NEW YORK — 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 Nov. 4
36KR Holdings – 3.6 million shares, priced $14.50-$17.50, managed by Credit Suisse/CICC. Proposed Nasdaq symbol KRKR. Business: Online media publisher focused on New Economy companies in China.
89bio – San Francisco, 4.4 million shares, priced $15-$17, managed by BofA Securities/SVB Leerink. Proposed Nasdaq symbol ETNB. Business: Phase 1 biotech developing therapies for NASH and other metabolic diseases.
CNS Pharmaceuticals – Houston, Texas, 2.1 million shares, priced $4-$5, managed by The Benchmark Company. Proposed Nasdaq symbol CNSP. Business: Early stage biotech developing therapies for brain cancer and other CNS tumors.
Centogene – Rostock, Germany, 4 million shares, priced $14-$16, managed by SVB Leerink/Evercore ISI. Proposed Nasdaq symbol CNTG. Business: Provides genetic tests for rare disease diagnostics and drug development.
GFL Environmental – Vaughan, Canada, 87.6 million shares, priced $20-$24, managed by JP Morgan/BMO Capital Markets. Proposed NYSE symbol GFL. Business: North America’s fourth-largest diversified waste management firm.
Galera Therapeutics – Malvern, Pa., 5 million shares, priced $14-$16, managed by BofA Securities/Citi. Proposed Nasdaq symbol GRTX. Business: Phase 3 biotech developing treatments for radiotherapy-induced mucositis.
LGL Systems Acquisition – Reno, Nevada, 12.5 million shares, priced at $10, managed by Jefferies/BTIG. Proposed Nasdaq symbol DFNSU. Business: Blank check company led by Marc Gabelli and the co-founder of L3 Technologies.
Merida Merger I – New York, 10 million shares, priced at $10, managed by EarlyBirdCapital. Proposed Nasdaq symbol MCMJU. Business: Black check formed by Merida Capital Partners targeting the cannabis.
Q&K International – Shanghai, China, 5.2 million shares, priced $17-$19, managed by Morgan Stanley/CICC. Proposed Nasdaq symbol QK. Business: Renovates and sub-leases apartments in Chinese cities.
Silvergate Capital – La Jolla, Calif., 3.7 million shares, priced $13-$15, managed by Barclays/Keefe Bruyette Woods. Proposed NYSE symbol SI. Business: California commercial bank with a focus on digital currency businesses.
Stable Road Acquisition – Venice, Calif., 15 million shares, priced at $10, managed by Cantor Fitzgerald. Proposed Nasdaq symbol SRACU. Business: Blank check company company focused on companies within the cannabis industry.
TELA Bio – Malvern, Pa., 4 million shares, priced $14-$16, managed by Jefferies/Piper Jaffray. Business: Sells soft tissue implants used in hernia repair and reconstructive surgery.
The Associated Press