NEW YORK, N.Y. – 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 May 11:
Arcadia Biosciences Inc. – Davis, Calif., 7.15 million shares, priced $13 to $15, managed by Credit Suisse, J.P. Morgan, and Piper Jaffray. Proposed Nasdaq symbol RKDA. Business: Developing a portfolio of crop productivity traits for genetically modified seeds.
EQT GP Holdings LP – Pittsburgh, 20 million common units, priced $21 to $24, managed by Barclays, Goldman Sachs, and BofA Merrill Lynch. Proposed NYSE symbol EQGP. Business: Owns GP and LP interests in midstream energy MLP EQT Midstream Partners.
Fenix Parts Inc. – Westchester, Ill., 11 million shares, priced $9 to $11, managed by BMO Capital Markets, and Stifel. Proposed Nasdaq symbol FENX. Business: Recently formed rollup of eight recycled auto parts providers.
Fortress Transportation & Infrastructure Investors LLC – New York, 20 million shares, priced $19 to $21, managed by multiple bookrunners. Proposed NYSE symbol FTAI. Business: LLC formed by Fortress to own aviation, rail and marine transportation assets.
Galapagos NV – Belgium, 4.72 million American depositary shares, each representing one ordinary share, priced at $42.43, managed by Morgan Stanley, Credit Suisse, and Cowen & Co. Ordinary shares trade in Brussels and Amsterdam. Proposed Nasdaq symbol GLPG. Business: Clinical stage biotech developing new treatments for inflammatory diseases.
Jaguar Animal Health Inc. – San Francisco, 3.15 million shares, priced at $7 each, managed by Aegis Capital. Proposed Nasdaq Capital Market symbol JAGX. Business: Developing an animal formulation of its parent’s approved diarrhea treatment.