NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.renaissancecapital.com) and SEC filings.
Week of March 31:
Corium International Inc. – Menlo Park, Calif., 5.5 million shares, priced $10 to $12, managed by Jefferies and Leerink Partners. Proposed Nasdaq symbol CORI. Business: Commercial-stage pharmaceutical company specializing in adhesive drug delivery.
Five9 Inc. – San Ramon, Calif., 10 million shares, priced $9 to $11, managed by J.P. Morgan, Barclays, and BofA Merrill Lynch. Proposed Nasdaq symbol FIVN. Business Provides cloud-based software to call centres for improved turnaround and customer satisfaction.
GrubHub Inc. – Chicago, 7 million shares, priced $20 to $22, managed by Citigroup and Morgan Stanley. Proposed NYSE symbol GRUB. Business: Online portal for food delivery service from approximately 28,800 restaurants in 600 cities.
IMS Health Holdings Inc. – Danbury, Conn., 65 million shares, priced $18 to $21, managed by J.P. Morgan, Goldman Sachs, and Morgan Stanley. Proposed NYSE symbol IMS. Business: Provides healthcare data and consulting services to drug makers, payers and healthcare providers.
Opower Inc. – Arlington, Va., 6.1 million shares, priced $17 to $19, managed by Morgan Stanley and Goldman Sachs. Proposed NYSE symbol OPWR. Business: Provides customer engagement solutions for the utility industry.
Rubicon Project Inc. (The) – Los Angeles – 6.8 million shares, priced $15 to $17, managed by Morgan Stanley, Goldman Sachs, and RBC Capital Markets. Proposed NYSE symbol RUBI. Business: Operates a leading digital ad exchange with the largest reach in the U.S.
Scynexis Inc. – Durham, N.C., 4.2 million shares, priced $12 to $14, managed by RBC Capital Markets and Canaccord Genuity. Proposed Nasdaq symbol SCYX. Business: Biotech developing treatments for life-threatening fungal infections.
Tarena International Inc. – Beijing, China, 15.3 million American depositary shares, each representing one class A ordinary share, priced $8 to $10, managed by Goldman Sachs and Credit Suisse. Proposed Nasdaq symbol TEDU. Business: China’s largest provider of IT professional education with 92 learning centres.