-preview-avlr\/\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-4372\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/AVLR.jpg\" alt=\"AVLR\" width=\"162\" height=\"35\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/u-s-xpress-enterprises-inc-ipo-preview-usx\/\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4366\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/USX.jpg\" alt=\"USX\" width=\"378\" height=\"51\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/USX.jpg 378w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/USX-300x40.jpg 300w\" sizes=\"(max-width: 378px) 100vw, 378px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/charah-solutions-inc-ipo-preview-chra\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4362\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/CHRA.jpg\" alt=\"CHRA\" width=\"180\" height=\"74\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/adaptive-insights-inc-ipo-preview-adin\/\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-4356\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/06\/ADIN.jpg\" alt=\"ADIN\" width=\"224\" height=\"76\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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[&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-4387","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4387","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=4387"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4387\/revisions"}],"predecessor-version":[{"id":4388,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4387\/revisions\/4388"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}