Initial public offerings scheduled to debut next week
Posted Jul 24, 2020 03:44:23 PM.
Last Updated Jul 24, 2020 03:46:07 PM.
This article is more than 5 years old.
NEW YORK — 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 July 27
ACE Convergence Acquisition – Wilmington, Del., price at $10, managed by Cantor Fitzgerald/Northland Securities. Proposed Nasdaq symbol ACEV.U. Business: Blank check company formed by ACE Equity Partners and industry veterans targeting tech business.
AlloVir – Cambridge, Mass., 14.8 million shares, priced $16-$18, managed by Morgan Stanley/JP Morgan. Proposed Nasdaq symbol ALVR. Business: Phase 2 biotech developing allogeneic T cell therapies for viral diseases.
Fathom Holdings – Cary, N.C., 2.5 million shares, priced $7-$9, managed by Roth Capital. Proposed Nasdaq symbol FTHM. Business: Cloud-based full-service real estate brokerage.
Goedeker’s – Ballwin, Mo., 1 million shares, priced $9-$11, managed by ThinkEquity/Aegis Capital Corp. Proposed NYSE American GOED. Business: Operates an e-commerce platform for appliances and home goods.
PaxMedica – Woodcliff Lake, N.J., 2.5 million shares, priced $5.50-$6.50, managed by The Benchmark Company/Brookline Capital Markets. Proposed Nasdaq symbol PXMD. Business: Phase 2 biotech developing therapies for neurodevelopmental disorders.
Presidio Property Trust – San Diego, 2.5 million shares, priced $5-$7, managed by Kingswood Capital Markets/Spartan Securities. Proposed Nasdaq symbol SQFT. Business: Diversified REIT repositioning its portfolio to focus on office and industrial properties.
Vasta Platform – São Paulo, Brazil, 18.6 million shares, priced $15.50-$17.50, managed by Goldman Sachs/BofA Securities. Proposed Nasdaq symbol VSTA. Business: Brazilian provider of K-12 school curriculum solutions being spun out of Cogna.
Vertex – King of Prussia, Pa., 21.2 million shares, priced $14-$16, managed by Goldman Sachs/Morgan Stanley. Proposed Nasdaq symbol VERX. Business: Provides comprehensive tax software for businesses.
Vital Farms – Austin, Texas, 7.8 million shares, priced $15-$17, managed by Goldman Sachs/Morgan Stanley. Proposed Nasdaq symbol VITL. Business: Largest US producer of pasture-raised eggs and butter.
The Associated Press
