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 16:

National Commerce Corp. – Birmingham, Ala., 1.6 million shares, priced $18.50 to $20.50, managed by Keefe, Bruyette, & Woods. Proposed Nasdaq symbol NCOM. Business: Commercial bank with 15 offices in Alabama and Florida and $1.1 billion in assets.

SteadyMed Ltd. – Rehovot, Israel, 4.25 million ordinary shares, priced $12 to $14, managed by Wells Fargo, and RBC Capital Markets. Proposed Nasdaq symbol STDY. Business: Developing a combination therapy and pump for pulmonary disease and pain.

Valeritas Inc. – Bridgewater, N.J., 5 million shares, priced $14 to $16, managed by Piper Jaffray, and Leerink Partners. Proposed Nasdaq symbol VLRX. Business: Markets a disposable device that delivers basal-bolus insulin therapy for Type 2 diabetes.