15 New IPOs Scheduled for Week of June 23

Francis Gaskins |

IPO, IPO report, IPOs this week, IPOs today, what stocks to buy nowThe complete calendar is at IPOpremium.com

Ranked in size of IPO

(1) Based in Memphis, TN, ServiceMaster Global Holdings ($SERV) scheduled a $700 million IPO on the NYSE with a market capitalization of $2.5 billion at a price range midpoint of $19.50 for Thursday, June 26, 2014.

SERV is a stable consumer services-oriented business with top line revenue growth around 3.5% annually. Customer retention rates are high.

(2) Based in Irving, TX, The Michaels Companies ($MIK) scheduled a $500 million IPO on the Nasdaq with a market capitalization of $4.6 billion at a price range midpoint of $18 for Friday, June 27, 2014.

MIK is a large arts and crafts specialty retailer

(3) Based in San Mateo, CA, GoPro ($GPRO) scheduled a $400 million IPO on the Nasdaq with a market capitalization of $2.8 billion at a price range midpoint of $22.50 for Thursday, June 26, 2014.

GPRO is fast growing with an established wearable HD camera brand, protected by a number of patents.

(4) Based in Juno Beach, FL, NextEra Energy Partners, LP ($NEP) scheduled a $325 million IPO on the NYSE with a market capitalization of $1.52 billion at a price range midpoint of $20 for Friday, June 27, 2014.

NEP is a growth-oriented limited partnership formed by NextEra Energy, Inc. to own, operate and acquire contracted clean energy projects with stable, long-term cash flows through its limited partner interest in NEE Operating LP.

(5) Based in Leuven, Belgium, Materialise NV ($MTLS) scheduled a $104 million IPO on the Nasdaq with a market capitalization of $612 million at a price range midpoint of $13 for Wednesday, June 25, 2014.

MTLS is a leading provider of additive manufacturing software and of sophisticated 3D printing services. MTLS is a service bureau, a company which provides business services for a fee.

(6) Based in Cham, Switzerland, TCP International Holdings Ltd. ($TCPI) scheduled a $100 million IPO on the Nasdaq with a market capitalization of $440 million at a price range midpoint of $14 for Thursday, June 26, 2014.

TCPI is a leading global provider of energy efficient LED and CFL (compact fluorescent lamplighting) technologies.

(7) Based in Lewisville, TX, Adeptus Health ($ADPT) scheduled a $100 million IPO on the NYSE with a market capitalization of $424 million at a price range midpoint of $20.50 for Wednesday, June 25, 2014.

ADPT owns and operates First Choice Emergency Rooms, the largest network of independent freestanding emergency rooms in the United States.

(8) Based in Rancho Cucamonga, CA, Amphastar Pharmaceuticals ($AMPH) scheduled an $81 million IPO on the Nasdaq with a market capitalization of $470 million at a price range midpoint of $11 for Wednesday, June 25, 2014.

AMPH currently manufactures and sells 15 products in the U.S. and is developing a portfolio of 13 generic and seven proprietary injectable and inhalation product candidates.

(9) Based in Lexington, MA, Imprivata ($IMPR) scheduled a $75 million IPO on the NYSE with a market capitalization of $342 million at a price range midpoint of $15 for Wednesday, June 25, 2014.

IMPR is a leading provider of authentication and access management technology solutions for the healthcare industry.

(10) Based in Shenzhen, China, Xunlei Limited ($XNET) scheduled a $73 million IPO on the Nasdaq with a market capitalization of $694 million at a price range midpoint of $10 for Tuesday, June 24, 2014.

XNET is one of the top 10 largest Chinese internet companies, as measured by user base.

 (11) Based in La Jolla, CA, Ambrx ($AMBX) scheduled a $70 million IPO on the Nasdaq with a market capitalization of $223 million at a price range midpoint of $13 for Wednesday, June 25, 2014.

AMBX is a clinical stage biotechnology company focused on discovering and developing first-in-class and best-in-class optimized protein therapeutics known as bio-conjugates.

(12) Based in Cambridge, MA, Minerva Neurosciences ($NERV) scheduled a $69 million IPO on the Nasdaq with a market capitalization of $186 million at a price range midpoint of $11 for the week of June 23, 2014.

NERV is a clinical-stage biopharmaceutical company focused on the development and commercialization of a portfolio of product candidates to treat patients suffering from central nervous system, or CNS, diseases.

(13) Based in Kennewick, WA, Taggares Agriculture ($TAG) scheduled a $46 million IPO on the Nasdaq with a market capitalization of $54 million at a price range midpoint of $6.50 for the week of June 23, 2014.

TAG was formed in January 2014 to leverage the well-established Taggares family name and farming expertise to acquire, re-develop and operate profitable farmland in the Pacific Northwest (the region encompassing Washington, Oregon and Idaho).

(14) Based in Emeryville, CA, KineMed ($KNMD) scheduled a $31 million IPO on the Nasdaq with a market capitalization of $114 million at a price range midpoint of $7 for the week of June 23, 2014.

KNMD is a revenue-generating health technology company that has developed a proprietary biomarker platform technology with numerous applications in drug development and medical diagnostics.

(15) Based in Louisville, CO, GlobeImmune (GBIM) scheduled a $25 million IPO on the Nasdaq with a market capitalization of $82 million at a price range midpoint of $16 for Friday, June 27, 2014.

GBIM is a biopharmaceutical company established in 1995 focused on developing products for the treatment of cancer and infectious diseases based on its proprietary Tarmogen® platform.

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Companies

Symbol Name Price Change % Volume
SERV ServiceMaster Global Holdings Inc. 38.99 -0.11 -0.28 708,891
GPRO GoPro Inc. 9.23 0.03 0.33 3,808,094
TCPI TCP International Holdings Ltd. n/a n/a n/a 0
NEP NextEra Energy Partners LP representing limited pa 25.32 0.43 1.73 544,465
MIK The Michaels Companies Inc. 23.53 -0.23 -0.97 1,058,508
NERV Minerva Neurosciences Inc 13.40 0.40 3.08 116,633
XNET Xunlei Limited 4.27 -0.08 -1.84 100,195
ADPT Adeptus Health Inc. 8.45 0.08 0.96 529,483
IMPR Imprivata Inc. n/a n/a n/a 0
AMPH Amphastar Pharmaceuticals Inc. 19.73 -0.23 -1.15 301,318
GBIM GlobeImmune Inc. 0.40 0.00 0.00 32,776
MTLS Materialise NV 8.04 0.07 0.88 40,610
NDVLY New World Development Co. Ltd. ADR (Sponsored) 2.31 -0.02 -0.86 1,476

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