Early Intelligence: 6 Companies That Are Going Public This Week
There are six companies going public with their IPOs and another issuing equity as a secondary offering this week.
7 In Focus
Acushnet Holdings Corp. will begin trading on the NYSE under the ticker GOLF starting Friday. The company plans to issue 19.33 million shares through its IPO at a price range of $21.00–$24.00.
BlackLine Inc. will trade on the NASDAQ under the ticker BL. It is coming out with 8.6 million IPO with a pricing of $13.00–$15.00. The stock will start trading publicly Friday.
DXP Enterprises IncDXPE 1.82% is coming out with a secondary issue of 2.7 million shares. The stock closed Monday's trading at $20.36, shedding 3.83 percent. The new shares are expected to start trading on Thursday.
Myovant Sciences NYSEMYOV plans an IPO of 13 million shares (with an overallotment option for 1.95 million shares) with the price range of $12–$15.
QUANTENNA Communications Inc. NASDAQQTNA is coming out with 6.7 million shares of IPO with a $14.00–$16.00 price range. The company's shares will commence trading on Friday.
RA Pharmaceuticals Inc., to trade NASDAQRARX came out with 5.8 million IPO with a price range of $12.00–$14.00. The stock will start trading on Wednesday.
ZTO Express will go public on the NYSE under the pending ticker ZTO. It plans to issue 72.1 million shares with a price range of $16.50–$18.50. The stock would commence trading on Thursday.
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