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 June 13:

PSAV – Schiller Park, Ill., 16 million shares, priced $14-$17, managed by Goldman Sachs/Morgan Stanley/Barclays. Proposed NYSE symbol PSAV. Business: Leading provider of audiovisual equipment and support services for events.

Paragon Commercial – Raleigh, N.C., 736,000 shares, priced $33-$35, managed by Raymond James. Proposed Nasdaq symbol PBNC. Business: North Carolina commercial bank with $1.3 billion in assets.

Viveve Medical – Sunnyvale, Calif., 1.5 million shares, priced at $8.00, managed by Ladenburg Thalmann & Co/Craig-Hallum Capital Group. Business: Commercializing a non-invasive medical system that reverses vaginal laxity.