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 July 5:

Gemphire Therapeutics – Northville, Mich., 3.75 million shares price $11-$13, managed by Jefferies/RBC Capital Markets. Proposed Nasdaq symbol GEMP. Business: Developing a nonstatin therapy to treat high cholesterol.

Tactile Systems Technology – Minneapolis, 4 million shares priced $14-$16, managed by Piper Jaffray/William Blair/Canaccord Genuity. Proposed Nasdaq symbol TCMD. Business: Sell at-home compression therapy devices for vascular swelling.