3 IPOs for the Week of Nov 2nd

Francis Gaskins |

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IPO calendar HERE

(1) Based in Paris, France, GenSight Biologics S.A. (GNST) scheduled a $65 million IPO on Nasdaq with a market capitalization of $256 million at a price range midpoint of $14 for Friday, Nov. 6th, 2015.

GNST is a clinical-stage biotechnology company discovering and developing novel therapies for mitochondrial and neurodegenerative diseases of the eye and, in the future, of the central nervous system.

To address these therapeutic areas, GNST leverages its integrated development platform by combining a gene therapy-based approach with its core technology platforms of mitochondrial targeting sequence, or MTS, and optogenetics.

(2)  Based in Allen, TX,Xtera Communications (XCOM) scheduled a $55 million IPO on Nasdaq with a market capitalization of $176 million at a price range midpoint of $10 for Friday, Nov. 6th, 2015.

XCOM is a leading provider of high-capacity, cost-effective optical transport solutions, supporting the high growth in global demand for bandwidth.

XCOM sells its high-capacity optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities worldwide to support their deployments of long-haul terrestrial and submarine optical cable networks.

(3) Based in Wenling, China,Fuling Global (FORK) scheduled at $78 million 'best efforts' IPO on Nasdaq at a price point of $5 for Wednesday, November 4, 2015.

FORK’s environmentally conscious disposable plastic food service products are used by McDonald's (MCD) , Subway, Wendy’s, Burger King, KFC (China only), Wal-Mart (WMT) , McKesson, Woolworths and more than one hundred other customers. FORK updated report, best efforts. 

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Companies

Symbol Name Price Change % Volume
WMT Wal-Mart Stores Inc. 70.88 0.21 0.30 6,668,383
MCD McDonald\'s Corporation 118.24 -0.23 -0.19 3,348,323

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