The initial public offering (IPO) calendar continues to attract investors, with five major upcoming IPOs in August.
IPOs could offer investors a unique opportunity to generate a remarkable amount of profit as soon as the company hits the market. Below is a preview of the five biggest upcoming offerings. Mind you, investing in IPOs may bear a significant amount of risk and volatility.
Top IPOs to Watch for in 2015
Planet Fitness Inc. (NYSE/PLNT)
Planet Fitness Inc. (NYSE/PLNT) submitted a filing to the Securities and Exchange Commission (SEC) on June 22, 2015 about its IPO. The company has applied to list on NYSE under the symbol “PLNT.” Planet Fitness is expected to offer over 13.5 million shares between $14.00 and $16.00 per share through main underwriters JPMorgan Securities LLC, Jefferies LLC and Credit Suisse Securities (USA) LLC.
The company is one of the largest and fastest-growing franchisors and operators of fitness centers in the United States by a number of members and locations, with a highly recognized national brand. Their mission is to enhance people’s lives by providing a high-quality fitness experience.
Sunrun Inc. (NASDAQ/RUN)
Sunrun Inc. (NASDAQ/RUN) is expected to hit the market next week. The company submitted a filing to the SEC on June 25, 2015 about its IPO. They have applied to list on the NASDAQ under the symbol “RUN.” About 18 million shares between the price of $14.00 and $16.00 are expected to hit the market. The shares will be issued through main underwriters Morgan Stanley, Credit Suisse, and Goldman Sachs.
The company provides homeowners with clean, affordable solar energy and a best-in-class customer experience. In 2007, the company pioneered the residential solar service model, creating a hassle-free, low-cost solution for homeowners seeking to lower their energy bills.
Amplify Snack Brands Inc. (NYSE/BETR)
Amplify Snack Brands Inc. (NYSE/BETR) submitted a filing to the SEC on June 26, 2015 to go public. The company will be listed on the NYSE under the symbol “BETR.” The company plans to issue 15 million shares priced between $14.00 and $16.00 throughmain underwriters Jefferies, Goldman Sachs, and Credit Suisse.
Amplify Snack Brands is a high-growth snack food company focused on developing and marketing products that appeal to consumers’ growing preference for Better-For-You, or BFY, snacks. The company’s anchor brand, “SkinnyPop,” is a rapidly growing, highly profitable, and market-leading BFY ready-to-eat, or RTE.
Aimmune Therapeutics, Inc. (NASDAQ/AIMT)
Aimmune Therapeutics, Inc. (NASDAQ/AIMT) submitted a filling to the SEC to go public on July 6, 2015. The company has applied to list on NASDAQ under the symbol “AIMT.” The company is expected to offer over eight million shares between $14.00 and $16.00 per share through the main underwriters BofA Merrill Lynch, Piper Jaffray, and Credit Suisse.
Aimmune Therapeutics is a clinical-stage biopharmaceutical company advancing a new therapeutic approach, for the treatment of peanut and other food allergies. It is estimated that over 30 million people in the U.S. and Europe have a food allergy, with a peanut allergy being the most prevalent.
Philadelphia Energy Solutions Inc. (NYSE/PESC)
Philadelphia Energy Solutions Inc. (NYSE/PESC) submitted a filing to the SEC on February 2, 2015 about its IPO. The company has applied to list on the NYSE under the symbol “PESC.” They’re expected to offer over 15 million shares between $15.00 and $18.00 per share through main underwriters Merrill Lynch and Credit Suisse.
The company will be a holding company with two operating subsidiaries, Refining and Logistics, that operate their refining and logistics business segments, respectively. Refining is a merchant refiner and marketer that operates the 190,000 barrels-per-day Girard Point facility.