{"id":4566,"date":"2018-07-20T08:54:58","date_gmt":"2018-07-20T12:54:58","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4566"},"modified":"2018-07-20T08:54:58","modified_gmt":"2018-07-20T12:54:58","slug":"aquestive-therapeutics-inc-ipo-preview-aqst","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/aquestive-therapeutics-inc-ipo-preview-aqst\/","title":{"rendered":"Aquestive Therapeutics, Inc. #IPO Preview &#8211; $AQST"},"content":{"rendered":"<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-4567\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.jpg\" alt=\"AQST\" width=\"438\" height=\"106\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.jpg 438w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST-300x73.jpg 300w\" sizes=\"(max-width: 438px) 100vw, 438px\" \/><\/a><\/p>\n<p>Company: <strong>Aquestive Therapeutics, Inc.<\/strong><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><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1398733\/000114036118032464\/s002128x7_s1a.htm\" target=\"_blank\">Link to Prospectus<\/a><\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1709401\/000104746918004887\/a2236172zs-1a.htm\" target=\"_blank\">Link to Retail Roadshow<\/a><\/strong><\/p>\n<p><strong>Business<\/strong>:\u00a0They have a late-stage proprietary product pipeline focused on the treatment of diseases of the Central Nervous System, or CNS. They believe that the characteristics of these patient populations and shortcomings of available treatment options create opportunities for the development and commercialization of meaningfully differentiated medicines. Their most advanced proprietary product candidates, which they intend to commercialize themselves, include (i) Libervant (the preliminary brand name for AQST-203), a buccally, or inside of the cheek, administered soluble film formulation of diazepam for the treatment of recurrent epileptic seizures, for which they expect to submit a New Drug Application, or NDA, in 2018; (ii) Sympazan (the preliminary brand name for AQST-120), an oral soluble film formulation of clobazam for the treatment of seizures associated with a rare, intractable form of epilepsy known as Lennox-Gastaut Syndrome, or LGS, for which they submitted an NDA in October 2017 and have been assigned an August 31, 2018 Prescription Drug User Fee Act, or PDUFA, date, which is the date the U.S. Food and Drug Administration, or FDA, expects to complete its review of their NDA, and (iii) AQST-117, an oral soluble film formulation of riluzole for the treatment of Amyotrophic Lateral Sclerosis, or ALS, for which they expect to submit an NDA in the first half of 2019. They have also developed a proprietary pipeline of complex molecule products addressing large market opportunities beyond CNS indications, which include (i) AQST-108, a sublingual film formulation of epinephrine for the treatment of anaphylaxis, for which they expect to begin additional Phase 1 trials in 2018 and (ii) AQST-305, a buccal film formulation of octreotide for the treatment of acromegaly and neuroendocrine tumors, for which they expect to begin human proof of concept trials in 2018.<\/p>\n<p><a href=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-4568\" src=\"http:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_.jpg\" alt=\"AQST.Drugs\" width=\"1228\" height=\"570\" srcset=\"https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_.jpg 1228w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_-600x279.jpg 600w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_-300x139.jpg 300w, https:\/\/www.ipoboutique.com\/blog\/wp-content\/uploads\/2018\/07\/AQST.Drugs_-1024x475.jpg 1024w\" sizes=\"(max-width: 1228px) 100vw, 1228px\" \/><\/a><\/p>\n<p><strong>Insider Buying:\u00a0<\/strong>Certain existing investors have indicated an interest in purchasing an aggregate of up to $20.0 million of shares of their common stock in this offering at the initial public offering price.<\/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: Aquestive Therapeutics, Inc. Symbol: AQST Description: They have a late-stage proprietary product pipeline focused on the treatment of diseases of the Central Nervous System, or CNS. Trade Date: 7\/25 Shares: 4 million Price Range: $14.00-$16.00 Underwriter(s): BMO, RBC Co-Manager(s): JMP, Wedbush Terms Added: 7-16-18 Link to Prospectus Link to Retail Roadshow Business:\u00a0They have a[&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-4566","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4566","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=4566"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4566\/revisions"}],"predecessor-version":[{"id":4569,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4566\/revisions\/4569"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}