IPOs this week : March 11 - 15, 2019

IPO activity: The six-month lockup on shares of Nio (NYSE:NIO) expires on March 11 in what should be a good test of investor sentiment. Nio soared following a positive 60 Minutes piece about two weeks ago before going into post-earnings skid. Interestingly, Goldman Sachs came in with a reinstated Buy call on Nio ahead of the lockup expiration as it pointed to the Chinese automaker's "successful branding" in the premium segment.

Other lockup expirations this week include;

• 111 (NASDAQ:YI) on March 11, 
• FVC Bancorp (NASDAQ:FVCB) on March 12 and 
• both Principia Biopharma (NASDAQ:PRNB) and Qutoutiao (NASDAQ:QTT) on March 13. 

Analysts can start covering TCR2 Therapeutics (NASDAQ:TCRR), Avedro (NASDAQ:AVDR), Achiano Therapeutics (NASDAQ:ANCN) and Imac (NASDAQ:IMAC) on March 11 and Stealth BioTherapeutics (NASDAQ:MITO) on March 12.

FVCBankcorp (FVCB) began trading on the Nasdaq on 14 September 2018

• Headquarters: Fairfax, Virginia
• Founded: 2015
• Sector: Financial Services
• Industry: Banks - Regional - US
• Full Time Employees: 98
• fvcbank.com

Priced 1.75 mln share IPO at $20.00, the midpoint of the expected $19.00-21.00 range