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 October 5:
Allegiance Bancshares Inc. – Houston, 2.6 million shares, priced $22 to $24, managed by Baird, and Stephens Inc. Proposed Nasdaq symbol ABTX. Business: Commercial bank serving small to medium-sized businesses and individual customers, primarily in the Houston metro area.
Aclaris Therapeutics Inc. – Malvern, Pa., 5 million shares, priced $14 to $16, managed by Jefferies, and Citigroup. Proposed Nasdaq symbol ACRS. Business Developing a proprietary hydrogen peroxide treatment for common skin lesions.
CPI Card Group Inc. – Littleton, Colo., 17.6 million shares, priced $16 to $18, managed by BMO Capital Markets, Goldman Sachs, and CIBC. Proposed Nasdaq symbol PMTS. Business: Provider of credit, debit, and prepaid debit cards.
CytomX Therapeutics Inc. – South San Francisco, Calif., 6.7 million shares, priced $14 to $16, managed by BofA Merrill Lynch, Jefferies, and Cowen & Co. Proposed Nasdaq symbol CTMX. Business: Preclinical biotech developing tumor-activated cancer immunotherapies.
Digicel Group Ltd. – Hamilton, Bermuda, 124.1 million class A shares, priced $13 to $16, managed by J.P. Morgan, UBS, and Citigroup. Proposed NYSE symbol DCEL. Business: Provider of mobile communications services in the Caribbean and South Pacific with 14 million subscribers.
Pure Storage Inc. – Mountain View, Calif., 25 million class A shares, priced $16 to $18, managed by Morgan Stanley, Goldman Sachs, and Barclays. Proposed NYSE symbol PSTG. Business: Provides flash memory-based enterprise storage hardware.
Below issues were scheduled for the week of September 28, but did not price:
Cerecor Inc. – Baltimore, 4.23 million units, priced $6 to $7, managed by Maxim Group. Proposed Nasdaq Capital Market symbol CERCU. Business: Developing a novel adjunct therapy for major depressive disorder.
Fuling Global Inc. – Wenling, China, but incorporated in the Cayman Islands, 5 million ordinary shares, priced at $5 each, managed by Burnham Securities. Proposed Nasdaq Capital Market symbol FORK. Business: Producer of disposable plastic cutlery and other food service products.
Sole Elite Group Ltd. – Jinjiang, China, but incorporated in the Cayman Islands, 3 million ordinary shares, priced $10 to $12, managed by Dawson James, and ViewTrade. Proposed Nasdaq Capital Market symbol SOLE. Business: Athletic shoe sole manufacturer.
Strongbridge Biopharma plc – Trevose, Pa., but incorporated in Ireland, 4.25 million ordinary shares priced at $17.93 each, managed by BofA Merrill Lynch, and Stifel. Proposed Nasdaq symbol SBBP. Business: Late-stage biotech developing therapies for rare endocrine disorders.
SynCardia Systems Inc. – Tucson, Ariz., 2.5 million shares, priced $10 to $12, managed by Roth Capital. Proposed Nasdaq symbol TAHT. Business: Developer and manufacturer of temporary implantable artificial hearts.