<\/p>\n
Our Buy, Neutral or Avoid ratings of the Secondaries below are intended as a recommendation for those who buy Secondaries on a regular basis. For example, this is not to be interpreted as a Buy recommendation in the traditional sense of adding to your stock portfolio; this is a short term (usually one day or opening trade) time period. Spot secondaries or block trades due to the very short duration of announcement to trading, may take longer to \u201cwork\u201d, and should be judged accordingly. (the key is the pricing for spots and or blocks\u2026even more so than scheduled secondaries.<\/p>\n
Company: Mustang Bio
\nSymbol: MBIO
\nPrice: Last Trade $4.57
\nTrade Date: 4\/30
\nRe-Offer Range: $4.00-$4.20
\nShares or Cash Raise: $27.5 million
\nUnderwriter(s): Cantor Fitzgerald & Co., Oppenheimer & Co.
\nCo Manager(s): H.C. Wainwright & Co., Roth Capital Partners
\nDescription: They are a clinical-stage biopharmaceutical company focused on translating today\u2019s medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors and rare genetic diseases.
\nRating = Neutral<\/p>\n
Company: Agree Realty
\nSymbol: ADC
\nPrice: Last Trade $67.21
\nTrade Date: 4\/30
\nRe-Offer Range: $65.50-$66.15
\nShares or Cash Raise:2.75 million
\nUnderwriter(s): Jefferies,Citigroup, Wells Fargo Securities, Raymond James
\nDescription: Agree Realty Corporation is a publicly traded real estate investment trust primarily engaged in the acquisition and development of properties net leased to industry-leading retail tenants.
\nRating = BUY<\/p>\n
Company: Magenta Therapeutics, Inc.
\nSymbol: MGTA
\nPrice: Last Trade $17.01
\nTrade Date: 5\/2
\nShares or Cash Raise:4.25 million
\nUnderwriter(s): J.P. Morgan, Goldman Sachs, Cowen
\nDescription: They are a clinical-stage biotechnology company, develops novel medicines to extend the curative power of stem cell transplant, gene therapy, genome editing, and cell therapy to patients.
\nRating = BUY<\/p>\n
Company: Repligen Corporation
\nSymbol: RGEN
\nPrice: Last Trade $68.89
\nTrade Date: 5\/1
\nShares or Cash Raise: $175 million cash raise
\nUnderwriter(s): J.P. Morgan, Stephens, Janney Montgomery Scott
\nDescription: They are a global bioprocessing company that develops and commercializes highly innovative products that deliver cost and process efficiencies to biological drug manufacturers worldwide.
\nRating = BUY<\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":5,"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":[35,1536],"tags":[722,1777,1778,1779],"class_list":["post-7909","post","type-post","status-publish","format-standard","hentry","category-secondary-offerings","category-subscriber-content","tag-adc","tag-mbio","tag-mgta","tag-rgen"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/7909","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\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=7909"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/7909\/revisions"}],"predecessor-version":[{"id":8987,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/7909\/revisions\/8987"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=7909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=7909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=7909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}