6 New IPOs Scheduled for Week of May 12

Francis Gaskins |

Complete IPO calendar at IPOpremium.com

In order of largest IPO first.

(1) Based in Beijing, China, Jumei International Holding Ltd ($JMEI) scheduled a $195 million IPO on the NYSE with a market capitalization of $2.9 billion at a price range midpoint of $20.50 for Friday, May 16, 2014.

JMEI is China’s No. 1 online retailer of beauty products as measured by gross merchandise volume, or GMV (gross merchandise volume), with a market share of 22.1% in 2013, according to the Frost & Sullivan report.

(2) Based in Santa Monica, CA TrueCar (TRUE) scheduled a $102 million IPO on the Nasdaq with a market capitalization of $924 million at a price range midpoint of $13 for Friday, May 16, 2014.

TRUE provides market-based pricing data on new and used cars, and enables users to connect with TRUE's network of TrueCar Certified Dealers.



(3) Based in San Francisco, CA, Zendesk ($ZEN) scheduled a $100 million IPO on the NYSE with a market capitalization of $632 million at a price range midpoint of $9 for Thursday, May 15, 2014.

ZEN‘s platform also helps people find answers on their own through knowledge bases and communities, capitalizing on the increasing customer preference for self-service.

(4) Based in New York, NY, ETRE REIT ($ECAV) scheduled a $59 million IPO on the Nasdaq with a market capitalization of $59 million at a price range midpoint of $15 for the week of May 12, 2014.

Single asset REIT. 

(5) Based in Birmingham, AL, ServisFirst Bancshares ($SFBS) scheduled a $57 million IPO on the Nasdaq with a market capitalization of $752 million at a price range midpoint of $92 for Wednesday, May 14, 2014.

SFBS is a bank holding company, headquartered in Birmingham, Alabama.

(6) Based in Vernal, UT, SD Company ($SDPI) scheduled a $30 million IPO on the NYSE MKT with a market capitalization of $86 million at a price range midpoint of $6 for the week of May 12, 2014.

SDPI is remanufacturer of PDC (polycrystalline diamond compact) drill bits, and a designer and manufacturer of new drill bit and horizontal drill string enhancement tools for the oil, natural gas and mining services industry.

 

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Companies

Symbol Name Price Change % Volume
JMEI Jumei International Holding Limited American Depos 4.35 -0.17 -3.76 476,021
TRUE TrueCar Inc. 12.87 0.08 0.63 213,189
SFBS ServisFirst Bancshares Inc. 37.21 0.62 1.69 107,499
ZEN Zendesk Inc. 23.39 0.80 3.54 1,484,217
JPOAZ Jpm Chase Bk Pi Inds Ltd n/a n/a n/a 0

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