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 February 8:

Advanced Inhalation Therapies Ltd. – Rehovot, Israel, 700,00 shares, priced at $15, managed by Joseph Gunnar & Co. Proposed Nasdaq symbol AITPU. Business: Biopharmaceutical preparations.

Advanced Disposal Services – Ponte Vedra, FL., 21.4 million shares, priced at $20 to $22, managed by Deutsche Bank and Credit Suisse Barclays. Proposed NYSE symbol ADSW. Business: Provider of solid waste collection, recycling, and disposal services.

AveXis – Bannockburn, IL., 4.25 million shares, priced at $19 to $21, managed by Goldman Sachs and Jefferies. Proposed Nasdaq symbol AVXS. Business: Developing gene therapy for spinal muscular atrophy.

OTG EXP – New York, 32.5 million shares, priced at $16 to $18, managed by Morgan Stanely, Credit Suisse and Barclays. Proposed Nasdaq symbol OTG. Business: Airport concession operator around New York City.

Proteostasis Therapeutics – Cambridge, MA., 3.85 million shares, priced at $12 to $14, managed by Leerink Partners and RBC Capital markets. Proposed Nasdaq symbol PTI. Business: Developing combination therapeutics.