Saudi Aramco said Nov. 3 that it plans to go public on the main market of the Tadawul. Saudi Aramco, considered the world’s most profitable company, is expected to price its IPO in December and begin trading on Dec. 11, the Financial Times reported.
Centogene, a company focused on rare diseases, is seeking to raise about $60 million for its IPO after pricing its 4 million shares at a price range between $14 and $16 per share. Centogene is planning on trading the stock on the NASDAQ under the ticker symbol "CNTG." SVB Leerink and Evercore ISI are the lead underwriters. Centogene's backers include TVM Capital Life Science.
Cabaletta Bio, a biotech company, has debuted its IPO after pricing its 6.8 million shares at $11 per share. The stock began trading October 25, 2019 on the NASDAQ under the ticker symbol "CABA." Morgan Stanley, Cowen and Evercore ISI are the lead underwriters. Cabaletta Bio's pre-IPO backers include 5 AM Ventures and Adage Capital Partners.
Progyny, a fertility benefits management company, has raised $130 million for its IPO after pricing its 10 million shares at $13 per share. The stock began trading October 25, 2019 on the NASDAQ under the ticker symbol "PGNY." JP Morgan, Goldman Sachs and BofA Securities are the lead underwriters. Progyny's pre-IPO backers include Kleiner Perkins, TPG Biotech and Union Grove Venture Partners.
Menlo Park, California-based Phathom Pharmaceuticals, a biopharmaceutical company focused on treating gastrointestinal diseases, has raised about $181.7 million for its IPO after pricing its over 9.5 million shares at $19 per share. The stock began trading October 25, 2019 on the NASDAQ under the ticker symbol "PHAT." Goldman Sachs, Jefferies and Evercore ISI are the lead underwriters. Phathom's pre-IPO backers include Frazier Healthcare Partners, Medicxi, RA Capital Management, Abingworth, BVF Partners LP, Greenspring Associates, Richard King Mellon Foundation and Sahsen.
Toronto-based GFL Environmental Inc, a waste management company, has priced its cross-border IPO of over 87 million shares at a price between US$20 and US$24 per share. GFL plans on listing the stock on the New York Stock Exchange and Toronto Stock Exchange under the ticker symbol “GFL.” J.P. Morgan, BMO Capital Markets, Goldman Sachs, […]
Blackstone and CVC are looking to hire underwriters for an IPO of Paysafe Group, Reuters reported Oct. 23. Blackstone and CVC will interview bankers next month for the IPO that would value Paysafe at more than $10 billion, the story said. Mergermarket, which first reported the Paysafe listing, said the IPO would come in 2020.
OneWater Marine Inc, a recreational boat retailer, has priced its IPO of over 3.1 million shares at a price between $18 and $20. The stock will trade on the NASDAQ under the ticker symbol "ONEW." Raymond James and Goldman Sachs are the lead underwriters.
German biotech firm BioNTech has raised $150 million for its U.S. IPO, reported Reuters. The stock, which began trading October 10, 2019, sold fewer shares and at a lower price than originally planned. J.P. Morgan, BofA Merrill Lynch, UBS and SVB Leerink are the lead undewriters. BioNTech is trading on the NASDAQ under the ticker symbol "BNTX." BioNTech’s investors include Fidelity Management & Research Company.
Docebo, a Toronto-based corporate learning management system, has closed its IPO, raising $75 million. The stock is trading on the Toronto Stock Exchange under the ticker symbol “DCBO.” Canaccord Genuity Corp. and TD Securities Inc were the lead underwriters. Docebo’s pre-IPO backers included Intercap Equity, an affiliate of Canadian merchant bank Intercap, and Canadian enterprise […]