The initial public offering (IPO) is remaining red hot in the week ahead, with two billion dollar offerings pricing in a double-digit listing week.
Full Truck Alliance Co. Ltd. (YMM ) plans to raise more than $1.8 billion from 82.5 million shares priced between $17 to $19 each. The Chinese company's freight platform connects shippers with truckers to facilitate shipments across distance ranges, cago weights, and types.
Bright Health Group Inc. (BHG ) plans to raise more than $1.5 billion from 60 million shares priced between $20 to $23 each. The company seeks to bring a more consumer-centric approach to healthcare to improve consumer experience, with the company currently serving 14 states.
Confluent, Inc. (CFLT ) plans to raise $759 million from 23 million shares priced between $29 to $33 each. The data infrastructure provider is designed to connect all to connect all the applications, systems, and data layers of a company around a real-time central nervous system.
Mister Car Wash, Inc. (MCW ) plans to raise more than $733 million from 37.5 million shares priced between $15 to $17 each. The car wash brand is the largest in the United States, with 344 locations in 21 states.
Doximity, Inc. (DOCS ) plans to raise more than $616 million from 23.3 million shares priced between $20 to $23 each. The healthcare network claims to be the leading digital platform for U.S. medical professionals, allowing collaboration and secure coordination of patient care.
Sprinklr, Inc. (CXM ) plans to raise $418 million from 19 million shares priced in the range of $18 to $20 each. The customer experience software provider helps enterprises create a persistent, unified view of each customers at scale. The company has more than 1,000 customers, including over 50% of the Fortune 100.
First Advantage Corp. (FA ) plans to raise nearly $367 million from about 21.3 million shares priced between $13 to $15 each. The human resources platform provides technology solutions for screening, verifications, safety and compliance related to employees.
Graphite Bio, Inc. (GRPH ) plans to raise $200 million from 12.5 million shares priced between $15 to $17 each. The gene editing biotech's lead candidate has received Investigative New Drug (IND) clearance and expects to begin a Phase 1/2 clinical trial in the second half of this year.
Tencent (TCEHY ) backed Soulgate Inc. (SSR ) plans to raise $185 million from 13.2 million shares offered between $13 to $15 each. The Chinese social networking platform operates the app Soul, which allows users to crease a new identity in a virtual universe to freely create, share, explore, and connect with others.
Monte Rosa Therapeutics, Inc. (GLUE ) plans to raise $176 million from 9.8 million shares priced between $17 to $19 each. The oncology-focused biotech plans to submit an IND for one of its selective, orally bioavailable GSPT1-directed MGD molecules in the first half of 2021.
AMTD Digital, Inc. (HKD ) plans to raise $120 million from 16 million shares priced in the range of $6.80 to $8.20 each. The digital financial services provider operates a comprehensive digital solutions platform in Asia.
Elevation Oncology, Inc. (ELEV ) plans to raise $100 million from 6.3 million shares offered between $15 to $17 each. The clinical stage biotech's lead candidate is expected to result interim analysis data in late 2021/early 2022 and topline data in the first half of 2023.
Alpha Teknova, Inc. (TKNO ) plans to raise $75 million from 5 million shares offered between $14 to $16 each. The biopharmaceutical company providers critical reagents that enable the discovery, reaser, development and production of product such as drug therpare, novel vaccines and molecular diagnostics.
Miromatrix Medical, Inc. (MIRO ) plans to raise $32 million from 4 million shares priced between $7 to $9 each. The company is developing novel technology for bioengineering fully transplantable human organs, with current focus on livers and kidneys.