IPOs this week : September 21 - 25, 20 (wk 39)

IPOs expected to price

• Corsair Gaming (CRSR), GoodRx (NASDAQ:GDRX), RiverNorth Flexible Income Fund (NYSE:RFM) and Amesite Operating (AMST). 

Of the bunch, Corsair may generate the most interest with the gaming sector heating up. The California-based provider of gaming gear and content is aiming to sell up to $252M worth of shares to value the company at up to $1.65B. 

IPO lockup expirations

Also, keep an eye on TELA Bio (NASDAQ:TELA), with 34% of its outstanding float being freed up through the expiration of an IPO lock-up period. 

Across the Pacific in Hong Kong, secondary share offerings are expected to start trading for ZTO Express (NYSE:ZTO), Zai Lab (NASDAQ:ZLAB) and Baozun (NASDAQ:BZUN), while SoftBank (SFTNY) aims to hand over shares between September 23-25 for its secondary offering of its telcoms business.

Baozun (BZUN) began trading on the NASDAQ on 21 May 2015

• Alibaba Group (NYSE:BABA) holds an 18% stake in BZUN

Baozun, which helps brand partners execute e-commerce strategies, priced at 10, below its expected range of 12 to 14. It offered 11 million shares, raising $110 million. The consensus was that Baozun was priced above investors' comfort level. The stock closed at 10.44, up just 4.4%.