Week of April 14th: 9 new IPOs Scheduled

Francis Gaskins |

The full IPO calendar is available at IPOpremium.com

Ranked by IPO size. $2.2 billion in scheduled new offerings.

(1)  Based in Southlake, TX, Sabre ($SABR) scheduled a $850 million IPO on the Nasdaq with a market capitalization of $4.7 billion at a price range midpoint of $19 for Thursday, April 17, 2014.

SABR is in an increasingly competitive travel/tourism business without a clear competitive advantage.

(2) Based in Haidian District, Beijing, Weibo ($WB) scheduled a $360 million IPO on the Nasdaq with a market capitalization of $1.58 billion at a price range midpoint of $18 for Thursday, April 17, 2014.

WB is a leading social media platform for people to create, distribute and discover Chinese-language content.

(3) Based in New York, NY, Moelis & Company ($MC) scheduled a $201 million IPO on the NYSE with a market capitalization of $999 million at a price range midpoint of $27.50 for Wednesday, April 16, 2014.

MC is a leading global independent investment bank that provides innovative strategic and financial advice to a diverse client base including corporations, governments, and financial sponsors.

(4) Based in Guangqu Home, Dongcheng District, Beijing, Leju Holdings Limited ($LEJU) scheduled a $1.56 billion IPO on the NYSE with a market capitalization of $195 million at a price range midpoint of $11 for Thursday, April 17, 2014.

LEJU is a leading real estate services provider in China.

(5) Based in Irvine, CA, Opus Bank ($OPB) scheduled a $187 million IPO on the Nasdaq with a market capitalization of $907 million at a price range midpoint of $32.50 for Wednesday, April 16, 2014.

Community bank formed from bankruptcy a little over three years ago. New loans haven’t been ‘seasoned’ yet. Funded by private equity firms.

(6) Based in Midvale, UT, Sportsmans Warehouse Holdings ($SPWH) scheduled a $150 million IPO on the Nasdaq with a market capitalization of $495 million at a price range midpoint of $12 for Thursday, April 17, 2014.

SPWH is a highly leveraged sporting goods retailer.

(7) Based in Santa Rosa, CA, TriVascular Technologies ($TRIV) scheduled a $91 million IPO on the Nasdaq with a market capitalization of $271 million at a price range midpoint of $14 for Wednesday, April 16, 2014.

TRIV is a medical device company developing and commercializing innovative technologies to significantly advance minimally invasive treatment of abdominal aortic aneurysms.

(8) Based in Midlothian, United Kingdom, Quotient ($QTNT) scheduled a $75 million IPO on the Nasdaq with a market capitalization of $216 million at a price range midpoint of $15 for Wednesday, April 16, 2014.

QTNT is an established, commercial-stage diagnostics company committed to reducing healthcare costs and improving patient care through the development and commercialization of innovative tests for blood grouping and serological disease screening, commonly referred to as transfusion diagnostics.

(9) Based in San Diego, CA, Vital Therapies ($VTL) scheduled a $63 million IPO on the Nasdaq with a market capitalization of $295 million at a price range midpoint of $14 for Thursday, April 17, 2014.

VTL is a biotherapeutic company focused on developing a cell-based therapy targeting the treatment of all forms of acute liver failure.

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
MC Moelis & Company Class A 28.75 -0.10 -0.35 329,340
QTNT Quotient Limited 4.35 0.13 3.08 26,477
VTL Vital Therapies Inc. 5.00 0.10 2.04 58,944
WB Weibo Corporation 46.40 0.30 0.65 2,938,218
TRIV TriVascular Technologies Inc n/a n/a n/a 0
OPB Opus Bank 26.15 0.35 1.36 401,952
SPWH Sportsman\'s Warehouse Holdings Inc. 9.02 -0.06 -0.66 381,645
SABR Sabre Corporation 25.57 0.01 0.04 2,155,776
LEJU Leju Holdings Limited American Depositary Shares e 3.98 0.06 1.53 133,421
HHILF Hopewell Highway Infrastructure Ltd 0.50 0.00 0.00 0

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