Last week was the week of the Lyft IPO. While the company went public successfully all of the attention was very focused on that one offering. It's success and demand will be noticed by the other major IPO's which are due up next. It could also bring back the investor who doesn't normally look at IPO's to consider some of the upcoming offerings.
This week they will have 4 names to choose from. Though they are not Lyft's they still offer some diversity in their listings.
The first offering is the largest. Tradeweb Markets (NASDAQ: TW) is an online trading platform which offers their platform to a large range of client types. Largely supported by Thompson Reuters the company is looking to raise $682 million. They will offer 27 million shares at a range of $24 - $26 to the public.
The second name up for grabs this week is based out of China and is another e-commerce platform. This is a smaller platform that let's their online influencers sell apparel and accessories to the general public. Ruhnn Holding (NASDAQ: RUHN) will offer 10 million shares at a range of $11.5 - $13.50 in hopes of raising $125 million.
NGM Biopharmaceuticals (NASDAQ: NGM) is a mid stage biotech with medications focused on NASH and Type 2 diabetes which is hoping to raise $100 million. This is a holdover from last week but they still are looking to offer 6.6 million shares at a ranbeg of $14 -$16.
Finally we have Silk Road Medical (NASDAQ: SILK) which sells medical devices such as stents and other procedural equipment focused on the treatment of carotid artery disease. They are looking to raise $75 million by offering 6.6 million shares at a range of $14 -$16.