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 March 14:

Hutchison China MediTech – Hong Kong, 6.1 million shares, priced at $16.33, managed by BofA Merrill Lynch/Deutsche Bank. Proposed Nasdaq symbol HCM. Business: Pharmaceutical.

Senseonics Holdings – Germantown, Md., 18.2 million shares, priced $3.10-$3.50, managed by Leerink Partners/Canaccord Genuity. Proposed NYSE MKT symbol SENS. Business: Developing a long-lasting implantable glucose monitor for diabetics.

Spring Bank Pharmaceuticals – Milford, Mass., 2.3 million shares, priced $13-$15, managed by William Blair/Wedbush PacGrow. Proposed Nasdaq symbol SBPH. Business: Early stage biotech developing therapies for viral diseases.