IPOs this week : Aug 30 - Sept 3, 2021 (wk 35)

There are no IPO pricings on the calendar in the week ahead as the sector takes a bit of break ahead of the Labor Day weekend. 

IPO quiet period expirations

• European Wax Center (NASDAQ:EWCZ), Weber (NYSE:WEBR), Orange County (NASDAQ:OBT), Paltalk (NASDAQ:PALT) and IDW MEdia (OTCPK:IDWM) on August 30, as well as 
• Adagio Therapeutics (NASDAQ:ADGI) on August 31. 

IPO lockup expirations

• Oscar Health (NYSE:OSCR) on August 30 and 
• Innovage Holding (NASDAQ:INNV) on August 31. 

The fall initial public offering season kicks off in Europe next week with companies like French health-care property firm Icade Sante, Belgian chemicals distributor Azelis, German call center business Majorel, DNA-sequencing firm Oxford Nanopore Technologies and Richard Branson's Virgin Atlantic Airways Ltd. all on the watch list.

Oscar Health (OSCR) began trading on the NYSE on Wed 3 March 21

Oscar Health is a provider of health insurance coverage serving individuals, families, small businesses, and Medicare users. According to Reuters, the company currently provides for 529,000 customers on its technology platform across 18 states.

In 2020, the company said that its customers increased year-over-year by 75%, thanks to the pandemic increasing the demand for healthcare delivery through online, mobile and at-home methods. The insurtech’s premiums also increased last year to $1.67 billion, representing a 60% increase from the previous year.

• Co-founded by Josh Kushner in 2012, the managing partner of the venture capital firm Thrive Capital, and the son of billionaire real estate developer Charles Kushner.
• Oscar Health made headlines in 2018, when Google parent company Alphabet took an almost 10% stake in the health insurance startup for $375 million.
• The company was named after Kushner’s great-grandfather, an immigrant given the name Oscar at Ellis Island, according to a letter in the filing from Kushner and co-founder Mario Schlosser.

Sector(s): Healthcare

Industry: Healthcare Plans

https://www.hioscar.com

Oscar Health co-founders Josh Kushner and Mario Schlosser.

IPOs this week : March 29 - Apr 1, 2021 (wk 13)

IPOs expected to price

• Compass (NYSE:COMP), 
• Frontier Group (NASDAQ:ULCC), 
• Coursera (COURS), 
• Kaltura (KLTR), 
• Karooooo (NASDAQ:KARO), 
• Muliang Viagoo Technology (OTC:MULG) and 
• Flora Growth (FLGC). 

IPO quiet period expirations

• Oscar Health (NYSE:OSCR) and Innovage (NASDAQ:INNV) on March 29,

IPO lockup expirations

• Chindata Group (NASDAQ:CD), 
• Yalla Group (NYSE:YALA), 
• Boqii Holding (NYSE:BQ), 
• Pulmonx (NASDAQ:LUNG), 
• Mission Produce (NASDAQ:AVO) and 
• Lixiang Education Holding (NASDAQ:LXEH).