Last week saw the introduction of the IPO "unicorn" SmileDirectClub, which is currently the top contender for having the worst first day of trading of the year. This week is set to see more anticipated IPOs with all listing company's offer amounts this week being within the hundreds of millions.
Upcoming this week:
APEX Technology Acquisition Corp. is set to publicly trade on September 17 with the symbol APXTU on the NASDAQ. The stock is priced at $10 a share with 27.5 million shares. The company's offer amount was $316,250,000.
IGM Biosciences is an upcoming stock set to trade under the symbol IGMS on the NASDAQ on September 18. The stock is set to be $15-$17 a share with 7,812,500 shares. The company's offer amount was $152,734,375.
Envista Holding Corp. is set to publicly trade on the NYSE with the symbol NVST. Shares are expected to be priced at $21-$24 with 26,768,000 shares currently. The company's offer amount was $738,769,800.
DataDog Inc. is set to trade on September 19 with a share price estimated to be $19-$22 per share. The company is expected to run under the symbol DDOG on the NASDAQ with 24 million shares currently. The company's offer amount was $607,200,000.
Ping Identity Holding Corporation is set to trade on September 19 under the symbol PING on NYSE. Shares are estimated to be priced at $14-$16 with 12.5 million currently. The company's offer amount was $230 million.
Newly Priced:
New Providence Acquisition Corp.
SmileDirectClub Inc.
10X Genomics Inc.
SpringWorks Therapeutics Inc.
Satsuma Pharmaceuticals
Cloudflare Inc.
Experience Investment Corp.
Alerus Financial Corp.
Filed Recently:
Biotech Se had filed to trade under the proposed symbol BNTX on September 9 with an offer amount of $100 million.
Heartland Bancorp Inc. had filed to publicly trade on September 13 under the tentative symbol HBT with an offer of $100 million.
Global Internet of People Inc. filed with $23 million under the proposed symbol GIP on September 13.
Chinos Holdings Inc. has filed to publicly trade with an offer amount of $100 million on September 13 and has yet to announce a trading stock symbol.