April 17, 2018 / 4:53 PM / 8 months ago

BUZZ-IFR's upcoming US IPOs, follow-ons + convertibles

Near term pipeline of notable IPOs, follow-ons and convertible offerings, from IFR and other sources:

** Apr 17: Bellicum Pharmaceuticals (US, biotech) – $62m FO. 7m shs (100% prim) vs $8.97 last sale @ launch. CITI, JEFF

** Apr 18: GrafTech International (US, graphite electrodes maker) – $906m IPO. 37.8m shs (100% sec), range $21-$24. JPM, CS, CITI, RBC, HSBC, BMO. NYSE “EAF”

** Apr 18: Mereo BioPharma (UK, biotech) – $70m IPO. 15.9m ordinary shs, 2.8m ADSs/4.5m ordinary shs (100% prim) marketed off £3.17 ($17.62 per ADS) London AIM launch. COWN, BMO, RBC

** Apr 18: MorphoSys (Germany, biotech) – $200m IPO. 8.3m ADS (100% prim) marketed off €78.85 ($24.12) launch on Frankfurt Stock Exchange. GS, JPM, LEER

** Apr 18: Surface Oncology (US, biotech) – $90m IPO. 6m shs (100% prim), range $13-$15. GS, COWN, EVER

** Apr 18: Vrio (US, digital entertainment) – $650m IPO. 29.7m shs (100% prim), range $19-22. GS, JPM, CITI, MS

** Apr 18: Apellis Pharmaceuticals (US, biotech) – $150m FO. 5m shs (100% prim) vs $30.00 last sale @ launch. CITI, JPM, COWN

** Apr 19: Pivotal Software (US, software development) – $592m IPO. 37m shs (90% prim), range $14-$16. MS, GS, CITI. General Electric selling 20 pct of holdings. NYSE “PVTL”

** Apr 19: FirstCaribbean International Bank (Barbados, banking) – $240m IPO. 9.6m shs (100% sec), range $22-$25. BARC, UBS, CIBC. Shares being sold by parent CIBC

** Apr 25: Ceridian HCM (US, human resources software) – $441m IPO. 21m shs (100% prim), range $19-$21. GS, JPM, CS, DB, BARC, CITI, JEFF, CIBC, WF. NYSE/TSX “CDAY”

** Apr 26: DocuSign (US, e-signatures) – $564m IPO. 21.7m shs (74% prim), range $24-$26. MS, JPM

** Apr 26: Goosehead Insurance (US, insurance) – $137m IPO. 8.5m shs (100% prim), range $14-$16. JPM, BAML

** Apr 26: nLight (US, semiconductors) – $81m IPO. 5.4m shs (100% prim), range $13-$15. STFL, RJ

** Apr 26: Smartsheet (US, software) – $140m IPO. 11.6m shs (86% prim), range $10-$12. MS, JPM, JEFF, RBC

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below