Initial public offerings scheduled to debut this week
NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Week of June 22
Albertsons Companies – Boise, Idaho, 65.8 million shares, priced $18-$20, managed by BofA Securities/Goldman Sachs. Proposed NYSE symbol ACI. Business: US grocer under Albertsons, Tom Thumb and Safeway banners.
Brilliant Acquisition – Shanghai, China, 4 million shares, priced at $10, managed by EarlyBird Capital. Business: Blank check company targeting an Asia Pacific business.
DoubleDown Interactive – Seoul, South Korea, 11 million shares, priced $17-$19, managed by JP Morgan/BofA Securities. Proposed Nasdaq symbol DDI. Business: Developer and publisher of mobile and web-based social casino games.
Ebang International Holdings – Zhejiang, China, 19.3 million shares, priced $4.50-$6.50, managed by AMTD Global Markets/Loop Capital Markets. Proposed Nasdaq symbol EBON. Business: Creates equipment for cryptocurrency mining in China.
Presido Property Trust – San Diego, 1.3 million shares, priced $5-$7, managed by Aegis Capital Corp. Proposed Nasdaq symbol SQFT. Business: Diversified REIT repositioning its portfolio to focus on office and industrial properties.