The IPO market hasn’t been this busy since 2014, with 16 companies expected to launch their IPOs this week. Planned proceeds are anticipated to be around $7.8 billion, which will be the biggest week since May 2019 when Uber went public.
The list includes Snowflake Inc. (SNOW), a cloud company with a proposed price range of $100 to $110 for its initial public offering. The company is planning to offer 28 million shares to raise up to $3.08 billion, which would make it the biggest deal of the year and the largest software IPO of all time. Here’s the full list of IPOs expected from Sept 16-18.
9/16/2020
Snowflake Inc. (SNOW)
Market: NYSE
Price: 100.00-110.00
Shares: 28,000,000
Offer Amount: $3,542,000,0000
JFrog Ltd (FROG)
Market: NASDAQ Global Select
Price: 39.00-41.00
Shares: 11,568,218
Offer Amount: $545,441,450.000
StepStone Group Inc. (STEP)
Market: NASDAQ Global Select
Price: 15.00-17.00
Shares: 17,500,000
Offer Amount: $342,125,0000
Metacrine, Inc. (MTCR)
Market: NASDAQ Global
Price: 12.00-14.00
Shares: 6,540,000
Offer Amount: $105,294,0000
9/17/2020
Alpha Healthcare Acquisition Corp. (AHACU)
Market: NASDAQ Capital
Price: 10.00
Shares: 10,000,000
Offer Amount: $115,000,0000
Dyne Therapeutics, Inc. (DYN)
Market: NASDAQ Global
Price: 16.00-18.00
Shares: 10,300,000
Offer Amount: $213,210,000.000
Vitru Ltd (VTRU)
Market: NASDAQ Global Select
Price: 22.00-24.00
Shares: 11,230,126
Offer Amount: $309,951,4560
American Well Corp (AMWL)
Market: NYSE
Price: 14.00-16.00
Shares: 35,000,000
Offer Amount: $644,000,000.000
Broadstone Net Lease, Inc. (BNL)
Market: NYSE
Price: 17.00-19.00
Shares: 33,500,000
Offer Amount: $731,975,0000
Pactiv Evergreen Inc. (PTVE)
Market: NASDAQ Global Select
Price: 18.00-21.00
Shares: 41,026,000
Offer Amount: $990,777,9000
Sumo Logic, Inc. (SUMO)
Market: NASDAQ Global Select
Price: 17.00-21.00
Shares: 14,800,000
Offer Amount: $357,420,000.000
9/18/2020
Unity Software Inc. (U) / NYSE
Market: NYSE
Price: 34.00-42.00
Shares: 25,000,000
Offer Amount: $1,207,500,000.000
Athira Pharma, Inc. (ATHA)
Market: NASDAQ Global
Price: 15.00-17.00
Shares: 10,000,000
Offer Amount: $195,500,0000
