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 May 20
Alcobra Ltd. – Tel Aviv, Israel, 2.275 million ordinary shares, priced $10 to $12, managed by Aegis Capital. Proposed Nasdaq symbol ADHD. Business: Israeli drug company developing a non-stimulant ADHD treatment.
ChannelAdvisor Corp. – Morrisville, N.C., 5.8 million shares, priced $12 to $14, managed by Goldman Sachs and Stifel. Proposed NYSE symbol ECOM. Business: Provides e-commerce platform to manage sales across multiple online channels.
Constellium NV – Netherlands, 22.2 million class A ordinary shares, priced $17 to $19, managed by Goldman Sachs, Deutsche Bank, and J.P. Morgan. Proposed NYSE symbol CSTM. Business: Apollo/Rio Tinto-backed manufacturer of semi-fabricated aluminum products.
Global Brass and Copper Holdings Inc. – Schaumburg, Ill., 9.4 million shares, priced $15 to $17, managed by Goldman Sachs and Morgan Stanley. Proposed NYSE symbol BRSS. Business: Fabricator and distributor of brass and copper products for various end markets.
Ply Gem Holdings Inc. – Cary, N.C., 15.8 million shares, priced $18 to $20, managed by J.P. Morgan, Credit Suisse, and Goldman Sachs. Proposed NYSE symbol PGEM. Business: A leading manufacturer of exterior building products in the U.S. and Canada.
Portola Pharmaceuticals Inc. – South San Francisco, Calif., 6.9 million shares, priced $13 to $16, managed by Morgan Stanley and Credit Suisse. Proposed Nasdaq symbol PTLA. Business: Developing a blood thinner and a novel reversal agent for acutely ill patients.