10 New IPOs for Week of December 8 Raising $2.55 billion

Francis Gaskins |

IPOs, IPOs this week, stocks to buy now, small-cap stocks, new IPOsFull IPO calendar & reports HERE

In order of largest IPO first. 

(1) Based in San Francisco, CA,LendingClub (LC) scheduled a $635 million IPO on NYSE with a market capitalization of $4 billion at a price range midpoint of $11 for Thursday, December 11, 2014.

LC is the world’s largest online marketplace connecting borrowers and investors.

(2) Based in New York, NY,Polar Star Realty Trust (PSRT) scheduled a $500 million IPO on NYSE with a market capitalization of $800 million at a price range midpoint of $11.50 for Thursday, Dec. 11, 2014.

PSRT is an internally managed Maryland corporation that acquires, owns, leases, manages and redevelops office and industrial properties located primarily in Norway, Sweden and Denmark, which PSRT refers to as the Nordics or the Nordic Region.

(3) Based in Plymouth, MI,Metaldyne Performance Group (MPG) scheduled a $300 million IPO on NYSE with a market capitalization of $1.3 billion at a price range midpoint of $19.50 for Friday, Dec. 12, 2014.

MPG is a leading provider of highly-engineered components for use in Powertrain and Safety-Critical Platforms for the global light, commercial and industrial vehicle markets.

MPG produces these components using complex metal-forming manufacturing technologies and processes for a global customer base of vehicle OEMs and Tier I suppliers.

(4) Based in Hamilton, Bermuda,James River Group Holdings (JRVR) scheduled a $253 million IPO on Nasdaq with a market capitalization of $656 million at a price range midpoint of $23 for Friday, Dec. 12, 2014.

JRVR is a Bermuda-based insurance holding company. JRVR owns and operates a group of specialty insurance and reinsurance companies founded by members of its management team.

(5) Based in Dublin, Ireland,Avolon Holdings Limited (AVOL) scheduled a $300 million IPO on NYSE with a market capitalization of $1.8 billion at a price range midpoint of $22 for Friday, Dec. 12, 2014.

AVOL is a leading global aircraft leasing company focused on acquiring, managing and selling commercial aircraft.

AVOL was launched in May 2010 by an experienced team of aircraft leasing and financing professionals.

(6) Based in Beijing, China,Momo (MOMO) scheduled a $216 million IPO on Nasdaq with a market capitalization of $2.5 billion at a price range midpoint of $13.50 for Thursday, Dec. 11, 2014.

MOMO is a revolutionary mobile-based social networking platform. MOMO enables users to establish and expand social relationships based on location and interests.

MOMO’s platform includes its Momo mobile application and a variety of related features, functionalities, tools and services that MOMO provides to users, customers and platform partners. MOMO has established itself as one of China’s leading mobile social networking platforms in less than three years since its inception

(7) Based in Ames, IA,Workiva (WK) scheduled a $101 million IPO on NYSE with a market capitalization of $553 million at a price range midpoint of $14 for Friday, Dec. 12, 2014.

WK has pioneered a cloud-based and mobile-enabled platform for enterprises to collaboratively collect, manage, report and analyze critical business data in real time.

WK’ssecure software platform, Wdesk, allows users to integrate and control all of their business data, regardless of format or location, with innovative live-linking technology.

(8) Based in San Francisco, CA,New Relic (NEWR) scheduled a $95 million IPO on NYSE with a market capitalization of $876 million at a price range midpoint of $19 for Friday, Dec. 12, 2014.

NEWR is building a new category of enterprise software it calls Software Analytics.

NEWR's success is dependent on the market adoption of this emerging and unproven category of software, which may not yet be well understood by the market.

(9) Based in Palo Alto, CA,Hortonworks (HDP) scheduled a $78 million IPO on Nasdaq with a market capitalization of $538 million at a price range midpoint of $13 for Friday, Dec. 12, 2014.

HDP’s mission is to establish Hadoop as the foundational technology of the modern enterprise data architecture.

HDP seeks to advance the market adoption of Hadoop and provide enterprises with a new data management solution that enables them to harness the power of big data to transform their businesses through more effective and efficient management of their valuable data assets

(10) Based in Brookfield, WI,Connecture (CNXR) scheduled a $75 million IPO on Nasdaq with a market capitalization of $271 million at a price range midpoint of $13 for Friday, Dec. 12, 2014.

CNXR is a leading web-based consumer shopping, enrollment and retention platform for health insurance distribution.

CNXR’s solutions support the industry evolution towards a consumer-centric experience that is transforming how health insurance is purchased and distributed.

 

 

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