{"id":4638,"date":"2018-07-25T06:14:21","date_gmt":"2018-07-25T10:14:21","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4638"},"modified":"2018-07-25T06:14:34","modified_gmt":"2018-07-25T10:14:34","slug":"bionano-genomics-inc-ipo-preview-bngo","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/bionano-genomics-inc-ipo-preview-bngo\/","title":{"rendered":"Bionano Genomics, Inc. #IPO Preview $BNGO"},"content":{"rendered":"

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

Company: Bionano Genomics, Inc.<\/strong>
\nSymbol: BNGO
\nDescription: They are a life sciences instrumentation company in the genome analysis space.
\nTrade Date: TBD
\nShares: 3.35 million
\nPrice Range: $8.00-$10.00
\nUnderwriter(s): Roth Capital
\nCo-Manager(s): Maxim Group
\nTerms Added: 7-17-18<\/p>\n

Link to Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>: They are a life sciences instrumentation company in the genome analysis space. They develop and market the Saphyr system, a platform for ultra-sensitive and ultra-specific structural variation detection that enables researchers and clinicians to accelerate the search for new diagnostics and therapeutic targets and to streamline the study of changes in chromosomes, which is known as cytogenetics. Their Saphyr system comprises an instrument, chip consumables, reagents and a suite of data analysis tools.<\/p>\n

Insider Buying:\u00a0<\/strong>Certain existing investors have indicated an interest in purchasing an aggregate of up to $6.35 million of shares of their common stock in this offering at the initial public offering price.<\/p>\n

Financials: \u00a0<\/strong>Their total revenues were $6.79 million and $9.51 million and their net loss was $18.85 million and $23.37 million in 2016 and 2017, respectively. In the first half of 2018, their total revenue increased 31.7 % to $5.16 million, and their net loss decreased 42.1% to $7.16 million, compared to the same period in the previous year.<\/p>\n

Licensing Agreement :<\/strong>In January 2004, they\u00a0entered into a license agreement, or the License Agreement, with Princeton University, or Princeton. Pursuant to the License Agreement, they received a worldwide, exclusive right and license to, among other things, manufacture and market products or services utilizing patents and inventions related to our sample preparation, DNA imaging and genomic data analysis platform and other key technology.<\/p>\n

Collaboration:\u00a0<\/strong>They\u00a0have entered into a collaboration agreement, or the Berry Agreement, with Berry Genomics Co., Ltd, or Berry. Under the terms of the Berry Agreement, Berry agreed to develop, market and commercialize a Berry-branded\u00a0in-vitro\u00a0diagnostic, or IVD, system (which is comprised of both kits and instruments) in the People\u2019s\u00a0Republic of China, or the PRC, in certain specified fields, as well as for clinical use by its partners.<\/p>\n

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

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

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\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Bionano Genomics, Inc. Symbol: BNGO Description: They are a life sciences instrumentation company in the genome analysis space. Trade Date: TBD Shares: 3.35 million Price Range: $8.00-$10.00 Underwriter(s): Roth Capital Co-Manager(s): Maxim Group Terms Added: 7-17-18 Link to Prospectus Link to Retail Roadshow Business: They are a life sciences instrumentation company in the genome[…]<\/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":[1535],"class_list":["post-4638","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-bngo"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4638","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=4638"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4638\/revisions"}],"predecessor-version":[{"id":4640,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4638\/revisions\/4640"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}