IPO Market Blog

Market Commentary and Analysis... Straight from the Pros

IPO Action: Going Out with a Biopharma Bang

Written by John Fitzgibbon on Dec 14th, 2014

Yes, the word out there is that these two deals are expected to finish the IPO year with a bang: Bellicum Pharmaceuticals (BLCM - proposed) and Juno Therapeutics (JUNO – proposed). Let’s take a closer look at the pending dynamic duo.

 

Cell-to-Cell Combat

Bellicum Pharmaceuticals, based in Houston, is a clinical-stage biopharmaceutical company focused on discovering and developing novel cellular immunotherapies for various forms of cancer, including both hematological cancers and solid tumors, as well as orphan inherited blood disorders.

 

One of Bellicum’s leading product candidates, BPX-501, is designed to eliminate the risk of Graft versus Host Disease in patients who have undergone stem cell transplants for leukemia and other types of cancer. Bellicum is also developing a vaccine for ...

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Categories: Market Commentary
Tags: buzz , commentary , ipo , market , news

IPO Action: A Dozen Deals to Wrap Up 2014

Written by John Fitzgibbon on Dec 7th, 2014

Wall Street is bracing for an end-of-the-year flurry of IPOs before the window closes for 2014. This week’s calendar lists 12 IPOs, with 10 expected to trade on Thursday and Friday.

 

Next week’s calendar lists one IPO and then the market is off for the holidays. Not to worry - this has been the historical pattern for years, but first things first.

 

The dozen companies on this week’s IPO roster are expected to raise over $2.6 billion. There are 10 new faces at the IPO window; the other two are carryovers from previous weeks.

 

And hey, what’s an IPO calendar without a favorite or two?

 

Of this week’s 12 deals, two are the “hands down ...

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Categories: Market Commentary
Tags: IPO Action , IPO Calendar , IPO Pipeline , LC IPO , LendingClub IPO , MOMO IPO , NEWR IPO , New relic IPO , WK IPO , Workiva IPO

IPO Action: Holiday Window Shopping

Written by John Fitzgibbon on Nov 30th, 2014

December brings us the holidays, anticipation of the New Year and a short IPO calendar. Unlike Santa’s workshop, the IPO production line shuts down around the middle of the month.

 

In 2013, December’s calendar produced 13 of the year’s 232 IPOs, and the last one was priced on Dec. 17, according to the U.S. Securities and Exchange Commission filings.

 

In 2012, December’s calendar produced eight of the year’s 145 IPOs, and the last IPO was priced on Dec. 18.

 

In 2011, December’s calendar produced 11 of the year’s 140 IPOs, and the last IPO was priced of Dec. 16.

 

And for history buffs: In 1983, December’s calendar produced 99 IPOs. This ...

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Categories: Market Commentary
Tags: CB Pharma Acquisition , CNLMU , HSGX , Histogenics , IPO Action , IPO Calendar , IPO Pipeline , This weeks IPOs

IPO Action: Doing the Turkey Time Warp

Written by John Fitzgibbon on Nov 23rd, 2014

Before getting into this week’s traffic, or lack thereof, let’s take a look in the rearview mirror.

 

*In 2013, the Thanksgiving holiday week produced no IPOs and only one the following week.

 

*In 2012, the Thanksgiving holiday week produced two IPOs and none the following week.

 

*In 2011, the Thanksgiving holiday week produced one IPO and only one the following week.

 

*In 2010, the Thanksgiving holiday week produced five IPOs and just one the following week. You know, there’s always an exception to every rule.

 

Blank Checks, Drugs and Home Decor

Now back to the present to look at this week’s traffic. It depends upon a person’s interpretation of an initial public offering when considering ...

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Categories: Market Commentary
Tags: buzz , commentary , ipo , market , news

IPO Action: Nine Deals Dance into Mid-November

Written by John Fitzgibbon on Nov 16th, 2014

For that matter, this week’s planned IPO traffic is well above 2014’s average week.

 

Through Nov. 14, 246 IPOs have been priced that raised $80.2 billion, according to the U.S Securities and Exchange Commission filings. (These figures exclude unit offerings, closed-end funds and foreign companies offering American Depositary Shares representing shares already trading on their own national stock exchanges.) This makes an “average” 2014 IPO week equal to 5.3 deals that raised $1.74 billion. This week lists nine IPOs looking to raise $4.1 billion, including one that was slated to get out the door last week, but the unexpected happened.

 

Beyond the Speed Bump

eHi Car Services Ltd (EHIC – proposed), China’s No ...

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Categories: Market Commentary
Tags: buzz , commentary , ipo , market , news

IPO Action: IPOs Ride with the Wind

Written by John Fitzgibbon on Nov 9th, 2014

Just like they did on the previous Friday, the Dow Jones Industrial Average and the S&P 500 ended on Friday, Nov. 7, 2014, at record closing highs and the Nasdaq Composite Index at its high for the year. This strength sparked activity around the U.S. Securities and Exchange Commission’s filing window.

 

Besides the eight pricings, six companies filed first-time plans to go public, 13 others filed updated amendments, and eight of those have found their way onto the calendar. This sets the stage for another busy week in the Land of IPOs.

 

Highlighting this week’s traffic are a couple of industrial sector in plays, a couple of yield plays, and what is reported to be on ...

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Categories: Market Commentary
Tags: buzz , commentary , ipo , market , news

The IPO Buzz: November’s IPO Bull Run

Written by John Fitzgibbon on Nov 2nd, 2014

There are 13 IPOs on this week’s calendar. They are looking to raise about $1.8 billion. The word out is there to expect an avalanche of filings to fill out the rest of November’s calendar.

 

Last November produced 30 IPOs, according to U.S. Securities and Exchange Commission filings. That was a touch above “average” for November. The traffic has averaged 29 IPOs per November dating back to 1970. If everything gets out the door this week, we’ll be almost halfway to the “average” and have another three weeks to go - all thanks to the sharp turnaround in the U.S. stock market.

 

The stock market started its downward slide beginning in mid-September, when it was ...

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Categories: Market Commentary
Tags: buzz , commentary , ipo , market , news