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 BLCM.O (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 MPHM.L (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 MORG.DE (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 SURF.O (US, biotech) – $90m
IPO. 6m shs (100% prim), range $13-$15. GS, COWN, EVER
** Apr 18: Vrio VRIO.N (US, digital entertainment) – $650m
IPO. 29.7m shs (100% prim), range $19-22. GS, JPM, CITI, MS
** Apr 18: Apellis Pharmaceuticals APLS.O (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 GE.N selling 20 pct of holdings. NYSE "PVTL"
** Apr 19: FirstCaribbean International Bank FCIBJ.JS
(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 DOCU.O (US, e-signatures) – $564m IPO.
21.7m shs (74% prim), range $24-$26. MS, JPM
** Apr 26: Goosehead Insurance GSHD.O (US, insurance) –
$137m IPO. 8.5m shs (100% prim), range $14-$16. JPM, BAML
** Apr 26: nLight LASR.O (US, semiconductors) – $81m IPO.
5.4m shs (100% prim), range $13-$15. STFL, RJ
** Apr 26: Smartsheet SMAR.N (US, software) – $140m IPO.
11.6m shs (86% prim), range $10-$12. MS, JPM, JEFF, RBC
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lance.tupper.tr.com@reuters.net))