NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.renaissancecapital.com) and SEC filings.
Week of April 7:
Adamas Pharmaceuticals Inc. – Emeryville, Calif., 3 million shares, priced $16 to $18, managed by Credit Suisse and Piper Jaffray. Proposed Nasdaq symbol ADMS. Business: Develops treatments for central nervous system disorders such as Parkinson’s and Alzheimer’s.
Aldeyra Therapeutics Inc. – Burlington, Mass., 2.3 million shares, priced $10 to $12, managed by Aegis Capital. Proposed Nasdaq symbol ALDX. Business: Clinical-stage biotech developing treatments for rare skin and eye diseases.
Ally Financial Inc. – Detroit, 95 million shares, priced $25 to $28, managed by Citigroup, Goldman Sachs, and Morgan Stanley. Proposed NYSE symbol ALLY. Business: The leading global auto finance company and former unit of GM.
Cerulean Pharma Inc. – Cambridge, Mass., 5 million shares, priced $11 to $13, managed by Leerink Partners. Proposed Nasdaq symbol CERU. Business: Clinical-stage biotech developing targeted cancer therapies for liver and ovarian cancer.
City Office REIT Inc. – Vancouver, Canada, 6.7 million shares, priced $14 to $16, managed by Janney Montgomery Scott, Wunderlich, and Oppenheimer. Proposed NYSE symbol CIO. Business: Formed to acquire and operate high-quality office properties in the U.S.
Enable Midstream Partners LP – Oklahoma City, Okla., 25 million common units, priced $19 to $21, managed by Morgan Stanley, Barclays, and Goldman Sachs. Proposed NYSE symbol ENBL. Business: Owns, operates and develops natural gas and crude oil infrastructure assets.
Farmland Partners Inc. – Westminster, Colo., 4.7 million shares, priced $14 to $16, managed by Baird, BMO Capital Markets, and Janney Montgomery Scott. Proposed NYSE symbol FPI. Business: Internally managed REIT that owns farmland properties in North America.
iKang Healthcare Group Inc. – Beijing, China, 10.9 million American depositary shares, each representing one-half of a class A common share, priced $12 to $14, managed by BofA Merrill Lynch, UBS, and Oppenheimer. Proposed Nasdaq symbol KANG. Business: China’s largest private operator of medical exam and disease screening centres.
La Quinta Holdings Inc. – Irving, Texas, 37.2 million shares, priced $18 to $21, managed by J.P. Morgan and Morgan Stanley. Proposed NYSE symbol LQ. Business: One of the largest select-service hotel operators in the U.S. with more than 830 locations.
Lombard Medical Inc. – Oxfordshire, U.K., 3.6 million ordinary shares, priced $15 to $18, managed by Jefferies and Barclays. Proposed Nasdaq symbol EVAR. Business: Develops stent-grafts for endovascular aorta repair.
Paycom Software Inc. – Oklahoma City, Okla., 6.6 million shares, priced $18 to $20, managed by Barclays and J.P. Morgan. Proposed NYSE symbol PAYC. Business: Provides on-demand payroll and human capital management software.
Phibro Animal Health Corp. – Teaneck, N.J., 11.8 million shares, priced $16 to $18, managed by BofA Merrill Lynch, Morgan Stanley, and Barclays. Proposed Nasdaq symbol PAHC. Business: Leading manufacturer of pharmaceutical and nutrition products for livestock.
Stalwart Tankers Inc. – Athens, Greece, 12.5 million shares, priced $11 to $13, managed by Jefferies, Wells Fargo, and Global Hunter. Proposed NYSE symbol STST. Business: Recently formed to acquire and operate a fleet of mid-size chemical tankers.
Sysorex Global Holdings Corp. – Santa Clara, Calif., 3.3 million shares, priced $5 to $6, managed by Wellington Shield and Dougherty & Co. Proposed Nasdaq symbol SYRX. Business: Provides IT infrastructure solutions to enterprises and governments.
Zoe’s Kitchen Inc. – Birmingham, Ala., 5.8 million shares, priced $11 to $13, managed by Jefferies, Piper Jaffray, and Baird. Proposed NYSE symbol ZOES. Business: Operates 113 fast-casual restaurants serving flavourful, Mediterranean, naturally healthful meals prepared fresh daily.