{"id":4563,"date":"2018-07-20T08:37:10","date_gmt":"2018-07-20T12:37:10","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4563"},"modified":"2018-07-20T08:37:10","modified_gmt":"2018-07-20T12:37:10","slug":"ipo-pipeline-update-7-20-18","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ipo-pipeline-update-7-20-18\/","title":{"rendered":"IPO Pipeline Update: 7.20.18"},"content":{"rendered":"<p>IPO Boutique keeps apprised of the active pipeline. Currently there are 69\u00a0active IPOs in the pipeline as of July 20, 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><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4564\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM.png\" alt=\"Screen Shot 2018-07-20 at 8.36.25 AM\" width=\"1128\" height=\"396\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM.png 1128w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM-600x211.png 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM-300x105.png 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/Screen-Shot-2018-07-20-at-8.36.25-AM-1024x359.png 1024w\" sizes=\"(max-width: 1128px) 100vw, 1128px\" \/><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>NEW FILINGS<\/strong><\/span><\/p>\n<p>&nbsp;<\/p>\n<p>Company: Urovant Sciences Ltd.<br \/>\nSymbol: UROV<br \/>\nDescription: They are a clinical-stage biopharmaceutical company focused on developing and commercializing innovative therapies for urologic conditions.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): J.P. Morgan, Jefferies, Cowen<br \/>\nFiled: 7-13-18<br \/>\nListed Cash Raise: $150m<\/p>\n<p>Company: Mesa Air Group, Inc.<br \/>\nSymbol: MESA<br \/>\nDescription: They are a regional air carrier providing scheduled passenger service to 110 cities in 38 states, the District of Columbia, Canada, Mexico and the Bahamas.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Raymond James, BofA Merrill Lynch<br \/>\nCo-Manager(s): Cowen, Stifel, Imperial Capital<br \/>\nFiled: 7-13-18<br \/>\nListed Cash Raise: $150m<\/p>\n<p>Company: Remora Royalties, Inc.<br \/>\nSymbol: RRI<br \/>\nDescription: They are a growth-oriented Delaware corporation formed to own and acquire overriding royalty, mineral and royalty interests in oil and natural gas properties.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): RBC Capital, Wells Fargo, UBS Investment Bank<br \/>\nFiled 7-16-18<br \/>\nListed Cash Raise: $100m<\/p>\n<p>Company: Pintec Technology Holdings Limited<br \/>\nSymbol: PT<br \/>\nDescription: They operate a leading independent technology platform enabling financial services in China in terms of loan volume facilitated, according to Oliver Wyman.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Goldman Sachs, Deutsche Bank, Citigroup<br \/>\nFiled 7-16-18<br \/>\nListed Cash Raise: $70m<\/p>\n<p>Company: Ra Medical Systems, Inc.<br \/>\nSymbol: RMED<br \/>\nDescription: They are a commercial-stage medical device company leveraging our advanced excimer laser-based platform for use in the treatment of vascular and dermatological diseases.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Piper Jaffray, Cantor<br \/>\nCo-Manager(s): SunTrust Robinson Humphrey, Nomura<br \/>\nFiled 7-16-18<br \/>\nListed Cash Raise: $86.25m<\/p>\n<p>Company: Pacific City Financial Corporation<br \/>\nSymbol: PCB<br \/>\nDescription: They are a registered bank holding company headquartered in Los Angeles, California.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Keefe Bruyette &amp; Woods, Raymond James, Sandler O&#8217; Neill<br \/>\nFiled 7-17-18<br \/>\nListed Cash Raise: $50m<br \/>\nNote: This stock has traded lightly on the OTC Pink Sheets under the symbol PCFC<\/p>\n<p>Company: Aridis Pharmaceuticals, Inc.<br \/>\nSymbol: ARDS<br \/>\nDescription: They are a late-stage biopharmaceutical company focused on the discovery and development of targeted immunotherapy using fully human monoclonal antibodies, or mAbs, to treat life-threatening infections.<br \/>\nTrade Date: TBD<br \/>\nShares: TBD<br \/>\nPrice Range: TBD<br \/>\nUnderwriter(s): Cantor<br \/>\nCo-Manager(s): Maxim Group, Northland Capital<br \/>\nFiled 7-18-18<br \/>\nListed Cash Raise: $34.5m<\/p>\n<p>TERMS ADDED<\/p>\n<p>Company: Aurora Mobile Limited<br \/>\nSymbol: JG<br \/>\nDescription: They are a leading mobile big data solutions platform in China.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 12 million<br \/>\nPrice Range: $8.50-$10.50<br \/>\nUnderwriter(s): Goldman Sachs, Credit Suisse<br \/>\nTerms Added: 7-13-18<\/p>\n<p>Company: Opera Limited<br \/>\nSymbol: OPRA<br \/>\nDescription: They are one of the world&#8217;s leading browser providers and an influential player in the field of integrated AI-driven digital content discovery and recommendation platforms.<br \/>\nTrade Date: 7\/27<br \/>\nShares: 9 million<br \/>\nPrice Range: $10.00-$12.00<br \/>\nUnderwriter(s): CICC, Citigroup<br \/>\nTerms Added: 7-13-18<\/p>\n<p>Company: Tenable Holdings, Inc.<br \/>\nSymbol: TENB<br \/>\nDescription: They are the first and only provider of solutions for a new category of cybersecurity that we call Cyber Exposure.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 9.2 million<br \/>\nPrice Range: $17.00-$19.00<br \/>\nUnderwriter(s): Morgan Stanley, J.P. Morgan, Allen &amp; Company, Deutsche Bank Securities<br \/>\nCo-Manager(s): Stifel, William Blair, BTIG<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Focus Financial Partners Inc.<br \/>\nSymbol: FOCS<br \/>\nDescription: They are a leading partnership of independent, fiduciary wealth management firms operating in the highly fragmented registered investment advisor industry, with a footprint of over 50 partner firms across the country.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 16.2 million<br \/>\nPrice Range: $35.00-$39.00<br \/>\nUnderwriter(s): Goldman Sachs, BofA Merrill Lynch, KKR, BMO Capital, RBC Capital, SunTrust Robinson Humphrey<br \/>\nCo-Manager(s): Fifth Third Securities, Keefe Bruyette &amp; Woods, MUFG, Raymond James, Regions Securities, William Blair<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Aquestive Therapeutics, Inc.<br \/>\nSymbol: AQST<br \/>\nDescription: They have a late-stage proprietary product pipeline focused on the treatment of diseases of the Central Nervous System, or CNS.<br \/>\nTrade Date: 7\/25<br \/>\nShares: 4 million<br \/>\nPrice Range: $14.00-$16.00<br \/>\nUnderwriter(s): BMO, RBC<br \/>\nCo-Manager(s): JMP, Wedbush<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Pinduoduo Inc.<br \/>\nSymbol: PDD<br \/>\nDescription: They are an innovative and fast growing new e-commerce platform that provides buyers with value-for-money merchandise and fun and interactive shopping experiences.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 85.6 million ADSs<br \/>\nPrice Range: $16.00-$19.00<br \/>\nUnderwriter(s): Credit Suisse, Goldman Sachs (Asia), CICC, China Renaissance<\/p>\n<p>Company: Cango Inc.<br \/>\nSymbol: CANG<br \/>\nDescription: They are a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers and other industry participants.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 12.5 million ADSs<br \/>\nPrice Range: $10.00-$12.00<br \/>\nUnderwriter(s):Morgan Stanley, BofA Merrill Lynch, Goldman Sachs (Asia)<br \/>\nCo-Manager(s); China Merchants Securities (HK), Guotai Junan Securities (Hong Kong) Limited<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Endava, Inc.<br \/>\nSymbol: DAVA<br \/>\nDescription: They are a leading next-generation technology services provider and help accelerate disruption by delivering rapid evolution to enterprises.<br \/>\nTrade Date: 7\/27<br \/>\nShares: 5.6 million ADS<br \/>\nPrice Range: $17.00-$19.00<br \/>\nUnderwriter(s): Morgan Stanley, Citigroup, Deutsche Bank Credit Suisse<br \/>\nCo-Manager(s): Cowen, William Blair<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Berry Petroleum<br \/>\nSymbol: TBD<br \/>\nDescription: They are a California-based independent upstream energy company engaged primarily in the development and production of conventional oil reserves located in the western United States.<br \/>\nTrade Date: 7\/26<br \/>\nShares: 18.75 million<br \/>\nPrice Range: $15.00-$17.00<br \/>\nUnderwriter(s): Goldman Sachs, Wells Fargo, BMO, Evercore ISI, UBS investment Bank<br \/>\nCo-Manager(s): KeyBanc Capital Markets, Capital One Securities, Johnson Rice &amp; Co., Simmons &amp; Company. Tudor, Pickering, Holt &amp; CO., ABN AMRO, ING, BOK Financial Securities, Citizens Capital Markets<br \/>\nTerms Added: 7-16-18<\/p>\n<p>Company: Bionano Genomics, Inc.<br \/>\nSymbol: BNGO<br \/>\nDescription: They are a life sciences instrumentation company in the genome analysis space.<br \/>\nTrade Date: TBD<br \/>\nShares: 3.35 million<br \/>\nPrice Range: $8.00-$10.00<br \/>\nUnderwriter(s): Roth Capital<br \/>\nCo-Manager(s): Maxim Group<br \/>\nTerms Added: 7-17-18<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPO Boutique keeps apprised of the active pipeline. Currently there are 69\u00a0active IPOs in the pipeline as of July 20, 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 &nbsp; Company: Urovant[&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-4563","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4563","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=4563"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4563\/revisions"}],"predecessor-version":[{"id":4565,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4563\/revisions\/4565"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}