The markets will be closed on Wednesday, July 4th for the Independence day holiday here in the states. The markets will also close early on Tuesday ahead of the holiday which means a shortened week for IPO's.
Last week was a record week for new offerings with the sheer volume of deals that came to the markets. This week since it is a short week there are no offerings on the table, but that doesn't mean that things are slowing down in the slightest.
June set records and that gives way to many names that have been trying to find the right time to launch. Given the number of deals in June there are many names in the wings just waiting for the holiday to come to an end. Biotech companies currently lead the way with the number of filings with a few names grabbing the most attention.
Rubius Therapeutics (NASDAQ: RUBY) will be looking for $200 million in their offering. The company is in the pre-clinical stage and is focusing on medications revolving around red blood cells.
Commercial real estate brokerage, Cushman & Wakefield will also be launching soon with their $500 million offering. There is currently no ticker for the name or pricing.
There are also some Chinese names in the pipeline as well as financial firms and energy companies which will garner some attention thanks to the rapidly increasing price of oil.