initial public offerings (IPOs) trading on American exchanges
Showing posts with label CFB. Show all posts
Showing posts with label CFB. Show all posts

Monday, September 9, 2019

IPOs this week : Sept 9 - 13, 19 (wk 37)

IPOs expected to price
The IPO market returns from a crushingly slow period of inactivity with pricings set for
  • SmileDirectClub (SDC), 10X Genomics (TXG) and Alerus Financial (OTCQX:ALRS) on September 11 and 
  • CloudFlare (NET), SpringWorks Therapeutics (SWTX) and Satsuma Pharmaceuticals (STSA) on September 12. 
IPO quiet period & lockup expirations
There is a quiet period expiration on CrossFirst Bankshares (NASDAQ:CFB) on September 9 and IPO lockup expiration on Canadian firm Project One Resources on the same day.

WeWork's (WE) IPO roadshow is anticipated to roll into New York and San Francisco to gauge investor interest. So far, WeWork's IPO is having trouble attracting interest from large institutional investors as some reports suggest the shared workspace company is only being valued at ~$25B versus the $47B for the last private funding round. SoftBank (OTCPK:SFTBF) has a 29% stake in WeWork parent We Co.

Thursday, August 15, 2019

CrossFirst Bankshares (CFB) began trading on the Nasdaq on Thur 15 Aug 2019

The company operates seven branches in Kansas, Missouri, Oklahoma, and Texas.
CrossFirst Bankshares opened for trading at $14.50 after pricing IPO at $14.50



Monday, August 12, 2019

IPOs this week : Aug 12 - 16, 19 (wk 33)

IPOs expected to price during the week include:
  • BioVie (OTCQB:BIVI) on August 12 and 
  • CrossFirst Bankshares (CFB) on August 14:  Kansas corporation and registered bank holding company with total assets of $4.5 bln [Planning to offer 7.11 mln shares between $15.00-17.00]
9F (NYSE: JFU): Leading digital financial account platform integrating and personalizing financial services in China [Planning to offer 8.9 mln ADS between $7.50-9.50]

WiMi Hologram Cloud (Nasdaq: WIMI): Provider of augmented reality-based holographic services and products [Planning to offer 4 mln shares between $7.50-9.50]

IPO quiet period expirations
  • Phreesia (NYSE:PHR), DouYu (NASDAQ:DOYU), Owl Rock Capital (NYSE:ORCC), Mirum Pharmaceuticals (NASDAQ:MIRM), Fulcrum Therapeutics (NASDAQ:FULC), Genmab (NASDAQ:GMAB), Assetmark Financial (NYSE:AMK) and First Seacoast Bancorp (FSEA) on August 12
  • Medallia (NYSE:MDLA), Afya (NASDAQ:AFYA) and Intercorp Financial (IFS) on August 13. 
IPO lockup expirations
  • There are also IPO expirations for TCR2 Therapeutics (NASDAQ:TCRR), Intercorp Financial (IFS) and Avedro (NASDAQ:AVDR) on August 13.