Initial public offerings scheduled to debut next week
NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of May 6.
AGBA Acquisition - Kowloon, Hong Kong, 4 million shares, priced at $10, managed by Maxim Group LLC. Proposed Nasdaq symbol AGBAU. Business: Blank check company targeting the service sector in China.
Applied Therapeutics - New York, 4 million shares, priced $14-$16, managed by Citi/Cowen. Proposed Nasdaq symbol APLT. Business: Phase 2 biotech developing therapies for diabetic cardiomyopathy.
Axcella Health - Cambridge, Mass., 3.6 million shares, priced $20-$22, managed by Goldman Sachs/JP Morgan. Proposed Nasdaq symbol AXLA. Business: Developing therapies and food to trat metabolic dyregulation in the liver.
ConversionPoint Holdings - Newport Beach, Calif., 6.2 million shares, priced $6-$7, managed by Oppenheimer & Co/GMP Securities. Proposed Nasdaq symbol CPTI. Business: Provides an AI-integrated SaaS platform for marketing and e-commerce services.
Cortexyme - San Francisco, 4.4 million shares, priced $16-$18, managed by BofA Merrill Lynch/Credit Suisse. Proposed Nasdaq symbol CRTX. Business: Developing a novel therapy for Alzheimer’s disease.
HeadHunter Group - Moscow, 16.3 million shares, priced $11-$13.50, managed by Morgan Stanley/Goldman Sachs. Proposed Nasdaq symbol HHR. Business: Online job recruitment platform in Russia.
Health Sciences Acquisitions - New York, 10 million shares, priced at $10, managed by Chardan Capital Markets/UBS Investment Bank. Proposed Nasdaq symbol HSACU. Business: Blank check company formed by RTW Investments to acquire a biopharma or medical technology business.
Landcadia Holdings II - Houston, 25 million shares, priced at $10, managed by Jefferies. Proposed Nasdaq symbol LCAHU. Business: Blank check company formed by the CEOs of Landry’s and Jefferies to acquire an entertainment business.
Mayville Engineering - Mayville, Wis., 6.3 million shares, priced $19-$21, managed by Baird/Citi. Proposed NYSE symbol MEC. Business: Manufactures components for commercial and industrial vehicle OEMs.
Milestone Pharmaceuticals - Montreal, 5 million shares, priced $14-$16, managed by Jefferies/Cowen. Proposed Nasdaq symbol MIST. Business: Phase 3 biotech developing therapies for heart rate conditions.
NextCure - Beltsville, Md., 5 million shares, priced $14-$16, managed by Morgan Stanley/BofA Merrill Lynch. Proposed Nasdaq symbol NXTC. Business: Clinical-stage biotech developing next-gen cancer immunotherapies.
Parsons - Centreville, Va., 18.5 million shares, priced $26-$28, managed by Goldman Sachs/BofA Merrill Lynch. Proposed NYSE symbol PSN. Business: Provides technology-driven defense, intelligence and infrastructure solutions.
Postal Realty Trust - Cedarhurst, N.Y., 5 million shares, priced $19-21, managed by Stifel/Janney Montgomery Scott. Proposed NYSE symbol PSTL. Business: Recently-formed REIT that manages and leases properties to the USPS.
South Plains Financial - Lubbock, Texas, 3.4 million shares, priced $17.50-$19.50, managed by Keefe Bruyette Woods/Sandler O’Neill. Proposed Nasdaq symbol SPFI. Business: West Texas commercial bank with 21 full-service locations.
Sonim - San Mateo, Calif., 3.6 million shares, priced $13-$15, managed by Oppenheimer & Co./Lake Street Capital Markets. Proposed Nasdaq symbol SONM. Business: Makes rugged mobile phones and accessories for industrial and public workers.
Trevi Therapeutics - New Haven, Conn., 4.7 million shares, priced $14-$16, managed by SVB Leerink/Stifel. Proposed Nasdaq symbol TRVI. Business: Developing an extended-release version of an opioid for new indications.
Uber Technologies - San Francisco, 180 million shares, priced $44-$50, managed by Morgan Stanley/Goldman Sachs. Proposed NYSE symbol UBER. Business: Operates on-demand ridesharing network.