News

Initial public offerings scheduled to debut next week

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 November 2:

First Guaranty Bancshares Inc. – Hammond, La., 750,000 shares, priced at $21 each, managed by Sandler O’Neill. Proposed Nasdaq symbol FGBI. Business: Louisiana bank with 21 branches and $1.5 billion in assets.

GenSight Biologics S.A. – Paris, France, 4.65 million American depositary shares, each representing one ordinary share, priced $13 to $15, managed by Leerink, Evercore, and Canaccord Genuity. Proposed Nasdaq symbol GNST. Business: Developing gene therapies for rare retinal diseases.

Kura Oncology Inc. – La Jolla, Calif., 3.75 million shares, priced at $16 each, managed by Citigroup, and Leerink. Proposed Nasdaq symbol KURA. Business: Developing in-licensed protein inhibitors for solid tumors and blood cancers.

Xtera Communications Inc. – Allen, Texas, 5.5 million shares, priced $9 to $11, managed by Needham, Cowen, and BMO Capital Markets. Proposed Nasdaq symbol XCOM. Business: Provides optical network infrastructure for long-haul terrestrial and submarine networks.