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 Oct. 24:

Acushnet Holdings – Fairhaven, Mass., 19.33 million shares, priced $21-$24, managed by JP Morgan. Proposed stock symbol GOLF. Business: Manufactures and markets golf equipment under several brands (e.g. Titleist).

BlackLine – Woodland Hills, Calif., 8.6 million shares, priced $13-$15, managed by Citi. Proposed symbol BL. Business: Provides a cloud-based platform for automating financial reporting.

Full Spectrum – Sunnyvale, Calif., 1.88 million shares, priced $7-$9, managed by Joseph Gunnar & Co. Proposed symbol FMAX. Business: Develops and sells products used to create private cellular networks.

GTY Technology Holdings – Las Vegas, Nev., 40 million shares, priced at $10, managed by Citi. Proposed stock symbol GTYHU. Business: Blank check company formed by the former CEOs of Accenture and EMC to acquire a technology business.

Myovant Sciences – Hamilton, Bermuda, 13 million shares, priced $12-$15, managed by Citi. Proposed stock symbol MYOV. Business: Newly formed biotech developing an acquired therapy for endocrine disorders.

Quantenna Communications – Fremont, Calif., 6.7 million shares, priced $14-$16, managed by Morgan Stanley. Proposed stock symbol QTNA. Business: Fabless designer of next-generation chipsets for high-speed Wi-Fi networks.

Ra Pharmaceuticals – Cambridge, Mass., 5.8 million shares, priced $12-$14, managed by Credit Suisse. Proposed stock symbol RARX. Business: Developing small molecule therapies for rare immune disorders.

ZTO Express – Shanghai, China, 72.1 million shares, priced $16.50-$18.50, managed by Morgan Stanley. Proposed stock symbol ZTO. Business: Leading Chinese express delivery company.