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.

 

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Companies

Symbol Name Price Change % Volume
JMEI Jumei International Holding Limited American Depos 3.52 0.69 24.38 12,511,208 Trade
TRUE TrueCar Inc. 16.67 0.32 1.96 837,509 Trade
SFBS ServisFirst Bancshares Inc. 33.56 0.07 0.21 152,311 Trade
ZEN Zendesk Inc. 26.62 -0.08 -0.30 642,744 Trade
JPOAZ Jpm Chase Bk Pi Inds Ltd n/a n/a n/a 0

Comments

Emerging Growth

THC Therapeutics Inc

THC Therapeutics Inc is a health and healing company in the cannabis industry. The Company is engaged in developing dHydronator which is used to reduce moisture and effectively dry out…

Private Markets

California Green Tree Development

California Green Tree Development LLC (CGTD) is a for-profit LLC that plans on using California’s booming market of legal cannabis products for medical purposes. As an unprecedented resource, Cannabis has…

iPRO Network, LLC

We provide the platform, tools, and resources to empower individuals and professionals to market desirable goods and services to the public, taking the place of traditional methods of commerce.