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. 31:

GDS Holdings – Shanghai, China, 19.25 million shares, priced $12-$14, managed by Credit Suisse. Proposed stock symbol GDS. Business: Leading provider of high-performance carrier-neutral data centres in China.

Smart Sand – The Woodlands, Texas, 10.6 million shares, priced $15-$18, managed by Credit Suisse. Proposed stock symbol SND. Business: Mines and processes raw frac sand used in oil and gas drilling.