This week it looks like we will have three companies go public. Combined the the three company's will hope to raise just over $500 million in an IPO market that has been moving full speed ahead. If you like the IPO markets then this week you will have your shot at an enterprise software provider, a cable company and a semiconductor manufacturer out of Brazil.
As for the companies that are preparing or thinking of going public the number is starting to dry up. This mad dash to go public leaves only 35 more companies that are in the process. If this week is successful for all the IPO's on the calendar it could very well create a small dry spell for IPO's over the summer.
The largest IPO of the week is WideOpenWest (NYSE: WOW) based out of Colorado. The cable provider will be coming to market hoping to raise $400 million by offering just over 19 million shares at a price range of $20 - $22.
KBL Merger Corp. (NASDAQ: KBLMU) is up next with a $100 million offering. This is what is known as a "blank check" IPO. It means that the funds they hope to raise have yet to be dedicated to any one particular product or investment. They will hope to raise the money by offering 10 million shares for $10 a piece.
SMART Global Holdings (NASDAQ: SGH) is a leading manufacturer of memory chips for smartphones and computers. Based in Brazil the company hopes to raise $74 million by offering 5.3 million shares at a range of $13 - $15. This one will likely get a little more media attention due to the recent volatility in Brazil's economy.
Lastly we have Appian (NASDAQ: APPN) which is a "low-code" app development platform with a focus on business processes. They are looking for $75 million by offering 6.25 million shares at a range of $11 - $13.