There are eight names looking to go public this week and most of them are shooting for first thing Monday as a launch date. So far this year has been the most active year to date for IPOs as we have 11 names already public. Analysts expect this to continue as the IPO landscape tends to rev up over the summer months.
Emerald Expositions Events (EEX ) is the largest offering this week with a $295 million deal size. The largest US operator of B2B trade shows and exhibitions will be offering 15.5 million shares at a range of $18-20.
Carvana (CVNA ) comes in next with a potential $225 million deal size. The unique, online car dealer which features car "vending machines" will be offering 15 million shares at a range of $14-16 to help continue their rapid growth
Cloudera (CLDR ) is a Hadoop based data management platform which deals with large enterprises. The California based company will be looking for $195 million by offering 15 million shares in the $12-14 range.
Floor & Decor Holdings (FND ), a tile and hard surface flooring retail store will be looking to expand on its 72 stores. The company which offers flooring in a warehouse store environment will be looking to raise $150 million by offering 8.8 million shares at a range of $16-18.
NCS Multistage Holdings (NCSM ) provides completion equipment and services in the US as well as Canada. The company will be looking to expand its offerings by selling 9.5 million shares to market at a range of $15-18. If successful the company hopes to raise $157 million.
Zymeworks (ZYME ) is an early stage biotech firm which is developing antibodies that target specific tumors. Seeking $65 million the company will offer 4.5 million shares at a range of $13-16.
China Rapid Finance (XRF ) is an online, peer to peer loan company based in China. The company hopes to raise $105 million by offering 10 million shares at a range of $9.50 - $11.50. There is not much information on this IPO.
Verona Pharma (VRNA ) is a UK based firm that is developing inhaled treatments for respiratory diseases. Hoping to raise $75 million the firm will offer 5.5 million shares at $13.49.