4 New IPOs for the Week of August 11

Francis Gaskins |

Full IPO calendar & reports HERE. In order of largest IPO first. 

(1)  Based in San Diego, CA, Otonomy (OTIC) scheduled an $80 million IPO on the Nasdaq with a market capitalization of $291 million at a price range midpoint of $15 for Wednesday, August 13, 2014.

OTIC is a clinical-stage biopharmaceutical company focused on the development and commercialization of innovative therapeutics for the treatment of diseases and disorders of the ear.

(2) Based in  St. Petersburg, FL, C1 Financial (BNK) scheduled a $50 million IPO on the NYSE with a market capitalization of $303 million at a price range midpoint of $19 for Thursday, August 14, 2014.

BNK is based in St. Petersburg, Florida and operates from 28 banking centers and one loan production office on the West Coast of Florida and in Miami-Dade and Orange Counties.

(3) Based in Redwood City, CA, Capnia (CAPNU) scheduled a $20 million IPO on the Nasdaq with a market capitalization of $52 million at a price range midpoint of $7.50 for Wednesday, August 13, 2014.

CAPNU develops medical diagnostics and therapeutics based on its proprietary technology for precision metering of gas flow.

(4) Based in Minneapolis, MN, GWG Holdings (GWGH) scheduled a $20 million IPO on the Nasdaq with a market capitalization of $110 million at a price range midpoint of $12.50 for the week of August 11, 2014.

GWGH provides financial solutions to consumers in the emerging secondary market for life insurance assets.

 

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Companies

Symbol Name Price Change % Volume
BNK C1 Financial Inc. n/a n/a n/a 0
OTIC Otonomy Inc. 15.55 0.20 1.30 107,917
GWGH GWG Holdings Inc 7.99 0.15 1.91 9,229
MXG:CHI Maxim Power Corp. n/a n/a n/a n/a

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