News

Initial public offerings scheduled to debut next week

NEW YORK, N.Y. – The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.

Week of June 27:

Global Medical REIT – Bethesda, MD, 9.1 million shares priced at $10-12, managed by Wunderlich Securities/Oppenheimer & Co. Proposed NYSE symbol GMRE. Business: Healthcare REIT with a portfolio of 12 facilities.

Syros Pharmaceuticals – Cambridge, MA, 4 million shares priced at $14-16, managed by Cowen & Company/Piper Jaffray. Proposed Nasdaq symbol SYRS. Business: Developing gene expression therapies based on non-coding DNA research.

Long island iced Tea Corp – Hicksville, NY, 1.5 million shares priced at $6.50, managed by Network 1 Financisl Securities/Axiom Capital Management. Proposed Nasdaq symbol LTEA. Business:Producer and distributor of non-alcoholic ready to drink iced tea.