StockRagIPO’s

IPO’s a Go-Go

Harvey — Thu, 03 Feb 2011 02:40:20 +0000

The fresh new Market highs are really bringing out the IPO deals. So far this week (today) Epocrates (EPOC) and NeoPhotonics (NPTN) have IPO’d. Due up later this week IPO’s coming out include AcelRx Pharmaceuticals (ACRX), China Century Dragon Media (CDM), Endocyte (ECYT), Zheng Hui Industry (ZHIC), BioHorizons (BHZN), Pacira Pharmaceuticals (PCRX) and Tornier B.V. (TRNX). That is a boat load of new issues.

IPO’s Expected for Week of 7/19/2010

Harvey — Tue, 20 Jul 2010 07:02:28 +0000

AMRC – Ameresco, Inc.
Initial Shares: 8.70M
Initial Range: $14.00-16.00
Priced:
Opened:
Closed:
Lead Underwriter: BofA Merrill Lynch, , RBC Capital Mkts
Description: Ameresco is a provider of energy efficiency solutions for
facilities in North America

CIS – Camelot Information Systems, Inc.
Initial Shares: 13.30M
Initial Range: $11.00-13.00
Priced:
Opened:
Closed:
Lead Underwriter: Goldman Sachs, Barclays Capital Co-managers: William
Blair, Oppenheimer, Cowen & Co
Description: Camelot Information Systems is a provider of enterprise
application services and financial industry IT services in China.

GDOT – Green Dot, Corporation
Initial Shares: 3.85M
Initial Range: $32.00-35.00
Priced:
Opened:
Closed:
Lead Underwriter: JP Morgan, Morgan Stanley Co-managers: Deutsche Bank,
Piper Jaffray, UBS
Description: Green Dot is a prepaid financial services company providing
low-cost money management solutions.

KKR – Kohlberg Kravis Roberts & Company, LP
Initial Shares: 204.9M
Initial Range: $9.44-9.44
Priced:
Opened:
Closed:
Lead Underwriter: Co-managers:
Description: Kohlberg, Kravis & Roberts is a global alternative asset
manager with $54.7 bln in assets under management as of 3/10/10.

IPO’s Expected Week of 07/12/10

Harvey — Tue, 13 Jul 2010 04:36:36 +0000

OXF – Oxford Resource Partners
Shares Offered: 8.75M
Initial Range: $19.00-21.00
Lead Underwriters: Barclays Capital and Citigroup.
Description: Oxford Resource Partners is a low cost producer of high value steam coal.

QLIK – Qlik Technologies
Shares Offered: 11.20M
Initial Range: $8.50-9.50
Lead Underwriters: JP Morgan and Morgan Stanley.
Description: Qlik Technologies is a provider of business intelligence programs that enable customers to make better business decisions.

RLD – RealID Inc.
Shares Offered: 10.75M
Initial Range: $16.00-18.00
Lead Underwriters: JP Morgan, Piper Jaffray and William Blair.
Description: RealID Inc. is a global licensor of 3D Technologies.

SMT – SMART Technologies
Shares Offered: 35.3M
Initial Range: $16.00-18.00
Lead Underwrites: Deutsche Bank, RBC Capital Mkts, BofA Merrill, Morgan Stanley and Credit Suisse.
Description: SMART Technologies is a developer of interactive technology products that enhances learning.

IPO’s Expected for Week of 6/28/10

Harvey — Tue, 29 Jun 2010 14:47:16 +0000

AMAP – AutoNavi Holdings
Initial Shares: 8.63M
Initial Range: $$10.50-12.50
Priced:
Opened:
Closed:
Lead Underwriters: Goldman Sachs and Pacific Crest
Description: AutoNavi Holdings is a provider of digital map content and
navigation solutions in China.

HSFT – HiSoft Technology
Initial Shares: 7.4M
Initial Range: $$11.00-13.00
Priced:
Opened:
Closed:
Lead Underwriters: Deutsche Bank
Description: HiSoft Technology is a China-based provider of outsourced IT,
research, and developement services for U.S. and Japan companies.

MX – MagnaChip Semi
Initial Shares: 7.5M
Initial Range: $$15.50-17.50
Priced:
Opened:
Closed:
Lead Underwriters: Goldman Sachs, Barclays Capital, , Deutsche Bank
Co-managers:
Description: MagnaChip Semi is a manufacturer of analog and mixed-signal
semiconductor products for high-volume consumer apps.

TSLA – Tesla Motors
Initial Shares: 11.1M
Initial Range: $$14.00-16.00
Priced:
Opened:
Closed:
Lead Underwriters: Goldman Sachs, Morgan Stanley, JP Morgan and Deutsche
Bank.
Description: Tesla Motors is a manufacturer of high-performance fully
electric vehicles and advanced powertrain components.

IPO’s Expected Week of 06/21/08

Harvey — Wed, 23 Jun 2010 05:00:45 +0000

FN – Fabrinet
Shares Offered: 8.50 M
Initial Range: $12.00-14.00
Lead Underwriters: Morgan Stanley and Deutsche Bank.
Description: Fabrinet provides precision optical, electro-mechanical and electronic manufacturing services.

RSDX – Resaca Exploitation
Shares Offered: 20.0 M
Initial Range: $3.20-3.60
Lead Underwriter: RBC Capital Mkts.
Description: Resaca Exploitation is an independent oil and gas exploitation company focused in the Permian Basin.

BSFT – Broadsoft Prices IPO

Harvey — Wed, 16 Jun 2010 14:41:32 +0000

Broadsoft priced this morning at $9.00 but does not appear to be trading yet.

BSFT – Broadsoft
Initial Shares: 7.50 M
Initial Range: $9.00-11.00
Priced: $9.00
Opened: $8.12
Closed: $8.30
Lead Underwriters: Goldman Sachs and Jefferies.
Description: Broadsoft is a software provider that enables fixed-line, mobile, and cable providers to deliver voice/multimedia services.

UPDATE: BroadSoft, Inc. has opened for trading.

CBOE – CBOE Holdings IPO Opens for Trading

Harvey — Wed, 16 Jun 2010 01:21:10 +0000

CBOE – CBOE Holdings
Initial Shares: 11.70 M
Initial Range: $27.00-29.00
Priced: $29.00
Opened: $32.80
Closed: $32.49
Lead Underwriter: Goldman Sachs
Description: CBOE Holdings is one of the largest options exchanges in the world.

IPO’s Expected for Week of 06/14/10

Harvey — Tue, 15 Jun 2010 01:16:58 +0000

BSFT – Broadsoft
Initial Shares: 7.50 M
Initial Range: $9.00-11.00
Priced:
Opened:
Closed:
Lead Underwriters: Goldman Sachs and Jefferies.
Description: Broadsoft is a software provider that enables fixed-line, mobile, and cable providers to deliver voice/multimedia services.

CBOE – CBOE Holdings
Initial Shares: 11.70 M
Initial Range: $27.00-29.00
Priced:
Opened:
Closed:
Lead Underwriter: Goldman Sachs
Description: CBOE Holdings is one of the largest options exchanges in the world.

MOTR – Motricity
Initial Shares: 6.75 M
Initial Range: $14.00-16.00
Priced:
Opened:
Closed:
Lead Underwriters: JP Morgan and Goldman Sachs.
Description: Motricity is a provider of mobile data solutions that enable wireless carriers to deliver data services to subscribers.

OAS – Oasis Petroleum
Initial Shares: 42.0 M
Initial Range: $13.00-15.00
Priced:
Opened:
Closed:
Lead Underwriters: Morgan Stanley and UBS.
Description: Oasis Petroleum is an independent exploration and production company focused on acquisition of unconventional oil and natural gas.

ONE – Higher One Holdings
Initial Shares: 14.25 M
Initial Range: $15.00-17.00
Priced:
Opened:
Closed:
Lead Underwriter: Goldman Sachs.
Description: Higher One Holdings is a provider of technology and payment services to higher education industry

IPO’s Expected Week of June 01, 2010

Harvey — Tue, 01 Jun 2010 14:18:30 +0000

NRE – Nobao Renewable Energy Holdings Limited
Initial Shares: 18.0M
Initial Range: $8-10
Priced:
Opened:
Closed:
Lead Underwriter: UBS
Description: Nobao Renewable Energy is a provider of clean energy management solutions in China.

WLS – Welsh Property Trust, Inc.
Initial Shares: 17.5M
Initial Range: $19-21
Priced:
Opened:
Closed:
Lead Underwriters: UBS and JP Morgan
Description: Welsh Property Trust is a REIT that plans to acquire, own, operate, and manage industrial and office properties.

IPO’s Expected Week of April 05, 2010

Harvey — Mon, 05 Apr 2010 14:09:45 +0000

Here’s the IPO’s on deck to open this week. The same ones as the week of March 30th.

MUSA – Metals USA Holding
Shares Offered: 10.53M
Revised Shares:
Initial Range: $18.00-20.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Goldman Sachs
Description: Metals USA is a metal service center.

NXSN – Nexsan
Shares Offered: 5.0M
Revised Shares:
Initial Range: $10.00-12.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Thomas Weisel
Description: Nexsan is a provider of disk-based storage systems.

IPO’s Today: STNG, SSNC and

Harvey — Thu, 01 Apr 2010 05:25:01 +0000

Today (03/31/10) we had three companies IPO, right as the quarter ends. They were STNG – Scorpio Tankers, Inc. which priced at $13.00, SSNC – SS&C Technologies Holdings, Inc. which priced at $15.00 and MERU – Meru Networks, Inc.which also priced at $15.00.

IPO’s Expected for Week of March 30, 2010

Harvey — Tue, 30 Mar 2010 02:40:37 +0000

Here’s the IPO’s on deck to open this week.

IPO’s Expected for Week of March 15, 2010

Harvey — Tue, 16 Mar 2010 01:38:03 +0000

CRMD – CorMedix, Inc.
Shares Offered: 12.1M
Initial Range: $6.00-8.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Maxim Group LLC
Description: CorMedix is a pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the treatment of cardiac and renal dysfunction.

FNGN – Financial Engines, Inc.
Shares Offered: 10.9M
Initial Range: $9.00-11.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Goldman, Sachs & Co.
Description: Financial Engines provides Investment and Retirement Account Consulting.

RGM – Redgate Media Group
Shares Offered: 5.5M
Initial Range: $6.00-8.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Brean Murray, Carret & Co., LLC
Description: Redgate Media Group is a China-based provider of advertising services.,FNGNFinancial Engines Inc.,

IPO’s Expected for Week of 02/22/2010

Harvey — Tue, 23 Feb 2010 03:48:54 +0000

FFN – FriendFinder Networks
Shares Offered: 20.0M
Initial Range: $10.00-12.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Renaissance Securities and Ledgemont Capital
Description: FriendFinder Networks is an online adult social networking and multimedia entertainment company.

ICG – Imperial Capital
Shares Offered: 6.7M
Initial Range: $15.00-17.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Banc of America Securities, JMP Securities and Imperial Capital
Description: Imperial Capital is an independent, full-service investment bank.

ANTH – Anthera Pharma
Shares Offered: 4.61M
Initial Range: $13.00-15.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Deutsche Bank.
Description: Anthera Pharma Developing anti-inflammatory therapies for acute coronary syndrome and lupus.

IRWD – Ironwood Pharmaceuticals, Inc. IPO Opens for Trading

Harvey — Thu, 04 Feb 2010 05:31:52 +0000

IRWD – Ironwood Pharmaceuticals, Inc.
Shares Offered: 16.7M
Initial Range: $14.00-16.00
Date Priced: 02/03/2010
Priced: $11.25
Opened: $11.31
First Day Close: $11.65
Lead Underwriters: JP Morgan, Morgan Stanley and Credit Suisse
Description: Ironwood Pharmaceuticals is developing a new treatment for irritable bowel syndrome and constipation.

IPO’s Expected for Week of 02/01/2010

Harvey — Tue, 02 Feb 2010 01:38:32 +0000

IRWD – Ironwood Pharmaceuticals, Inc.
Shares Offered: 16.7M
Initial Range: $14.00-16.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: JP Morgan, Morgan Stanley and Credit Suisse
Description: Ironwood Pharmaceuticals is developing a new treatment for irritable bowel syndrome and constipation.

PMG – Patriot Risk Management, Inc.
Shares Offered: 17.0M
Initial Range: $10.00-12.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: FBR Capital, Oppenheimer and Macquarie Securities
Description: Patriot Risk Management provides workers’ compensation insurance and fee-based insurance services.

TFDI – The Film Department, LLC
Shares Offered: 6.5M
Initial Range: $12.00-14.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Girard Securities
Description: The Film Department is an independent motion picture finance and production company.

More IPO’s for the Week?

Harvey — Thu, 28 Jan 2010 05:31:44 +0000

I see we have three more possible IPO’s this week.

1. CTC – IFM Investments (Century21 China) 16.65M shares at $8.75-10.75
2. DQ – Daqo New Energy, 6.5M shares at $12.50-14.50
3. CELM – China Electric Motor, 25.5M shares at $6.00-7.00

IPO’s: AMCF – Andatee China Marine Fuel Opens for Trade

Harvey — Tue, 26 Jan 2010 16:30:31 +0000

Today (01/26/2010) AMCF – Andatee China Marine Fuel IPO opened for trading, pricing 3.1 million shares (up from 2.5M) at $6.30 and opening at $6.30. It’s initial range was $6.00-8.00 . Lead underwriters were Rodman & Renshaw and Newbridge Securities. Andatee China Marine Fuel produces and sells blended marine fuel oil for cargo and fishing vessels.

IPO’s: FFN – FriendFinder Networks

Harvey — Tue, 26 Jan 2010 02:57:43 +0000

Also slated to IPO this week is FFN – FriendFinder Networks. It’s hawking 20 million shares with an initial range of $10-12. Lead underwriters are Renaissance Securities and Ledgemont Capital. As I’m sure many of you know, FriendFinder is an online adult social networking and multimedia entertainment company.

IPO’s: CHC – China Hydroelectric

Harvey — Tue, 26 Jan 2010 02:53:11 +0000

Looks like CHC – China Hydroelectric priced today at $16.00, opened at $14.00 and closed at $13.90. That was for 6 million shares, revised upwards from the original 5 million shares. Pricing was smack in the middle of the initial $15-17 range. Lead underwriter was Broadband Capital and as it’s name infers, CHC acquires and operates small hydropower plants in China.

Friday IPO’s Include: CHSP, CLU AND SYA

Harvey — Sat, 23 Jan 2010 05:08:47 +0000

CHSP – Chesapeake Lodging Trust
Initial Shares: 12.5
Revised Shares: 7.5
Initial Range: $20.00-20.00
Revised Range:
Date Priced: 01/22/2010
Priced: $20.00
Opened: $19.30
First Day Close:
Lead Underwriters: JP Morgan and Deutsche Bank.
Description: Chesapeake Lodging Trust is a specialty REIT planning to acquire upper upscale hotel properties.

CLU – Cellu Tissue
Initial Shares: 7.8
Revised Shares: 8.3
Initial Range: $15.00-17.00
Revised Range:
Date Priced: 01/22/2010
Priced: $13.00
Opened: $12.30
First Day Close:
Lead Underwriters: Goldman Sachs and JP Morgan.
Description: Cellu Tissue is a North American producer of private label and value retail tissue products.

SYA – Symetra Financial
Initial Shares: 27.0
Revised Shares: 30.4
Initial Range: $12.00-14.00
Revised Range:
Date Priced: 01/22/2010
Priced: $12.00
Opened: $12.70
First Day Close:
Lead Underwriters: Banc of America Sec, JP Morgan, Goldman Sachs and Barclays Capital.
Description: Symetra Financial provides group health, retirement, life and employee benefits insurance.

IPO’s Expected for Week of 01/18/2010

Harvey — Tue, 19 Jan 2010 15:23:01 +0000

AMCF – Andatee China Marine Fuel
Shares Offered: 2.5M
Initial Range: $6.00-8.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Rodman & Renshaw and Newbridge Securities.
Description: Andatee China Marine Fuel produces and sells blended marine fuel oil for cargo and fishing vessels.

CHC – China Hydroelectric
Shares Offered: 3.1M
Initial Range: $15.00-17.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Broadband Capital.
Description: China Hydroelectric acquires and operates small hydropower plants in China.

CLU – Cellu Tissue
Shares Offered: 7.8M
Initial Range: $15.00-17.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Goldman Sachs and JP Morgan.
Description: Cellu Tissue is a North American producer of private label and value retail tissue products.

PRMI – Patriot Risk Management
Shares Offered: 17.0M
Initial Range: $10.00-12.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: FBR Capital Markets, Macquarie Capital and Oppenheimer.
Description: Patriot Risk Management provides workers compensation insurance and risk transfer solutions.

SYA – Symetra Financial
Shares Offered: 27.0M
Initial Range: $12.00-14.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Banc of America Securities, JP Morgan, Goldman Sachs and Barclays Capital.
Description: Symetra Financial provides group health, retirement, life and employee benefits insurance.

TRNO – Terreno Realty
Shares Offered: 15.0M
Initial Range: $20.00-20.00
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Goldman Sachs.
Description: Terreno Realty is a newly organized REIT focused on acquiring industrial real estate in six major coastal U.S. markets.

IPO’s Expected Week of January 4, 2009

Admin — Mon, 04 Jan 2010 14:34:01 +0000

Actually, this one has already priced and will probably open today (a guess only).

OBAF – OBA Financial Services
Shares Offered: 4.03M
Revised Shares: 4.6M
Initial Range: $10-10
Revised Range:
Date Priced: 1/4/09
Priced: $10
Opened:
First Day Close:
Lead Underwriter: Keefe Bruyette
Description: OBA Financial Services is a savings bank, organized in 1861, providing financial services to individuals, families and businesses through five banking offices located in Maryland and the District of Columbia.

UPDATE: As of Tuesday evening (01/05/10) OBAF has not started trading.

IPO’s Expected for Week of 12/28/09 Thru 12/31/09

Harvey — Mon, 28 Dec 2009 18:42:42 +0000

EFC – Ellington Financial LLC
Shares Offered: 7.7M
Revised Shares:
Initial Range: $25-27
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Credit Suisse and Deutsche Bank
Description: Ellington Financial LLC is a specialty finance company that invests in
non-Agency RMBS (residential mortgage backed securities), Agency RMBS and
derivatives.

HPRT – HealthPort
Shares Offered: 6.0M
Revised Shares:
Initial Range: $14-16
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Deutsche Securities and William Blair
Description: HealthPort provides outsourced medical records release services to
hospitals and clinics.

NBP – National Beef
Shares Offered: 17.25M
Revised Shares:
Initial Range: $15-17
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Banc of America Securities and Credit Suisse
Description: National Beef is one of the largest beef processors in the US.

TRO – Trony Solar
Shares Offered: 19.5M
Revised Shares:
Initial Range: $9-11
Revised Range: $7.50-8.00
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: JP Morgan and Credit Suisse
Description: Trony Solar provides solar photovoltaic (PV) modules thinner than
conventional crystalline solar modules.NBP

TMH – Team Health Holdings IPO Opens for Trading

Harvey — Thu, 17 Dec 2009 03:20:35 +0000

TMH – Team Health Holdings
Shares Offered: 20.0M
Revised Shares: 13.3M
Initial Range: $14-16
Revised Range:
Date Priced: 12/16/09
Priced: $12.00
Opened: $12.00
First Day Close: $12.81
Lead Underwriters: Banc of America Securities, Goldman Sachs, Barclays Capital and Citigroup.
Description: Team Health Holdings is a Blackstone-backed provider of outsourced emergency room physician staffing.

CIE – Cobalt International Energy IPO Opens for Trading

Harvey — Thu, 17 Dec 2009 03:16:29 +0000

CIE – Cobalt International Energy
Shares Offered: 63.0M
Revised Shares:
Initial Range: $15-17
Revised Range:
Date Priced: 12/16/09
Priced: $13.50
Opened: $13.25
First Day Close: $13.50
Lead Underwriters: Credit Suisse, Goldman Sachs and JP Morgan
Description: Cobalt International Energy is a independent E&P firm with deepwater prospects in the Gulf of Mexico and off the West African coast.

IPO’s Expected for Week of 12/14/09

Harvey — Tue, 15 Dec 2009 05:01:46 +0000

CIE – Cobalt International Energy
Shares Offered: 63.0M
Revised Shares:
Initial Range: $15-17
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Credit Suisse, Goldman Sachs and JP Morgan
Description: Cobalt International Energy is a independent E&P firm with deepwater prospects in the Gulf of Mexico and off the West African coast.

KRA – Kraton Performance Polymers
Shares Offered: 10.3M
Revised Shares:
Initial Range: $16-18
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriter: Credit Suisse
Description: Kraton Performance Polymers is a leading producer of styrenic block copolymers backed by TPG/JPMorgan.

TMH – Team Health Holdings
Shares Offered: 20.0M
Revised Shares:
Initial Range: $14-16
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Banc of America Securities, Goldman Sachs, Barclays Capital and Citigroup
Description: Team Health Holdings is a Blackstone-backed provider of outsourced emergency room physician staffing.

IPO’s Expected for Week of 12/7/09

Harvey — Wed, 09 Dec 2009 04:23:11 +0000

BOSS – Linkage Tech International
Shares Offered: 10.2M
Revised Shares:
Initial Range: $13-15
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Citigroup and Barclays Capital.
Description: Linkage Tech International is a leading provider of software solutions and IT services for the telecommunications industry in China.

CCM – Concord Medical Services
Shares Offered: 12.0M
Revised Shares:
Initial Range: $9-11
Revised Range: $10-12
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Morgan Stanley, JP Morgan and CICC.
Description: Concord Medical Services is a major operator of network of radiotherapy and diagnostic imaging centers in China.

CIE – Cobalt International Energy
Shares Offered: 63.0M
Revised Shares:
Initial Range: $15-17
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Credit Suisse, Goldman Sachs and JP Morgan.
Description: Cobalt International Energy is an independent E&P firm with deepwater prospects in the Gulf of Mexico and off the West African coast.

EFC – Ellington Financial LLC
Shares Offered: 7.7M
Revised Shares:
Initial Range: $25-27
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Credit Suisse, Deutsche Bank.
Description: Ellington Financial is a specialty finance company that invests in non-Agency RMBS (residential mortgage backed securities), Agency RMBS and derivatives.

HPRT – HealthPort
Shares Offered: 6.0M
Revised Shares:
Initial Range: $14-16
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Deutsche Securities and William Blair.
Description: HealthPort provides outsourced medical records release services to hospitals and clinics.

KAR – KAR Auction Services
Shares Offered: 23.0M
Revised Shares:
Initial Range: $15-17
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Goldman Sachs, Credit Suisse, Banc of America Sec and JP Morgan.
Description: KAR Auction Services provides auction services for sellers of used and salvage vehicles.

NKBP – China Nuokang Bio-Pharma
Shares Offered: 5.0M
Revised Shares:
Initial Range: $10-12
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Jefferies & Co.
Description: China Nuokang Bio-Pharma is a China-based biopharmaceutical company that sells 14 hematological and cardiovascular products.

TRO – Trony Solar
Shares Offered: 19.5M
Revised Shares:
Initial Range: $9-11
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: JP Morgan and Credit Suisse.
Description: Trony Solar provides solar photovoltaic (PV) modules thinner than conventional crystalline solar modules.

IPO’s Expected Week of 11/23/09

Harvey — Mon, 23 Nov 2009 17:00:27 +0000

LCG – Ladder Capital Realty
Shares Offered (Millions): 20.0M
Revised Shares (Millions):
Initial Range: $20-20
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: JP Morgan, Wells Fargo AND Citigroup.
Description: Ladder Capital Realty is a newly-organized REIT that plans to primarily invest in commercial real estate loans.

AVI – Aviv Realty
Shares Offered (Millions): 16.6M
Revised Shares (Millions):
Initial Range: $17-19
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: Morgan Stanley and Banc of America Securities.
Description: Aviv REIT specializes in owning and acquiring skilled nursing facilities.

PCB – PlainsCapital
Shares Offered (Millions): 15.0M
Revised Shares (Millions):
Initial Range: $14-16
Revised Range:
Date Priced:
Priced:
Opened:
First Day Close:
Lead Underwriters: JP Morgan.
Description: PlainsCapital is the 9th largest bank in Texas providing banking, mortgage and advisory services.

ARCL, CLD, GTEC and SVN All IPO Today 11/20/09

Harvey — Sat, 21 Nov 2009 03:02:59 +0000

It’s the end of the week, downdraft appears to be recovering some ground, so let’s all IPO.

ARCL – Archipelago Learning
Shares Offered: 6.25M
Initial Range: $15-17
Revised Range:
Date Priced: 11/20/2009
Priced: $16.50
Opened: $19.00
First Day Close: $18.77
Lead Underwriters: Banc of America Securities and William Blair
Description: Archipelago Learnings provides a subscription-based online education platform for students K-12.

CLD – Cloud Peak Energy
Shares Offered: 30.6M
Initial Range: $16-18
Revised Range:
Date Priced: 11/20/2009
Priced: $15.00
Opened: $14.50
First Day Close: $14.84
Lead Underwriters: Credit Suisse, Morgan Stanley and RBC Capital Mkts
Description: Cloud Peak Energy is a Rio Tinto carve-out of the US’s third largest coal producer.

GTEC – Global Defense Technology & Systems
Shares Offered: 4.6M
Initial Range: $14-16
Revised Range:
Date Priced: 11/20/2009
Priced: $13.00
Opened: $13.08
First Day Close: $13.08
Lead Underwriter: Cowen & Co.
Description: Global Defense Technology & Systems provides IT and engineering services to US defense and intelligence agencies.

SVN – 7 Days Group
Shares Offered: 10.1M
Initial Range: $9-11
Revised Range:
Date Priced: 11/20/2009
Priced: $11.00
Opened: $13.50
First Day Close: $12.50
Lead Underwriters: JP Morgan and Citigroup
Description: 7 Days Group is the third largest economy hotel chain in China.