The initial public offering (IPO) calendar continues to entertain investors, with four upcoming IPOs this week.
IPOs are coming from companies in pharmaceuticals, to pet foods, to retail. Investors may want to keep an eye on IPOs as they offer a unique opportunity to get involved in a publicly-traded company on the first day of trading.
Below is a preview of the four biggest upcoming offerings. Keep in mind that investing in IPOs may subject to a notable amount of risk.
Neos Therapeutics, Inc. (NASDAQ/NEOS)
Neos Therapeutics, Inc. (NASDAQ/NEOS) submitted a filing to the Securities and Exchange Commission (SEC) on July 13, 2015 about its IPO. It is expected to price during the week of July 20, 2015. The company plans to raise $60.0 million by offering four million shares at a price range of $14.00 to $16.00. The underwriters for this offering are UBS Group AG (NYSE/UBS), Bank of Montreal (NYSE/BMO), RBC, and JMP Securities.
Neos Therapeutics is a pharmaceutical company focused on developing, manufacturing and commercializing products utilizing their proprietary modified-release drug delivery technology platform. They have already used this to develop their three branded product candidates for the treatment of attention deficit hyperactivity disorder, or ADHD.
ProNAi Therapeutics Inc (NASDAQ/DNAI)
ProNAi Therapeutics Inc (NASDAQ/DNAI) is expected to hit the market this week. The company submitted a filing to the SEC on June 12, 2015 about its IPO. The company has applied to list on the NASDAQ under the symbol “DNAI” with about nine million shares between the price of $14.00 and $16.00 per share, through main underwriters Jefferies, and Bank of America Merrill Lynch.
ProNAi is a clinical-stage oncology company pioneering a novel class of therapeutics based on a proprietary DNA interference technology platform. The company’s vision is to be the leader in developing and commercializing a portfolio of DNA-based therapies to deliver extraordinary therapeutic outcomes that dramatically change patients’ lives.
MCBC Holdings Inc. (NASDAQ/MCFT)
MCBC Holdings Inc. (NASDAQ/MCFT) submitted a filing to the SEC on May 1, 2015 about its IPO. The company has applied to list on NASDAQ under the symbol “MCFT.”
MCBC Holdings is expected to offer about six million shares between $13.00 and $15.00 per share through the main underwriters Wells Fargo Securities, Raymond James and, Baird.
MCBC Holdings is a world-renowned innovator, designer, manufacturer, and marketer of premium performance sport boats. The company maintains a leading market position in the U.S., a strong international presence, and has dealers in 40 countries around the world. Their boats are used for water skiing, wakeboarding, and wake surfing,
Blue Buffalo Pet Products Inc. (NASDAQ/BUFF)
Blue Buffalo Pet Products Inc. (NASDAQ/BUFF) submitted a filing to the SEC on June 10, 2015 about its IPO. The company has applied to list on NASDAQ under the symbol “BUFF” and is expected to offer over nine million shares between $16.00 and $18.00 per share through main underwriters Morgan Stanly, Barclays, and JPMorgan.
Blue Buffalo Pet Products is the fastest-growing major pet food company in the United States, selling dog and cat food made with whole meats, fruits and vegetables, and other high-quality, natural ingredients. BLUE is a billion-dollar brand based on sales in retail and is the number one brand in the natural food market.