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

Rubius Therapeutics

09/07/2018 18:03

Near term pipeline of notable IPOs, follow-ons and convertible
offerings, from IFR and other sources:
    
    ** Jul 9: Palo Alto Networks  PANW.N  (US, software)– $1.5bn
5-yr cvt notes, px talk 0.5%-1%, up 27.5%-32.5%. CITI, WF
    ** Jul 10: Adesto Technologies  IOTS.O  (US, semiconductors)
- $40m FO. Shs TBD (100% prim) vs $8.50 last sale @ launch.
COWN, NEED, CANA, ROTH
    ** Jul 17: Crinetics Pharmaceuticals (US, biotech) – $85m
IPO. 5m shs (100% prim), range $15-$17. JPM, LEER, PJ. Nasdaq
"CRNX"
    ** Jul 18: AFG (US, E&P equipment) – $328m IPO. 18.2m shs
(30% prim), range $15-$18. GS, CS, SIMM, BARC, EVER, UBS, WF.
NYSE "AFGL"
    ** Jul 18: Allakos (US, biotech) – $102m IPO. 6m shs (100%
prim), range $15-$17. GS, JEFF. Nasdaq "ALLK"
    ** Jul 18: Constellation Pharmaceuticals  CNST.O  (US,
biotech) – $85m IPO. 5.34m shs (100% prim), range $14-$16. JPM,
JEFF, BMO
    ** Jul 18: Establishment Labs (British Virgin Islands,
medtech) – $53m IPO. 3.13m shs (100% prim), range $15-$17. JEFF,
COWN. Nasdaq "ESTA"
    ** Jul 18: Rubius Therapeutics (US, biotech) – $210m IPO.
9.53m shs (100% prim), range $20-$22. JPM, MS, JEFF, LEER.
Nasdaq "RUBY"
    ** Jul 18: Tilray  TLRY.O  (US/Canada, medical cannabis
cultivation) – $144m IPO. 9m shs (100% prim), range $14-$16.
COWN, ROTH, NORTH. Includes Canadian offering
    ** Jul 18: First Western Financial (US, bank) - $39m IPO.
1.85m shs (81% prim), range $19-$21. KBW, STEPH, SAND
    ** Jul 24: Bloom Energy (US, fuel cells) – $270m IPO. 18m
shs (100% prim), range $13-$15. JPM, MS, CS, KEYB, BAML. NYSE
"BE"

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