IPOs this week : Nov 11 - 15, 19 (wk 46)

IPOs expected to price
No pricings are expected this week,

IPO quiet period expirations
Quiet period expirations arriving for BellRing Brands (NYSE:BRBR) and Innate Pharma (NASDAQ:IPHA) on November 11.

IPO lockup expirations

• Postal Realty Trust (NYSE:PSTL) and Applied Therapeutics (NASDAQ:APLT) on November 11, as well as 
• Avantor (NYSE:AVTR), Luckin Coffee (NASDAQ:LK) and Fastly (NYSE:FSLY) on November 13.

IPOs this week : June 10 - 14, 19

 IPO watch: 

Crowdstrike (CRWD), Fiverr International (FVRR) and Chewy (CHWY) are all expected to price this week amid what's been a hit or miss IPO market.

• Cybersecurity specialist Crowdstrike already boosted the top end of its pricing range by 30% amid strong demand. 
• Meanwhile, Gig-economy player Fiverr is hoping to follow in the path of competitor Upwork (NASDAQ:UPWK) with a huge first-day pop. 
• Online pet food seller Chewy is looking to raise over $100M with its offering at a proposed valuation of over $7B. Chewy's revenue grew 75% in FY18 to $3.5B and the company recorded a net loss of $267M. Owner PetSmart will still own 70% of the total Chewy shares outstanding and 77% of the voting power following the IPO. 

In Hong Kong, Anheuser-Busch InBev (NYSE:BUD) is looking for listing approval for Budweiser Brewing Company APAC.

IPO quiet period/lockup expirations:

• There are share price lockup expirations arriving on Tencent Music (NYSE:TME) on June 10 and both Legacy Housing (NASDAQ:LEGH) and 360 Finance (NASDAQ:QFIN) on June 11. 
• Quiet period expirations on tap include Applied Therapeutics (NASDAQ:APLT) and Postal Realty Trust (NYSE:PSTL) on June 10, as well as Avantor (NYSE:AVTR), Luckin Coffee (NASDAQ:LK) and Fastly (NYSE:FSLY) on June 11.

Luckin Coffee (LK) began trading on the Nasdaq on Fri 17 May 19

Luckin Coffee priced upsized 33 mln share IPO (from 30 mln shares) at $17.00, the high-end of the expected $15.00-17.00 range

IPOs this week : May 13 - 17, 19

Expected IPO pricings: 

• Chinese coffee upstart Luckin Coffee (LK) is the headliner of next week's expected IPO pricings. The listing will be one of the biggest by a mainland company in the U.S. this year. Luckin aims to raise up to $587M at a price range between $15 and $17 by selling 30M American depositary shares, with each ADS representing eight ordinary shares. Luckin plans to have more than 4.5K pickup stores open by the end of the year, while competitor Starbucks (NASDAQ:SBUX) is targeting 6K of its larger-format stores by the end of 2022. 
• ConversionPoint (CPTI) on May 13, 
• Bricktown Restaurant Group (BEER) on May 14, 
• Pimco Mortgage Income Trust (PMTG) on May 15 as well as Avantor (AVTR) and Fastly (FSLY) on May 15.

IPO lockup expirations: 

• Vapotherm (NYSE:VAPO) on May 13; 
• Bain Capital Specialty Finance (NYSE:BCSF) and Weidai (NYSE:WEI) on May 14.

IPO quiet period expirations:

• Pinterest (PINS) and Zoom Video Communications (NASDAQ:ZM) on May 13.