With two weeks left until the holidays, IPOs looking to launch this year need to get going. Historically the second week before the holiday is the last real week for IPOs. Most names will not try to grab the attention of the IPO investor just five days before the break, so this is the week to make it happen.
The number of filings says that there could be as many as 12 IPOs available this week, but so far we only have confirmation that three will officially launch. This could be a very fluid week where unexpected names price, so don't take your eyes off the IPO markets if you're looking to invest.
Officially, this week we have a real estate company, a broadband company, and a biotech looking to price. In total, the names will be looking for $763 million.
First up, the largest offering of the week is Newmark Group
Next we have broadband operator, Casa Systems
Lastly we have Adial Pharmaceuticals