*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated May 9, 2022

April 13

Excelerate Energy Inc., EE

• The energy company delivers regasified liquid natural gas globally, claiming to focus decarbonization by  switching emerging markets to gas from coal. Based in Woodlands, Texas, Excelerate sold 16 million shares at $24 a share.

Applied Blockchain, APLD

• The datacenter company builds processing facilities that provide large amounts of computing power for cryptocurrency mining, and other procedures that require significant electric power. Applied Blockchain, based in Dallas, Texas, is being uplisted to the NASDAQ from the OTC Pink Markets. The company sold 8 million shares at $5 per share. 

May 6

Bausch & Lomb Corp., BLCO

• Based in Ontario, Canada, the consumer eye-care company makes more than 400 products that support optical health. Bausch & Lomb plans to go public on both the New York Stock Exchange and the Toronto Stock Exchange. The company sold  35 million shares at $18 a share.

Upcoming IPOs

May 12

ProFrac Holding Corp., PFHC

• Based in Willow Park, Texas, the energy services company offers hydraulic fracturing, and other solutions for leading oil and gas companies involved in exploration and production of “unconventional” oil and natural gas resources in North America. ProFrac plans to sell 16 million shares at a $21 to $24 price range. 

May 13

Bright Green Corp., BGXX

• The company provides federally legal cannabis and cannabis-related products for research and pharmaceutical purposes. Based in Ft. Lauderdale, Florida, Bright Green will go public through a direct listing on the Nasdaq. The company plans to sell 158.3 million shares at a price that has not yet been determined.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s May 2022 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated May 4, 2022

February 4, 2022

Arcellx Inc., ACLX

• The biotechnology company, which is based in Gaithersburg, Maryland, develops cell therapies for cancer and other incurable diseases. Arcellx sold 8.3 million shares at $15 a share.

February 10, 2022

SQL Technologies Corp., SKYX

Doing business as Sky Technologies Corp., the company produces technology that allows electrically wired products to be quickly installed into outlet boxes without touching wires. The company also produces components that can turn electronic ceiling devices into smart devices. Based in Johns Creek, Georgia, Sky sold 1.7 million shares at $14 per share.

March

No listings available.

April 13

Excelerate Energy Inc., EE

• The energy company delivers regasified liquid natural gas globally, claiming to focus decarbonization by  switching emerging markets to gas from coal. Based in Woodlands, Texas, Excelerate sold 16 million shares at $24 a share.

Applied Blockchain, APLD

• The datacenter company builds processing facilities that provide large amounts of computing power for cryptocurrency mining, and other procedures that require significant electric power. Applied Blockchain, based in Dallas, Texas, is being uplisted to the NASDAQ from the OTC Pink Markets. The company sold 8 million shares at $5 per share. 

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s April 2022 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated February 8, 2022

January 13, 2022

TPG Inc., TPG

• The alternative asset management firm has approximately $109 billion in assets under management as of Sept. 30, 2021. Based in Fort Worth, Texas, it sold 33.9 million shares at $29.50 per share. 

January 27, 2022

Credo Technology Group Holding Ltd. CRDO

• The company provides high-speed connectivity solutions that help improve cost and power efficiency in data infrastructure in both consumer and business markets. Based in the Cayman Islands, the company sold 20 million shares at $10 each.

February 4, 2022

Arcellx Inc., ACLX

• The biotechnology company, which is based in Gaithersburg, Maryland, develops cell therapies for cancer and other incurable diseases. Arcellx sold 8.3 million shares at $15 a share.

February 10, 2022

SQL Technologies Corp., SKYX

Doing business as Sky Technologies Corp., the company produces technology that allows electrically wired products to be quickly installed into outlet boxes without touching wires. The company also produces components that can turn electronic ceiling devices into smart devices. Based in Johns Creek, Georgia, Sky sold 1.7 million shares at $14 per share.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s February 2022 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated January 26, 2022

December 15, 2021

Samsara Inc., IOT

• The cloud analytics platform helps companies in a variety of industries, including transportation, wholesale and retail trade, health care and manufacturing to improve operations by analyzing data from the Internet of Things (IoT) and other disconnected systems. Based in San Francisco, California, the company sold 35 million shares at $23 each. 

January 7, 2022

Amylyx Pharmaceuticals Inc., AMLX

• The clinical-stage pharmaceutical company produces therapies that target amyotrophic lateral sclerosis (ALS), also known as Lou Gerhig’s disease, as well as other neurodegenerative diseases. Based in Cambridge, Massachusetts, the pharmaceutical company sold 10 million shares at $19 per share.

CinCor Pharma Inc., CINC

• The pharmaceutical company develops clinical-stage treatments for hypertension and other cardio-renal diseases. Based in Boston, Massachusetts, the company sold 12.1 million shares at $16 each.

January 13, 2022

TPG Inc., TPG

• The alternative asset management firm has approximately $109 billion in assets under management as of Sept. 30, 2021. Based in Fort Worth, Texas, it sold 33.9 million shares at $29.50 per share. 

Upcoming IPOs

January 27, 2022

Credo Technology Group Holding Ltd. CRDO

• The company provides high-speed connectivity solutions that help improve cost and power efficiency in data infrastructure in both consumer and business markets. Based in the Cayman Islands, the company has plans to sell 25 million shares at a range between $10 and $12 each.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s January 2022 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated November 18, 2021

October 28

Fluence Energy Inc., FLNC

• The Arlington, Virginia-based clean energy storage company is a joint venture between Siemens and Applied Energy Services (AES). Fluence makes energy storage products, specifically for renewable energy sources. The company sold 31 million shares at $28 each.

Globablfoundries Inc., GFS

• The semiconductor foundry and manufacturer says it has developed an integrated chip used in billions of devices worldwide. Globalfoundries also says it has a library consisting of thousands of IP titles, and differentiated transistor and device technology. Based in Malta, New York, the company sold 55 million shares at $47 per share.

Solo Brands, Inc., DTC

• The outdoor lifestyle products company operates four brands, including Solo Stove, Oru Kayak, ISLE Paddle Boards, and Chubbies apparel. Based in Southlake, Texas, the company sold 12.9 million shares at $17 each. 

October 29

Airsculpt Technologies, AIRS

• The body sculpting company offers contouring procedures to remove unwanted fat. Based in Miami, Florida, the company sold 7 million shares at $11 each.

HireRight Holdings Corp., HRT

• A provider of workforce risk management and compliance solutions, the company offers background screening, verification, identification, monitoring, and drug and health screening services. HireRight, based in Nashville, Tennessee, sold 22.2 million shares at $19 per share. 

Udemy Inc., UDMY

• The education marketplace and platform offers business skill development courses in 75 languages and 180 different countries. Based in San Francisco, California, Udemy sold 14.5 million shares at $29 each.

November 2

LianBio, LIAN

• The biopharmaceutical company has developed specialties in cardiovascular, oncology, ophthalmology, inflammatory disease and respiratory disease, and has collaborated with pharmaceutical company Pfizer, among others, to develop commercial infrastructure in China. Based in Princeton, New Jersey, the company sold 20.3 million shares at $16 each.

November 3

Allbirds inc., BIRD

• Based in San Francisco, California, the maker of sustainable shoes focuses on minimizing environmental impact and reducing carbon emissions and waste in its products, such as its Wool Runner sneaker.  Allbirds, which sells its products online and in approximately 27 stores, sold 20.2 million shares at $15 per share.

November 4

Arhaus Inc., ARHS

• The direct-to-consumer furniture business, based in Boston Heights, Ohio, offers premium home furnishings in a multi-channel environment. Arhaus sold 12.9 million at $13 each. 

Cadre Holdings, CIAN

• The manufacturer and distributor of safety survivability equipment for first responders sells a variety of products including body armor, explosive ordnance disposal equipment and duty gear through both direct and indirect channels. Based in Jacksonville, Florida, Cadre sold 6 million shares at $13 each.

Evotec S.E. EVO

• The pharmaceutical drug development company partners with other companies, with the aim to discover and develop drugs for difficult-to-treat illnesses. Based in Hamburg, Germany, Evotec sold 20 million shares at $21.75 each. 

Nerdwallet, NRDS

• The personal finance platform provides  educational content, tools, calculators, and product marketplaces to consumers. Based in San Francisco,  California, the company sold 7.3 million shares at $18 per share.

November 5

Cian PLC, CIAN

• The Larnaca, Cyprus-based online real estate classifieds company focuses on the Russian real estate market. Cian’s platform allows buyers to get insights on the places where they might want to live or work. The company sold 18.2 million shares at $16 each. 

November 8

Hertz Global Holdings Inc., HTZ

• The company rents cars globally. Hertz emerged from bankruptcy protection in June 2021, and its stock currently trades over the counter (OTC). Based in Estero, Florida, the company sold 44.5 million shares at $29 each. Note: Hertz is not conducting an IPO. It will reportedly go public through a NASDAQ uplift offering from the OTC Bulletin Board.

November 10

CI&T Holdings Inc., CINT

• The strategy, design, and software engineering services company helps businesses develop digital-first platforms. Based in Sao Paulo, Brazil, CI&T sold 13 million shares at $15 each.

Expensify, EXFY

• The cloud-based expense management software company offers products and services to businesses that helps them manage money. Based in Portland, Oregon, Expensify sold 9.7 million shares at $27 each.

Rivian Automotive, RIVN

• The manufacturer of electric SUVs, trucks, and vans taps both the consumer and commercial markets. Investors in the company  include Ford Motors and Amazon. Rivian has also formed a partnership with Amazon, for which it says it will  manufacture up to 100,000 delivery vans. Based in Irvine, California, the company hopes to sell 153 million shares at $78 each.

November 11

Lulu’s Fashion Holdings Inc., LVLU

• The retail company sells women’s apparel, primarily for millennials (ages 25-40) and Gen Z (ages 18-24). Lulu’s, which is based in Chico, California, sold 5.8 million shares at $16 each. 

Vaxxinity Inc., VAXX

• Based in Dallas, Texas, the biotechnology company has developed a synthetic peptide vaccine platform to enable a new class of therapeutic drugs targeting Alzheimer’s and Parkinson’s diseases, as well as migraine and hypercholesterolemia. Vaxxinity sold 6 million shares at $13 each. 

Weave Communications, WEAV

• The software company offers an all-in-one communications platform to help small businesses answer calls, schedule appointments, send text reminders, collect payments, and more. Weave, based in Lehi, Utah, sold 5 million shares for $24 each. 

November 12

Braze Inc., BRZE

• The New York, New York-based software company enables brands to conduct cross-channel marketing campaigns. Braze sold 8 million shares at $65 per share. 

Usertesting Inc., USER

• The software-as-a-service (SaaS) company has developed a video platform that allows businesses to see and hear feedback from real customers who engage with their products, designs, apps, processes, and concepts. Usertesting, based in San Francisco, California, sold 10 million shares at  $14 each. 

November 17

Iris Energy Ltd., IREN

• The Bitcoin mining company builds, owns, and operates data and electrical infrastructure to facilitate the mining of Bitcoin. Iris Energy, which is based in Sydney, Australia, sold 8.3 million shares for a price of $28 per share. 

Sono Group NV, SEV

• The car manufacturer makes cars powered by solar energy, particularly its Sion model, which is an electric car powered by solar. Based in Munich, Germany, Sono Group sold 10 million shares for $15 each. 

November 18

KinderCare Learning Center (KC Holdco), KLC

• The private provider of early childhood education and care services reports having 1,490 centers across the U.S. KinderCare, based in Portland, Oregon, serves children between the ages of six weeks and 12 years old. The company sold 23.7 million shares for $15 each. 

Sweetgreen Inc., SG

• The restaurant chain,  based in Los Angeles, California, offers fast, healthy food options. With 140 locations across 13 states and Washington, D.C., Sweetgreen sold 13 million shares for $28 each. 

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s November 2021 IPO Calendar appeared first on Stash Learn.

Check out Stash’s initial public offering (IPO) calendar, which includes public offerings from the past month, as well as offerings expected in the next 15 days. We’ve included companies with a market cap of $500 million or more. These might be available on Stash’s platform once they trade on the stock market.* We’ll update this information with upcoming offerings each month, using the same criteria. 

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

October 1 

Exscientia plc., EXAI

• Based in Oxford, United Kingdom, this pharmaceutical company uses artificial intelligence to discover, design, and develop drugs for the treatment of illnesses, particularly Alzheimer’s, obsessive-compulsive disorder (OCD), tumors, and inflammatory diseases. Exscientia sold 13.9 million shares at $22 each. 

TDCX Inc., TDCX

• This Chai Chee, Singapore based company provides customer experience solutions, digital marketing services, and content moderation services for technology and blue-chip companies. TDCX sold 19.4 million shares at a price of $18 each.

October 7

Life Time Group Holdings Inc., LTH

• With roughly 1.4 million members, the lifestyle company offers customers health, fitness, and wellness programs and content. Based in Chanhassen, Minnesota, Life Time sold 39 million shares at a price of $18 per share.

Theseus Pharmaceuticals Inc., THRX

• Based in Cambridge, Massachusetts, the biopharmaceutical company develops therapies for cancer patients, specifically to target resistance mutations in oncogenes, which cause cancer. Theseus sold 10 million shares at a price of $16 each. 

October 8

IsoPlexis Corp.,  ISO

• The biotechnology company has created a  platform that allows researchers to get a complete look at protein function at an individual cellular level. The company, based in Branford, Connecticut, sold 8.3 million shares at a price of $15 per share. 

October 13

AvidXchange Holdings Inc., AVDX

• The accounts payable and automation software company provides payment solutions for middle market companies and their suppliers. Based in Charlotte, North Carolina, AvidXchange sold 26.4 million shares at 25 each.

October 14

Gitlab Inc., GTLB

• The development operations software company allows customers to contribute to a single source code to shorten the time of their software development cycles. Based in Wilmington, Delaware, Gitlab sold 10.4 million shares at $77 each.

IHS Holding Ltd., IHS

• The owner, developer, and operator of shared telecommunications infrastructure provides network capacity to mobile network operators who service 596 million customers, according to the company. IHS, based in London, England, sold 18 million shares at $21 each.

October 15

Paragon 28 Inc., FNA

• The medical device company focuses on the foot and ankle orthopedics market. Based in Englewood, Colorado, the company sold 7.8 million shares at $16 a share.

October 20

Stronghold Digital Mining Inc., SDIG

• Based in New York, New York, this computer services company mines cryptocurrencies, primarily Bitcoin. Stronghold claims to be environmentally-focused, operating out of a coal refuse power generation facility. The company sold 6.7 million shares at $19 each.

October 21

Runway Growth Finance Corp., RWAY

• The lending company offers financing to high growth-potential companies in technology, life sciences, healthcare, business services, and more. Based in Chicago, Illinois, Runway sold 6.9 million shares at $14.60 each.

Ventyx Biosciences Inc., VTYX

• This biopharmaceutical company develops therapies for patients with inflammatory and autoimmune disorders. Encinitas, California-based Ventyx sold 9.5 million shares at $16 each.

October 22

Aris Water Solutions Inc., ARIS

• The Houston, Texas-based company aims to help companies reduce their water and carbon footprints by offering water handling and recycling services for energy companies. Aris sold 17.7 million shares at $13 each.

Enfusion Inc., ENFN

• The company provides software-as-a-service solutions to investment managers and companies in the investment management industry. Based in Chicago, Illinois, Enfusion soldl 18.8 million shares at $17 each. 

Portillo Inc., PTLO

• Based in Oak Brook, Illinois, the multichannel restaurant company serves Chicago-style street food in 67 restaurants across nine states, including drive thru and fast casual venues. Portillo, whose restaurants serve dishes including Chicago-style hot dogs and sausages, Italian beef sandwiches, chopped salads, burgers, and crinkle-cut French fries, sold 20.3 million shares at a $20 per share price. 

The Vita Coco Company, COCO

• The maker of packaged coconut water and other plant-based drinks has recently branched out into sustainably packaged and protein-enhanced waters. Based in New York, New York, the company sold 11.5 million shares at $15 each.

Upcoming IPOs

October 27

Informatica Inc., INFA

• Based in Redwood City, California, the software company has created an AI-powered platform, called the Data Management Cloud, that allows users to connect, manage, and unify data in a multi-cloud environment. Informatica hopes to sell 29 million shares at a range between $29 and $32 per share. 

Rent the Runway Inc., RENT

• The online retail company allows customers to rent thousands of styles from hundreds of designer brands, with an option to buy the apparel if they choose. Rent the Runway, based in Brooklyn, New York, plans to sell 15 million shares between $18 and $21 per share.

October 28

Fluence Energy Inc., FLNC

• The Arlington, Virginia-based clean energy storage company is a joint venture between Siemens and Applied Energy Services (AES). Fluence makes energy storage products, specifically for renewable energy sources. The company hopes to sell 31 million shares for $21 to $24 each.

Globablfoundries Inc., GFS

• The semiconductor foundry and manufacturer says it has developed an integrated chip used in billions of devices worldwide. Globalfoundries also says it has a library consisting of thousands of IP titles, and differentiated transistor and device technology. Based in Malta, New York, the company plans to sell 12.9 million shares at a range between $14 and $17.

LianBio, LIAN

• The biopharmaceutical company has developed specialties in cardiovascular, oncology, ophthalmology, inflammatory disease and respiratory disease, and has collaborated with pharmaceutical company Pfizer, among others, to develop commercial infrastructure in China. Based in Princeton, New Jersey, the company plans to sell 20.3 million shares at a range between $15 and $17.

Solo Brands, Inc., DTC

• The outdoor lifestyle products company operates four brands, including Solo Stove, Oru Kayak, ISLE Paddle Boards, and Chubbies apparel. Based in Southlake, Texas, the company 12.9 million shares at a range between $17 and $19 each. 

October 29

Airsculpt Technologies, AIRS

• The body sculpting company offers contouring procedures to remove unwanted fat. Based in Miami, Florida, the company hopes to offer 10 million shares at a price range between $15 and $17 each.

HireRight Holdings Corp., HRT

• A provider of workforce risk management and compliance solutions, the company offers background screening, verification, identification, monitoring, and drug and health screening services. HireRight, based in Nashville, Tennessee, hopes to sell 22.2 million shares at a price range between $21 and $24 per share. 

Udemy Inc., UDMY

• The education marketplace and platform offers business skill development courses in 75 languages and 180 different countries. Based in San Francisco, California, Udemy hopes to sell 14.5 million shares at a range between $27 and $29 each.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s October 2021 IPO Calendar appeared first on Stash Learn.

Stash* is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated September 29, 2021

August 5

European Wax Center, EWCZ

• Based in Plano, Texas, the out-of-home waxing franchise had 808 locations in 44 states as of March 2021. The company sold 10.6 million shares at $17 per share. 

Weber Inc., WEBR

• This outdoor grilling company makes traditional charcoal grills, gas grills, wood pellet and electric grills, and more. Weber, which is based in Palatine, Illinois, sold 17.9 million shares at $14 each.

August 6

Adagio Therapeutics, ADGI

• This Waltham, Massachusetts-based biopharmaceutical company develops antibody-based solutions for infectious diseases that could become pandemics. Adagio’s lead treatment is designed to target Covid-19. The company sold 18.2 million shares at $17 each.

August 30 

Double Down Therapeutics, DDI

• Based in Seoul, South Korea, the computer software company makes digital games for mobile and web-based platforms, including its flagship game DoubleDown Casino. Double Down sold 6.3 million shares at $18 each.

September 14

Sportradar Group AG, SRAD

• The computer processing company provides software, content, and data, as well as business-to-business solutions in the sports betting industry. Sportradar, based in Gallen, Switzerland, sold 19 million shares at $27 each.

September 15

Dice Therapeutics Inc., DICE

• The biopharmaceutical company has created a technology platform that sources candidates with chronic illnesses for oral therapeutic solutions. Dice, based in San Francisco, California, sold 12 million shares at $17 each.

• Surgical equipment company Procept BioRobotics manufactures a tool known as the AquaBeam Robotic System which is used to perform minimally invasive urologic surgery. Based in Redwood City, California, the company sold 6.6 million shares at $25 each.

Definitive Healthcare Corp., DH

• The cloud-based provider of healthcare intelligence products and services sells to customers including biopharmaceutical and medical device companies, healthcare information technology companies, healthcare providers, as well as staffing firms, and commercial real estate firms, among others. Based in Framingham, Massachusetts, Definitive sold 15.6 million shares at $27 each.

Dutch Bros. Inc., BROS

• The Grants Pass, Oregon-based coffee shop chain has 471 stores in 11 states, as of June 30, 2021. Founded by third-generation dairy farmers, Dutch sold 21.1 million shares at $23 per share. 

Procept BioRobotics, PRCT

• Surgical equipment company Procept BioRobotics manufactures a tool known as the AquaBeam Robotic System which is used to perform minimally invasive urologic surgery. Based in Redwood City, California, the company sold 6.6 million shares at $25 each.

Thoughtworks Holding Inc. (Turing Holding), TWKS

• The technology consultancy provides premium, end-to-end digital strategy, design and engineering services to technology and other digital-native companies. Based in Chicago, Illinois, the company sold 36.8 million shares at $21 a share.

Tyra Biosciences Inc., TYRA

• Based in Carlsbad, California,the pharmaceutical company makes therapies to fight tumor resistance in patients who have cancer. Tyra sold 10.8 million shares at $16 per share.

September 22

A.K.A. Brand Holdings Corp., AKA

• This San Francisco, California-based direct-to-consumer fashion company owns brands such as Princess Polly, Petal & Pup, and Rebdolls. A.K.A. sold 10 million shares at $11 each.

Freshworks, FRSH

• The software-as-a-service (SaaS) business includes a customer experience (CX) product and an IT service management product. Freshworks, which is based in San Mateo, California, sold 28.5 million shares at $36 each.

Toast, Inc., TOST

• Based in Boston, Massachusetts, the cloud-based platform for the restaurant industry facilitates dine-in, delivery, and takeout channels through an end-to-end system that connects the front of the house with the back of the house. Toast sold 21.7 million at $40 per share.

September 23

Thorne Healthtech, THRN

• Based in New York, NY, the pharmaceutical company offers insights, data, and products such as nutritional supplements, as well as services for the health and wellness of customers. Thorne Healthtech sold 7 million shares priced at $10.

Engagesmart, Inc., ESMT

• This SaaS company sells software for health and wellness, utilities, government, financial services, and giving entities to aid them with scheduling, client onboarding, client communication, paperless billing, and electronic payment processing. Engagesmart, which is based in Braintree, Massachusetts, sold 14.6 million shares at a price of $26. 

Sovos Brands, SOVO

• The maker of premium food products creates brands such as Rao’s, Noosa, Birch Benders, and Michael Angelo’s. Based in Louisville, Colorado, the company sold 23.3 million shares at $12 per share.

Sterling Check Corp., STER

• The technology platform company, based in New York, New York, enables background and identity verification services for its clients. Sterling Check sold 14.3 million shares for $23 per share.

Brilliant Earth Group, Inc., BRLT

• Aimed at “values-driven Millennial and Gen Z consumers,” the company manufactures ethically-sourced, fine jewelry. Brilliant Earth, which is based in San Francisco, California, sold 18.3 million shares at $12 per share.

Remitly Global, Inc., RELY

• This digital financial services provider lets immigrants and their families send money home in a safe, reliable, and transparent manner. The company operates in over 135 countries globally. Based in Seattle, Washington, Remitly sold 12.2 million shares at  $43 per share. 

September 24

Cue Health, Inc., HLTH

• The San Diego, California-based healthcare company makes at-home testing kits for Covid-19, as well as tests for other diseases. Cue expects to sell 12.5 million shares between $15 and $17 each.

Clearwater Analytics Holdings, Inc., CWAN

• The Boise, Idaho-based technology company offers reporting, performance measurement, compliance monitoring and risk analytics solutions for asset managers, insurance companies and large corporations. Clearwater sold 12.5 million shares at $16 each.

September 28

Amplitude, Inc., AMPL

• Note: Amplitude went public through a direct listing of 35.4 million shares, at a price of $50 per share. Based in San Francisco, California, the software company focuses on digital optimization software to help businesses adapt to a digital-first environment.

Upcoming IPOs

September 29

Warby Parker, WRBY

• Note: Warby Parker will go public through a direct listing. Based in New York, New York, the designer-quality prescription glasses company services customers online and in its 145 retail locations. Since its founding in 2010, it  has also branched out into contact lenses, eye exams, and vision tests. Warby expects to sell 77.7 million shares at $24.53 each.

September 30

Olaplex Holdings Inc., OLX

• The hair care and hair treatment beauty company offers its products through an omnichannel sales platform. Based in Santa Barbara, California, Olaplex hopes to sell 67 million shares at a range between $17 and $19.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s September 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

July 28

MeridianLink Inc., MLNK

• Based in Costa Mesa, California, MeridianLink is a software-as-a-service platform that works with financial institutions, particularly credit unions. The platform sold 13.2 million shares at $26 each.  

PowerSchool Holdings Inc., PWSC

• This software company provides cloud-based insights and analytics solutions to K-12 schools. PowerSchool Holdings, which is based in Folsom, California, sold 39.5 million shares at $18 per share.

SnapOne Holdings Corp., SNPO

• Charlotte, North Carolina-based SnapOne Holdings is an electronics company that provides technology solutions for homes and businesses. SnapOne sold 13.9 million shares at $18 each.

Duolingo Inc., DUOL

• The mobile language and education platform reports it has been downloaded more than 500 million times from the Google Play and Apple App stores. Based in Pittsburgh, Pennsylvania, the company sold 5.1 million shares at $102 each.

July 29

Icosavax Inc., ICVX

• The biopharmaceutical company, based in Seattle, Washington, uses a virus-like particle (VLP) platform to develop vaccines, primarily against life-threatening respiratory illnesses. ICOSAVAX sold 12.1 million shares at $15 each. 

Nuvalent Inc., NUVL

• The preclinical phase biopharmaceutical company develops precision targeted therapies for cancer. The Cambridge, Massachusetts-based company sold 9.8 million shares at a range between $17 a share.

Riskified Ltd., RSKD

• The Tel Aviv, Israel-based  e-commerce platform helps online merchants manage and prevent fraud through machine learning and automated decision making. Riskified sold 17.5 million shares at $21 a share.

Traeger Inc. (TGPX Holdings | LLC), COOK

• The wood pellet grill system manufacturer lets people grill, smoke, bake, roast, braise, and barbeque with natural hardwoods. Based in Salt Lake City, Utah, Traeger sold 23.5 million shares at $18 each. 

Robinhood Markets Inc., HOOD

• The mobile financial services platform offers stock trading to its 18 million customers, as of March 31, 2021, and the company says its mission is to “democratize” finance for consumers by lowering barriers to stock trading. Based in Menlo Park, California, the company sold 55 million shares at $38 a share.

July 30

Dole Plc., DOLE

• One of the largest producers of fruits and vegetables globally, Dole sells more than 300 products sourced from 30 countries around the world. Based in Dublin, Ireland, the company sold 25 million shares at $16.

Omega Therapeutics, OMGA

• Based in Cambridge, Mass., the biotech company has designed an epigenomic programming platform that helps with DNA sequence targeting and mRNA-encoded therapeutics. Omega sold 7.4 million shares at $17. 

Rani Therapeutics Holdings, RAN

• The clinical stage biotherapeutics company has developed a proprietary technology that it says helps replace subcutaneous IV injection with oral dosing, or pills. Based in San Jose, California, the company plans to sell 6.7 million shares at $11.

Tenaya Therapeutics Inc., TNYA

• The biotechnology company develops three categories of therapies that address the underlying causes of cardiovascular disease. The categories are gene therapy, cellular regeneration and precision medicine. Based in San Francisco, California, the company sold 12 million shares at $15 each.

August 5

European Wax Center, EWCZ

• Based in Plano, Texas, the out-of-home waxing franchise had 808 locations in 44 states as of March 2021. The company sold 10.6 million shares at $17 per share. 

Weber Inc., WEBR

• This outdoor grilling company makes traditional charcoal grills, gas grills, wood pellet and electric grills, and more. Weber, which is based in Palatine, Illinois, sold 17.9 million shares at $14 each.

August 6

Adagio Therapeutics, ADGI

• This Waltham, Massachusetts-based biopharmaceutical company develops antibody-based solutions for infectious diseases that could become pandemics. Adagio’s lead treatment is designed to target Covid-19. The company sold 18.2 million shares at $17 each.

August 30 

Double Down Therapeutics, DDI

• Based in Seoul, South Korea, the computer software company makes digital games for mobile and web-based platforms, including its flagship game DoubleDown Casino. Double Down sold 6.3 million shares at $18 each.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing. The company is still required to file with the SEC, but when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s August 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated July 29, 2021

July 1

Acumen Pharmaceuticals, Inc., ABOS

• Based in Charlottesville, Virginia, the clinical-stage biopharmaceutical company has developed experimental treatments targeting one of the potential underlying causes of Alzheimer’s Disease: amyloid-beta oligomers. The company sold 9.99 million shares at $16 each.

D-Market Electronic Services & Trading (Hepsiburada), HEPS

• Hepsiburada is an e-commerce service focused on making digital commerce seamless. Based in Istanbul, Turkey, Hepsiburada sold 56.7 million shares at $12 per share.

EverCommerce, Inc., EVCM

• The software-as-a-service company, based in Denver, Colorado, provides solutions such as business management software for service-based small and medium-sized businesses including therapists, salon owners, and more. EverCommerce sold 19.1 million shares at $17.

Krispy Kreme, Inc., DNUT

• Based in Charlotte, North Carolina, the doughnut brand went public for the second time in its 83-year history. (It was taken private by JAB Holding Co. in 2016). Krispy Kreme says it sold 1.3 billion doughnuts across 30 countries in 2020. It sold 29.4 million shares at $17 per share. 

Torrid Holdings, CURV

• The direct-to-consumer clothing brand makes apparel and intimates for plus-size women who wear a size 10 and up. The company, based in City of Industry, California, makes clothing for women ages 25 to 40. Torrid sold 11 million shares at $21 each.

July 15

F45 Training Holdings, Inc., FXLV

• The Austin,Texas-based fitness franchise company offers 45-minute workouts that combine high-intensity interval, circuit and functional training to its customers. The company, founded in Sydney, Australia in 2013, sold 20.3 million shares at $16 a share.

Rapid Micro Biosystems, Inc., RPID

• The life sciences company builds instruments to facilitate the manufacturing of biologics, vaccines, cell and gene therapies. Rapid Micro Biosystems, based in Lowell, Massachusetts, sold 7.9 million shares at $20 per share. 

Sight Sciences, SGHT

• This medical instruments manufacturer makes ophthalmology and optometry equipment. Sight Sciences’ products OMNI and the TearCare System are designed to treat glaucoma and dry eye disease, respectively. Based in Menlo Park, California, Sight Sciences sold 10 million shares at $24 each. 

Membership Collective Group, Inc., MCG

• The global private membership platform connects its approximately 119,000 members primarily through its 28 “houses,” or hotels. These include Soho House and The Ned in London, and Skorpios Beach Club in Mykonos, Greece. Based in London, United Kingdom, Membership Collective sold 30 million shares at $14 per share.

Phillips Edison & Company, Inc., PECO

• The managed real estate investment trust (REIT) owns neighborhood and community shopping centers. Based in Cincinnati, Ohio, Phillips Edison & Company sold 17 million shares at $28 each.

July 16

Bridge Investment Group Holdings, BRDG

• Based in Salt Lake City, Utah, the real estate investment manager has approximately $26 million of assets under management (AUM) as of March 31, 2021. Bridge sold 18.8 million shares at $16 per share.

Erasca, Inc., ERAS

• This pharmaceutical company is intent on erasing cancer. Based in San Diego, California, Erasca focuses on discovering, developing, and commercializing therapies for certain kinds of cancer. The company sold 18.8 million shares at $16 per share.

Stevanato Group, S.p.A., STVN

• Based in Padua, Italy, the life sciences company makes products, processes, and services for the lifecycle of drug development, including drug containment, delivery, and diagnostic solutions. Stevanato sold 32 million shares at $21 per share. 

Blend Labs, Inc., BLND

• The San Francisco, California-based software platform company designs end-to-end consumer “journeys” for financial services companies, streamlining how customers can get mortgages, home equity lines, credit cards, deposit accounts, and more. Blend Labs sold 20 million shares at $18 per share.

July 21

CS Disco, Inc., LAW

• The software company uses artificial intelligence to help law firms, enterprises, legal service providers, and governments identify relevant legal documents in the discovery and review process. Based in Austin, Texas, CS Disco sold 7 million shares at $32 per share.

Kaltura, Inc., KLTR

• Based in New York, New York, Kaltura is a cloud-based provider of real-time, on-demand and live video products and solutions including a video portal, town halls, video messaging, meetings, webinars and content management system. Kaltura sold 15 million shares at $10.

Paycor HCM, Inc., PYCR

• Based in Cincinnati, Ohio, the company offers human capital software-as-service solutions for small and mid-sized businesses. Paycor has created a system that streamlines internal workflows including employee data management, payroll, and compliance. The company sold 18.5 million shares at $23 each. 

VTEX, VTEX

• Based in London, England, the software-as-service company offers a comprehensive commerce solution that includes online stores, integration and management of order flows across channels, as well as creation of marketplaces to sell products from third-party vendors. The company sold 19 million shares at $19.

July 22

Couchbase, Inc., BASE

• The enterprise database provider enables companies to run mission-critical systems in multiple environments, including cloud, cloud-hybrid, and on-premise to the edge. The Santa Clara, California-based company sold 8.3 million shares at $24.

Ryan Specialty Group Holdings, Inc., RYAN

• The company sells specialty insurance solutions for insurance brokers, agents, and carriers, including distribution, underwriting, product development, administration, and risk management services. Based in Chicago, Illinois, Ryan, which also functions as a wholesale broker and managing underwriter, sold 56.9 million shares at $23.50.

Zevia, PBC, ZVIA

• Based in Encino, California, the company produces zero calorie, zero sugar, naturally sweetened beverages that are non-GMO verified. Zevia, which has a line of sodas, energy drinks, organic teas, mixers, kids drinks, and sparkling water, sold 10.7 million shares at $14 each.

July 23

Core & Main, Inc., CNM

• The distributor of water, wastewater, storm drainage, fire protection products and related services connects suppliers and customers in municipalities, and serves residential as well as non-residential customers. Based in St. Louis, Missouri, the company sold 34.9 million shares at $20.

Cytek BioSciences, CTKB

• The cell analysis lab instrument company hopes to innovate in cell research through the use of its full spectrum, high-resolution flow cytometers. Based in Fremont, California, the company sold 16.8 million shares at $17 each.

Outbrain, Inc., OB

• The online recommendation platform claims to work with more than 7,000 websites and digital publications to help monetize customer visits. Based in New York, New York, Outbrain sold 8 million shares at $20. 

Xponential Fitness Inc., XPOF

• The boutique fitness franchisor helps to create specialized workouts in community-based environments. Based in Irvine, California, Xponential sold 10 million shares at $12 each.

July 28

MeridianLink, Inc., MLNK

• Based in Costa Mesa, California, MeridianLink is a software-as-a-service platform that works with financial institutions, particularly credit unions. The platform sold 13.2 million shares at $26 each.  

PowerSchool Holdings, Inc., PWSC

• This software company provides cloud-based insights and analytics solutions to K-12 schools. PowerSchool Holdings, which is based in Folsom, California, expects to sell 39.5 million shares at $18 per share.

SnapOne Holdings Corp., SNPO

• Charlotte, North Carolina-based SnapOne Holdings is an electronics company that provides technology solutions for homes and businesses. SnapOne sold 13.9 million shares at $18 each.

Duolingo, Inc., DUOL

• The mobile language and education platform reports it has been downloaded more than 500 million times from the Google Play and Apple App stores. Based in Pittsburgh, Pennsylvania, the company plans to sell 5.1 million shares at $102 each.

Upcoming IPOs

July 29

Icosavax, Inc., ICVX

• The biopharmaceutical company, based in Seattle, Washington, uses a virus-like particle (VLP) platform to develop vaccines, primarily against life-threatening respiratory illnesses. ICOSAVAX sold 12.1 million shares at $15 each.. 

Nuvalent, Inc., NUVL

• The preclinical phase biopharmaceutical company develops precision targeted therapies for cancer. The Cambridge, Massachusetts-based company plans to sell 9.8 million shares at a range between $17 a share.

Riskified Ltd., RSKD

• The Tel Aviv, Israel-based  e-commerce platform helps online merchants manage and prevent fraud through machine learning and automated decision making. Riskified sold 17.5 million shares at $21 a share.

Traeger Inc. (TGPX Holdings | LLC), COOK

• The wood pellet grill system manufacturer lets people grill, smoke, bake, roast, braise, and barbeque with natural hardwoods. Based in Salt Lake City, Utah, Traeger plans to sell 23.5 million shares at $18 each. 

Robinhood Markets, Inc., HOOD

• The mobile financial services platform offers free stock trading to its 18 million customers, as of March 31, 2021, and the company says its mission is to “democratize” finance for consumers by lowering barriers to stock trading. Based in Menlo Park, California, the company sold 55 million shares at $38 a share.

July 30

Dole Plc., DOLE

• One of the largest producers of fruits and vegetables globally, Dole sells more than 300 products sourced from 30 countries around the world. Based in Dublin, Ireland, the company hopes to sell 30.3 million shares at a range between $16 and $17.

Ocean Biomedical, Inc., OCEA

• The biopharmaceutical company leverages its relationships with leading medical centers and research universities to bring innovation in cancer and infectious disease treatments to market. Based in Providence, Rhode Island, Ocean hopes to sell 6.3 million shares at a range between $7 and $9.

Omega Therapeutics, OMGA

• Based in Cambridge, Mass., the biotech company has designed an epigenomic programming platform that helps with DNA sequence targeting and mRNA-encoded therapeutics. Omega plans to sell 7.4 million shares at a range between $16 and $18. 

Rani Therapeutics Holdings, RAN

• The clinical stage biotherapeutics company has developed a proprietary technology that it says helps replace subcutaneous IV injection with oral dosing, or pills. Based in San Jose, California, the company plans to sell 6.7 million shares at a range between $14 and $16.

Tenaya Therapeutics, Inc., TNYA

• The biotechnology company develops three categories of therapies that address the underlying causes of cardiovascular disease. The categories are gene therapy, cellular regeneration and precision medicine. Based in San Francisco, California, the company plans to sell 10 million shares at a range between $14 and $16.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s July 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

Updated June 29, 2021

June 3

dLocal, Ltd., DLO

• Based in Montevideo, Uruguay, dLocal handles online payments in emerging markets.  The company’s unified platform helps global merchants accept and make payments. The company sold 29.4million shares at $25. 

June 9

Margeta, Inc., MQ

• The company offers a technology platform that lets companies issue debit and prepaid cards, as well as process payments for customers.  Based in Oakland, California, Marqeta works with companies including Affirm, Doordash, Instacart and Klarna to create customized cards and payment methods. The company sold 45.5 million shares at $27.

June 10

1STDIBS.COM, Inc., DIBS

• Based in New York, New York, the online marketplace connects sellers and makers of vintage, antique, and contemporary furniture, home décor, jewelry, watches, art and fashion with buyers. The marketplace currently has approximately 4,200 seller accounts in 55 countries, with 3.5 million users. 1STDIBS sold 5.8 million shares for $20 a share. 

Lifestance Health Group, Inc., LFST

• The company provides mental health services online and in person at health centers. Based in Scottsdale, Arizona, the company employs approximately 3,300 licensed mental health clinicians through subsidiaries and affiliated practices in 27 states as of March 31, 2021. Lifestance sold 40 million shares at $18 each.

Monday.com, Ltd., MNDY

• The cloud-based platform lets its customers create their own modular software applications and management tools with either no coding, or low-coding involvement. The categories of building blocks include items, columns, views, automations, integrations and widgets, according to company information. Based in Tel Aviv, Israel, the company sold 3.7 million shares at a price of $155 each.

Zeta Global Holdings Corp., ZETA

• The omnichannel data-driven and artificial intelligence cloud platform provides businesses with consumer intelligence and automated marketing insights. The platform delivers personalized marketing across channels including email, social media, web, chat, connected TV, and video. Based in New York, New York, Zeta sold 21.5 million shares at $10 each.

June 11

TaskUs, TASK

• The New Braunfels, Texas company provides outsourcing services that handle urgent business customer needs such as compliance and online content moderation. The company has approximately 100 customers in industries ranging  social media, e-commerce, financial technology, gaming, health technology, streaming media, food delivery and ride sharing. Its clients include Zoom, Netflix, Uber, Coinbase and Oscar. TaskUs sold 13.2 million shares at $23 each

Janux Therapeutics, JANX

• Based in La Jolla, California, Janux Therapeutics is a pharmaceutical company developing therapeutics to treat cancer with something called a tumor-activated T cell engager. Janux sold 9.5 million shares at $17 each

Kanzhun Limited, BZ

• The Beijing, China-based online recruitment platform connects employers with potential candidates. The company sold 48 million American Depositary Shares (ADS) at $19 each. Note: The IPO is structured as a sale of ADS, representing 96 million Class A ordinary shares.

June 16

Convey Holding Parent, Inc., CNVY

• The healthcare platform, and parent of Convey Health, uses technology that aims to  improve government-sponsored plans, such as Medicare Advantage. Based in Fort Lauderdale, Florida, Convey sold 13.3 million shares at $14 each.  

WalkMe Ltd., WKME

• Tel Aviv, Israel-based software company WalkMe allows employees of businesses and customers to navigate websites, Software as a Service (SaaS) applications, and mobile apps in one place. WalkMe sold 9.3 million shares at $31 each. 

June 17

Angel Oak Mortgage, Ltd., AOMR

• The real estate investment company invests in first lien, nonqualified (non-QM) loans and other mortgage related assets. Based in Atlanta, Georgia, Angel Oak sold 7.2 million shares at $19 pers share.

Lyell Immunopharma, Inc., LYEL

• The preclinical biotech company works with T cells to treat solid tumors in cancer patients. Lyell Immunopharma is based in San Francisco, California, and sold 25 million shares at $17.

Verve Therapeutics, VERV

• Verve Therapeutics is a genetic medicines company that aims to develop single-course gene editing medicines to replace chronic treatments for cardiovascular disease. Based in Cambridge, Massachusetts, Verve sold 14.04 million shares at $19 per share.

June 18

AiHuiShou International Co. Ltd., RERE

• Based in Shanghai, China, the company claims to be one of the largest pre-owned consumer electronics transactions and services platforms in China. AiHuiShou sold 16.2 million shares at $14 per share. 

Ambrx Biopharma, AMAM

• Ambrx Biopharma sold 7 million shares at $18 per share. This biologic products company is based in La Jolla, California, and is a clinical-stage biologics company that uses genetic code technology to incorporate synthetic amino acids into the proteins of living cells. 

ATAI Life Sciences B.V.*, ATAI 

• The clinical-stage biopharmaceutical company, based in Berlin, Germany, is developing psychedelic compounds for the treatment of mental health disorders, such as  depression, substance use disorder, and anxiety. ATAI sold 15 million shares at $15.

Century Therapeutics, IPSC 

• Based in Philadelphia, Pennsylvania, Century Therapeutics is a biotechnology company developing allogeneic cell therapies for solid tumors and hematological malignancies. Century Therapeutics expects to sell 10.6 million shares at $20.

Cyteir Therapeutics, CYT

• The Lexington, Massachusetts-based clinical stage biotechnology company develops precision oncology medicines that aim to inhibit DNA damage and cause cancer cell death. Cyteir Therapeutics hopes to sell 7.4 million shares at $18 per share.

Tremor International, Ltd., TRMR

• Based in Tel Aviv, Israel, the software company connects advertisers and publishers to help deliver brand stories to the right audiences. Tremor will be uplifted, or moved, to the NASDAQ from London-based AIM and sold 6.8 million shares at $19 per share.

Full Truck Alliance, Co., Ltd., YMM

• Full Truck Alliance is known as “China’s Uber for Trucks,” and is a software platform that connects shippers with truckers. The company sold 82.5 million American Depositary Shares (ADS) at a price of $19. Note: The IPO is structured as a sale of ADS, representing 1.65 billion Class A ordinary shares.

June 22

First Advantage Corp., FA

• Based in Atlanta, Georgia, First Advantage is a global technology platform that provides employers with technology solutions for screening, verification, safety, and compliance for employees. First Advantage sold 25.5 million shares at $15 per share.

June 23

Sprinklr, Inc., CXM

• This enterprise software company connects internal departments such as customer care and marketing, with the goal of allowing them to collaborate to serve customers. Based in New York, New York, Sprinklr sold 16.7 million shares at $16.

June 24

Bright Health Group, BHG

• The healthcare company aims to help consumers find the best care using local resources, while reducing costs. Bright Health, based in Minneapolis, Minnesota, sold 51.4 million shares at $18 per share.

Doximity, Inc., DOCS

• Based in San Francisco, California, the software platform lets doctors work with colleagues, coordinate patient care, hold virtual appointments with patients, and more. The platform sold 23.3 million shares at $26 per share.

June 29

Dingdong Cayman Limited, DDL

• Dingdong Cayman is an on-demand e-commerce company based in Shanghai, China. This company provides fresh produce, meat, seafood, and more on a daily basis to households in China. Dingdong sold 3.7 million ADS at $23.50 per share. 

Upcoming IPOs

June 30

CLEAR Secure, Inc., YOU

• Based in New York, the  security platform  uses biometrics such as fingerprint, eye, and face identification for secure travel. CLEAR plans to sell 13.2 million shares at a $27 to $30 price range.

DiDi Global, Inc., DIDI

• Known as “China’s Uber,” DiDi Global is a technology platform that gives customers access to taxis, chauffeurs, and other ride sharing options. Based in Beijing, China, DiDi hopes to sell 288 million shares at a range of $13 to $14. 

Intapp, Inc., INTA

• Based in Paolo Alto, California, the software service company allows professional and financial services firms to connect their people, processes, and data through cloud-based artificial intelligence solutions. Intapp plans to sell 10.5 million shares at a price range of $25 to $28.

Integral Ad Science Holding, IAS

• The technology platform provides integrated verification and measurement for digital advertising channels such as desktop, mobile, connected TV, social, display, and video. Based in New York, New York. IAS expects to sell 15 million shares at a $15 to $17 range.

LegalZoom.com, Inc., LZ

• Based in Glendale, California, the online platform for legal and compliance solutions in the U.S. LegalZoom.com offers small businesses subscription legal services to help protect themselves. The company plans to sell 19.1 million shares between $24 and $27.

Sentinelone, Inc., S

• The artificial intelligence-powered, autonomous cybersecurity platform offers autonomous endpoint threat detection and defense. The Mountain View, California- based tech company hopes to sell 32 million shares at a price range of $26 to $29 per share.

Xometry, Inc., XMTR

• This Derwood, Maryland based company is an online marketplace connecting companies with manufacturing demand and manufacturers. Xometry expects to sell 6.9 millions shares between $39 and $42 per share.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way®.

The post Stash’s June 2021 IPO Calendar appeared first on Stash Learn.

Check out Stash’s initial public offering (IPO) calendar, which includes public offerings from the past month, as well as offerings expected in the next 15 days. We’ve included companies with a market cap of $500 million or more. These might be available on Stash’s platform once they trade on the stock market.* We’ll update this information with upcoming offerings each month, using the same criteria. 

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

April 14

Alkami Technology Inc., ALKT

• Based in Plano, Texas, the cloud-based digital banking company offers a platform that can help regional and super regional banks compete with larger, more technologically advanced banks. Alkami offered 6 million shares at $30.

Coinbase Global Inc., COIN

• The crypto-currency exchange, one of the largest in the U.S., aims to make a more open and dependable financial services industry and economy based on blockchain technology. Formerly based in San Francisco, the company is now fully remote. It sold 115 million shares through a direct listing. Shares began selling at $250.

April 15

Agilon Health Inc., AGL

• The Medicare-centric health care platform works with primary care physicians assisting seniors, which can help maximize care and savings. Agilon, based in Long Beach, California, sold 47 million shares at $23.

AppLovin Corp., APP

• The mobile app company can help game developers market and monetize their apps. Based in Palo Alto, California, AppLovin sold 25 million shares at $80.

TuSimple Holdings Inc., TSP

• The global self-driving truck company, based in San Diego, California, has developed autonomous driving software that enables long and short-term perception, decision making, and mapping for freight-hauling semis. The company sold 33.8 million shares at $40.

April 16

Akoya Biosciences, Inc. AKYA

• The biotech company focuses on disease therapy, using something called spatial biology to detect and map the distribution of cell types and biomarkers across whole tissue samples. Based in Marlborough, Mass., Akoya sold 6.6 million shares at $20.

Recursion Pharmaceuticals, Inc. RXRX

• The biotech company, based in Salt Lake City, Utah, uses big data, artificial intelligence, and engineering to develop a proprietary chemical and biological database, focused currently on colon cancer therapy. Recursion sold 24.2 million shares at $18.

April 21

DoubleVerify Holdings, Inc. DV

• The digital advertising company has created a software platform that can help companies root out advertising fraud, and independently verify their marketing and media strategies and results. Based in New York, New York, DoubleVerify sold 13.3 million shares at $27.

UiPath, Inc. PATH

• The artificial intelligence company can help workplaces automate business processes such as logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases. Based in New York, New York, the company sold 23.9 million shares at $56.

April 22

KnowBe4, Inc. KNBE

• The security awareness platform lets organizations assess, monitor, and respond to cybersecurity threats and social engineering attacks. Based in Clearwater, Florida, the company sold 9.5 million shares at $16.

Zymergen, Inc. ZY

• The bio-friendly products company manufactures for consumers and businesses. Among its products are  films for electronics companies, naturally derived UV protection, and a natural, non-DEET insect repellent. Zymergen, based in Emeryville, California, sold 13.6 million shares at $31.

April 23

Agiliti, Inc. AGTI

• The Minneapolis, Minnesota based medical products company provides critical care equipment to national, regional and local acute care facilities. The company sold 26.3 million shares at $14.

Latham Group, Inc. SWIM

• The in-ground fiberglass pool manufacturer creates products that give consumers the choice of either freshwater or saltwater pools. Based in Latham, New York, the company sold 20 million shares at $19. 

Treace Medical Concepts, Inc. TMCI

• The orthopedic medical device products company specializes in 3-D bunion correction systems. Located in Ponte Verde, Florida, Treace sold 11.3 million shares at $17.

April 28

FTC Solar, Inc. FTCI

• The solar panel company produces a two-panel system with tracking software that it claims increases the capacity of the panels to collect solar power. Based in Austin, Texas, the company sold 19.8 million shares at $13.

April 29

Endeavor Holdings, Inc. EDR

• The premium content, events, and entertainment company produces live events and experiences. It also owns the Ultimate Fighting Championship (UFC), New York Fashion Week, and World Wrestling Entertainment. Endeavor sold 21.3 million shares at $24.

May 5

The Honest Company, Inc. HNST

• Based in Los Angeles, California, and founded by actress and entrepreneur Jessica Alba, the Honest company sells environmentally-friendly lifestyle products, such as diapers, wipes, skin products, and more. The Honest Company sold 25.8 million shares at $16. 

May 6

Valneva SE, VALN

• Valneva makes vaccines against infectious diseases largely ignored or underserved by the medical world, such as Lyme disease. The company, which is based in Saint-Herblain, France, is in the second phase of clinical trials of their Lyme disease inoculation. Valneva is also testing a Covid-19 vaccine, and sold 3.5 million shares for $26.41.

May 7 

Waterdrop, Inc., WDH

• Waterdrop is an online platform that can help consumers find healthcare and insurance in China. Based in Beijing, Waterdrop is reportedly the largest third-party insurance platform in the country. Waterdrop sold 30 million shares at $12.

Talaris Therapeutics, TALS

• Based in Louisville, Kentucky, Talaris Therapeutics is a stem cell therapy company focused on improving the standard of care for organ transplantation. The company’s lead product is called FCR001 and is made from stem and immune cells from healthy organ donors. Talaris sold 8.8 million shares at $17.

Upcoming IPOs

May 12 

Global-E Online Ltd., GLBE

• This e-commerce platform based in Petah Tikva, Israel, hosts more than 440 merchants from around the world on its direct-to-consumer platform. The site allows consumers around the world to shop internationally with as little friction as possible, interacting with shoppers in their native languages, adjusting pricing and payment options, and factoring local consumer regulations and requirements including taxes, customs duties and shipping, as well as after-sales service and returns. Global-E expects to sell 15 million shares between $23 and $25 each. 

Similarweb, SMWB

• Based in Tel Aviv, Israel, Similarweb makes software that allows websites, marketers, analysts, salespeople, and more, to gain business and marketing insights about interactions with their website and with those of their competitors. Similarweb will sell 8 million shares at a range between $19 and $21. 

May 13

Enact Holdings, Inc., ACT

• Formerly Genworth Holdings, Enact is a private mortgage provider that offers services in all 50 states in the U.S., as well as Washington, D.C. The company, which is based in Raleigh, North Carolina, hopes to sell 22.6 million shares at a price range of $20 to $24. 

May 14

hear.com N.V., HCG

• Based in Utrecht, Netherlands, hear.com is an online platform that can help customers find medical-grade hearing care, including hearing tests, device fittings, and clinics. The company plans to sell 16.2 million shares at a $17 to $20 range. 

May 19

Squarespace, Inc., SQSP

• Squarespace is an online platform that allows both individuals and companies to create their own websites, build their brands, and manage their businesses. The tech company, based in New York, New York, will go public via a direct listing. 

May 20

Oatly Group, AB OTLY

• The producer of oat-based milks, ice creams, yogurts, cooking creams, spreads and on-the-go drinks positions itself as an plant-based alternative to traditional dairy products. Based in Malmo, Sweden, Oatly plans to sell 84.4 million shares at a range between $15 and $17.

Procore Technologies, PCOR

• The provider of construction management cloud-based software can help general contractors, specialty contractors, architects, and engineers, to collaborate from multiple locations and multiple Internet-connected devices. Procore, based in Carpinteria, California, plans to sell 9.5 million shares at a range between $60 and $65.

May 26

Ziprecruiter, Inc. ZIP

• The online job market platform aims to simplify job searches and placements by matching opportunities for job seekers with employers seeking candidates for positions. Founded in 2010, the Santa Monica, California-based company plans to sell 86.6 million shares through a direct listing. (No share price information immediately available.)

Flywire Corp., FLYW

• Flywire is an electronic payments enablement company that focuses on education, healthcare, travel, and business-to-business transactions, rather than e-commerce and consumer payments. Based in Boston, Massachusetts, Flywire plans to sell 8.7 million shares at a range between $22 and $24. 

Paymentus Holdings, Inc., PAY

• Based in Redmond, Washington, Paymentus is a cloud-based bill payment company. Paymentus, which lets its more than 1,300 business clients bill their customers,  expects to sell 10 million shares at a range between $19 and $21.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

The post Stash’s May 2021 IPO Calendar appeared first on Stash Learn.

Check out Stash’s initial public offering (IPO) calendar, which includes public offerings from the past month, as well as offerings expected in the next 15 days. We’ve included companies with a market cap of $500 million or more. These might be available on Stash’s platform once they trade on the stock market.* We’ll update this information with upcoming offerings each month, using the same criteria. 

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

March 10, 2021

Roblox Corp., RBLX

• The 3-D learning platform created by the company enables its approximately 36 million customers worldwide to connect, learn, communicate, and experience in digital worlds created by a community of 7 million developers.  Based in San Mateo, California, Roblox went public through a direct listing of 198.9 million shares at $45 each.

March 11, 2021

Coupang, Inc., CPNG

• The e-Commerce platform, based in South Korea, promises quick delivery of millions of items including groceries, often within hours. The company issued 120 million shares at a price of $35.

March 12, 2021

Hayward Holdings, Inc., HAYW 

• The manufacturer of residential pool equipment and outdoor experiences is a big player in the North American pool market. Based in Berkeley Heights, N.J., its offerings include energy-efficient and environmentally-friendly products. Hayward sold 40.3 million shares at a price of $17.

JOANN, Inc., JOAN

• The specialty retailer of crafts and fabrics, is a well-known name in sewing and arts and crafts. The company, based in Hudson, Ohio, says it has benefitted from the DIY trends brought about by the Covid-19 pandemic. JOANN sold 11 million shares at a price of $12.

Prometheus Biosciences, Inc., RXDX

• The biomedical company, based in San Diego, California, develops targeted treatments for irritable bowel syndrome, including a monoclonal antibody that may block small proteins that lead to inflammation of the bowels. Prometheus sold 10 million shares at $19.

April 1

Compass, Inc., COMP

• The New York-based software platform company connects residential real estate agents with sellers and buyers. Its tools include customer relationship management, marketing, and client services. In its public offering, the company sold 25 million shares at $18 each.

Frontier Group Holdings, ULCC

• Based in Denver, Colorado, Frontier is a budget airline that provides flights throughout the U.S. and some locations in the Americas. Frontier was acquired by the investment fund Denver Management Company in 2013. It sold 30 million shares at $19.

Karooooo Ltd.,  KARO

• The Singapore-based software-as-a-service (SaaS) company offers software used by connected vehicles to deliver insights on how businesses can decrease costs and improve efficiency. Karooooo moved from the Johannesburg Stock Exchange to the NASDAQ, selling 1.1 million shares at $28.

Smart Share Global, EM

• The company, also known as Energy Monster, offers mobile device charging services in China, allowing customers to rent portable power banks located at restaurants, hotels, shopping centers and other public spaces. Based in Shanghai, China, Smart Share issued 17.7 million shares at $8.50 each.

April 14

Alkami Technology, Inc., ALKT

• Based in Plano, Texas, the cloud-based digital banking company offers a platform that can help regional and super regional banks compete with larger, more technologically advanced banks. Alkami plans to offer 6 million shares at a range between $22 and $25.

Coinbase Global, Inc., COIN

• The crypto-currency exchange, one of the largest in the U.S., aims to make a more open and dependable financial services industry and economy based on blockchain technology. Formerly based in San Francisco, the company is now fully remote. It will sell 115 million shares through a direct listing. (No share price currently available.)

April 15

Agilon Health, Inc., AGL

• The Medicare-centric health care platform works with primary care physicians assisting seniors, to help maximize care and savings. Agilon, based in Long Beach, California, will sell 47 million shares at a range between $20 and $23.

AppLovin Corp., APP

• The mobile app company helps game developers market and monetize their apps. Based in Palo Alto, California, AppLovin plans to sell 25 million shares at a range between $75 and $85.

TuSimple Holdings, Inc., TSP

• The global self-driving truck company, based in San Diego, California, has developed autonomous driving software that enables long and short-term perception, decision making, and mapping for freight-hauling semis. The company will sell 34 million shares at a range between $35 and $39.

April 16

Akoya Biosciences, Inc. AKYA

• The biotech company focuses on disease therapy, using something called spatial biology to detect and map the distribution of cell types and biomarkers across whole tissue samples. Based in Marlborough, Mass., Akoya plans to sell 6.6 million shares at a range between $18 and $20.

Recursion Pharmaceuticals, Inc. RXRX

• The biotech company, based in Salt Lake City, Utah, uses big data, artificial intelligence, and engineering to develop a proprietary chemical and biological database, focused currently on colon cancer therapy. Recursion plans to sell 18 million shares at a range between $16 and $18.

April 21

DoubleVerify Holdings, Inc. DV

• The digital advertising company has created a software platform that helps companies root out advertising fraud, and independently verify their marketing and media strategies and results. Based in New York, New York, DoubleVerify plans to sell 13.3 million shares at a range between $24 and $27.

UiPath, Inc. PATH

• The artificial intelligence company helps workplaces automate business processes such as logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases. Based in New York, New York, the company will sell 21.3 million shares at a range between $43 and $50.

April 22

KnowBe4, Inc. KNBE

• The security awareness platform lets organizations assess, monitor, and respond to cybersecurity threats and social engineering attacks. Based in Clearwater, Florida, the company plans to sell 11.8 million shares at a range between $16 and $18.

Zymergen, Inc. ZY

• The bio-friendly products company manufactures for consumers and businesses. Among its products are  films for electronics companies, naturally derived UV protection, and a natural, non-DEET insect repellent. Zymergen, based in Emeryville, California, will sell 13.6 million shares at range between $28 and $31.

April 23

Agiliti, Inc. AGTI

• The Minneapolis, Minnesota based medical products company provides critical care equipment to national, regional and local acute care facilities. The company will sell 18.3 million shares at a range between $18 and $20.

Latham Group, Inc. SWIM

• The in-ground fiberglass pool manufacturer creates products that give consumers the choice of either freshwater and saltwater pools. Based in Latham, New York, the company plans to sell 20 million shares at a range between $19 and $21. 

Treace Medical Concepts, Inc. TMCI

• The orthopedic medical device products company specializes in 3-D bunion correction systems. Located in Ponte Verde, Florida, Treace plans to sell 9.4 million shares at a range between $15 and $17.

April 28

FTC Solar, Inc. FTCI

• The solar panel company produces a two-panel system with tracking software that it claims increases the capacity of the panels to collect solar power. Based in Austin, Texas, the company plans to sell 18.4 million shares at a range between $18 and $20.

April 29

Endeavor Holdings, Inc. EDR

• The premium content, events, and entertainment company produces live events and experiences. It also owns the Ultimate Fighting Championship (UFC), New York Fashion Week, and World Wrestling Entertainment. Endeavor plans to sell 21.3 million shares at a range between $23 and $24.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

The post Stash’s April 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

February 11, 2021

loanDepot, LDI

• Based in Foothill Ranch, California, the retail-focused, non-bank, digital mortgage origination platform, originated $79.4 billion of loans for the 12 months ended Sept. 30, 2020. The company issued 3.9 million shares at $14. 

Apria Inc., APR

• The integrated home healthcare equipment and related services company arranges its offerings around three core products: 1) Home respiratory therapy ; (2) Obstructive sleep apnea (“OSA”) treatment (including continuous positive airway pressure (“CPAP”) and bi-level positive airway pressure devices, and patient support services; and (3) negative pressure wound therapy (“NPWT”).  Apria, based in Indianapolis, Indiana sold 7.5 million shares at $20.

Bioventus Inc., BVS

• A global medical device company focused on developing and commercializing clinically differentiated, cost-efficient, and minimally invasive treatments that engage and enhance the body’s natural healing process. Its core products are arranged around three categories:1) OA (osteoarthritis) joint pain treatment and joint preservation and injectable treatments; 2) bone graft substitutes, and 3) A minimally invasive fracture treatment that uses pulsed ultrasound. The Durham, North Carolina-based company sold 8 million shares at $13.

Bumble Inc., BMBL

• The online and mobile dating app company, based in Austin, Texas, attempts to overturn antiquated gender norms by letting women make the first move. Over 40 million users go to Bumble, and its sibling dating app Badoo, each month. The company issued 50 million shares at $43. 

Signify Health, Inc., SGFY

• The Norwalk, Connecticut-based healthcare platform leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. Customers include health plans, governments, employers, health systems and physician groups. The company issued 23.5 million shares at $24.

March 3, 2021

Oscar Health, Inc.,  OSCR

• The health insurance provider, based in New York, uses technology and data analytics to help serve its 529,000 members. Oscar issued 37 million shares at $39.

March 4, 2021

InnovAge Holding Corp., INNV

• The senior-focused health care provider works with both Medicare and Medicaid recipients to keep them in their homes, rather than nursing homes, and to ensure cost savings for federal agencies.  InnovAge, based in Denver, Colorado, sold 17 million shares at $21.

March 10, 2021

Roblox Corp., RBLX

• The 3-D learning and gaming company enables 36 million customers worldwide to connect, learn, communicate, and experience in digital worlds created by a community of 7 million developers.  Based in San Mateo, California, Roblox will go public through a direct listing. (No share price currently available.)

March 11, 2021

COUPANG, Inc., CPNG

• The e-Commerce platform, based in South Korea, promises quick delivery of millions of items including groceries, often within hours. The company plans to issue 120 million shares at a price ranging from $27 to $30.

March 12, 2021

Hayward Holdings, Inc., HAYW 

• The manufacturer of residential pool equipment and outdoor experiences claims to have 30% of the North American pool market. Based in Berkeley Heights, N.J., its offerings include energy-efficient and environmentally-friendly products. Hayward plans to sell 40 million shares at a price ranging from $17 and $19.

JOANN, Inc., JOAN

• The specialty retailer of crafts and fabrics claims to be a category leader in sewing and arts and crafts. The company, based in Hudson, Ohio, says it has benefitted from the DIY trends brought about by the Covid-19 pandemic. JOANN plans to sell 11 million shares at a price range between $15 and $17.

Prometheus Biosciences Inc., RXDX

• The biomedical company, based in San Diego, California, develops targeted treatments for irritable bowel syndrome, including a monoclonal antibody that may block small proteins that lead to inflammation of the bowels. Prometheus plans to sell 7.4 million shares at a price range between $16 and $18.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 

Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

The post Stash’s March 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

Wednesday, January 13, 2021

Affirm Holdings, Inc., AFRM 

• This San Francisco, California-based commerce platform focuses on the mobile checkout experience, providing customers with fixed-rate, short-term financing options to pay for purchases over time. Affirm issued 24.6 million shares at $49 per share.

Thursday, January 14, 2021

Petco Health and Wellness Company, Inc., WOOF

• The pet care products company has offered goods and services to pet owners for more than 50 years. The San Diego, California retailer sold 48 million shares at $18 each.

Poshmark, Inc., POSH 

• Redwood City, California is home to Poshmark, an online marketplace that allows customers to sell their clothing, accessories, footwear, and other products. Poshmark issued 6.6 million shares at $42 each.

Friday, January 15, 2021

Driven Brands Holdings, Inc., DRVN 

• One of the largest automotive services providers in North America, Driven Brands is located in Charlotte, North Carolina. The company offers services such as paint, collision, glass, vehicle repair, oil change, car wash, and more. Driven issued 31.8 million shares at $22 each. 

Platytika, td. PLTK 

• The mobile game creator, based in Israel, makes live game experiences, including casino games, poker, and solitaire. Additionally, it provides curated in-game content and customer offers on its proprietary technology platform. Playtika sold 69.5 million shares at $27 each.

Thursday, January 21, 2021

Dream Finders Homes, DFH

• Since 2014, Dream Finders Home has designed, built, and sold homes in high-growth areas of the U.S. This Jacksonville, Florida-based company listed 9.6 million shares at a price of $13. 

Mytheresa Netherlands Parent B.V., MYTE

• Located in Munich, Germany, Mytheresa is a luxury e-commerce platform. Mytheresa issued 15.7 million shares at $26 each. 

Friday, January 22, 2021

RLX Technology, RLX

• RLX Technology is an e-vapor company based in Beijing, China. As of the end of September, 2020, RLX Technology has a 62.6% share of the closed-system e-vapor industry in China. RLX Technology sold 116.5 million shares at $12 each. 

Wednesday, January 27, 2021

Shoals Technologies Group, SHLS

• Based in Portland, Tennessee, Shoals provides components necessary to the function of solar panels. Shoals issued 77 million shares at $25 each. 

Thursday, January 28, 2021

Ortho Clinical Diagnostics Holdings PLC, OCDX

• This Raritan, New Jersey healthcare company produces in vitro diagnostic tests, including antibody and antigen tests for Covid-19. Ortho Clinical Diagnostics sold 76 million shares at $17. 

Qualtrics International, XM

• Qualtrics International is a software company that makes “experience management” tools to connect employees and customers. This Provo, Utah-based company issued 51.7 million shares at $30 each.

ZIM Integrated Shipping Services Ltd., ZIM

• Operating out of Haifa, Israel, ZIM is a shipping liner company providing shipping logistics services. ZIM sold 14.5 million shares at $15 each.

Wednesday, February 3, 2021

ON24 Inc., ONTF

• Out of San Francisco, California, ON24 is a software company that allows companies to hold webinars and event experiences. ON24 issued 8.6 million shares at $50. 

TELUS International (Cda), Inc., TIXT

• TELUS, which is located in Vancouver, Canada, makes solutions software for companies. TELUS sold 37 million shares at $25 each. 

Thursday, February 4, 2021

Atotech Limited, ATC

• Atotech makes electroplating equipment used by the chemistry market. Based in the United Kingdom, Atotech issued 29.3 million shares at $17 each. 

Landos Biopharma, Inc., LABP

• Based in Blacksburg, Virginia, Landos is a biopharmaceutical company that develops oral therapeutics for autoimmune diseases. Landos issued 6.3 million shares at $16 each. 

Sana Biotechnology, Inc., SANA

• Sana Biotechnology is a pharmaceutical company located in Seattle, Washington that engineers cells, with the goal of treating diabetes, cancer, cardiovascular diseases, genetic disorders, and more. Sana sold 23.5 million shares at $25 each. 

February 9, 2021

Adagene, Inc., ADAG

• Based in China, the company is a platform-driven, clinical-stage biopharmaceutical company committed to transforming the discovery and development of novel antibody-based cancer immunotherapies. Adagene sold 7.4 million shares priced at $19.

Cloopen Group Holding, LTD, RAAS

• A cloud-based communications communications and solutions provider, based in China. Cloopen issued 20 million shares at $16. 

February 10, 2021

Viant Technology, Inc., DSP

• The advertising software company, based in Irvine, California, enables the electronification of the advertising buying process. The company sold 10 million shares at an opening price of $25.

Upcoming IPOS

Planned for February 8, 2021, but delayed

loanDepot, LDI

• Based in Foothill Ranch, California, the retail-focused, non-bank, digital mortgage origination platform, which originated $79.4 billion of loans for the 12 months ended Sept. 30, 2020. The company plans to issue 15 million shares at a range between $19 and $21. 

February 11, 2021

Apria Inc., APR

• The integrated home healthcare equipment and related services company arranges its offerings around three core products: 1) Home respiratory therapy ; (2) Obstructive sleep apnea (“OSA”) treatment (including continuous positive airway pressure (“CPAP”) and bi-level positive airway pressure devices, and patient support services; and (3) negative pressure wound therapy (“NPWT”).  The company, based in Indianapolis, Indiana plants to sell 7.5 million shares at range between $19 and $21.

Bioventus Inc., BVS

• A global medical device company focused on developing and commercializing clinically differentiated, cost-efficient, and minimally invasive treatments that engage and enhance the body’s natural healing process. Its core products are arranged around three categories:1) OA (osteoarthritis) joint pain treatment and joint preservation and injectable treatments; 2) bone graft substitutes, and 3) A minimally invasive fracture treatment that uses pulsed ultrasound. The Durham, North Carolina-based company plans to sell 7.4 million shares at a range between $16 and $18.

Bumble Inc., BMBL

• The online and mobile dating app company, based in Austin, Texas, attempts to overturn antiquated gender norms by letting women make the first move. Over 40 million users go to Bumble, and its sibling dating app Badoo, each month. The company plans to issue 45 million shares at a range between $37 and $39.

Signify Health, Inc., SGFY

• The Norwalk, Connecticut-based healthcare platform leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. Customers include health plans, governments, employers, health systems and physician groups. The company plans to issue 23.5 million shares at a range between $20 and $21.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing. The company is still required to file with the SEC, but when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 
Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

The post Stash’s February 2021 IPO Calendar appeared first on Stash Learn.

*Stash is not endorsing any of the IPOs mentioned below. Stash does not offer the ability to participate in IPOs and encourages you to research any company yourself prior to investing. This calendar is for informational purposes only and is not a recommendation of any security. Stash is under no obligation to offer any investment listed on its platform. Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

Wednesday, December 16, 2020

ContextLogic, Inc. (Wish), WISH

• The ecommerce platform, based in San Francisco, California, operates a mobile shopping site called Wish, which connects 500,000 merchants to 100 million customers around the world each month. ContextLogic issued 46 million shares at $24 each.

Upstart Holdings, Inc., UPST

• Located in San Mateo, California, the lending platform uses artificial intelligence to determine creditworthiness. Upstart Holdings issued 12 million shares priced at $20 a share. 

BioAtla, Inc., BCAB 

• The biopharmaceutical company, based in San Diego, California, develops therapeutics from antibodies to treat solid cancer tumors. The company sold 10.5 million shares priced at $18 per share. 

Upcoming IPOs

Wednesday, January 13, 2021

Affirm Holdings, Inc., AFRM (proposed)

• This San Francisco, California-based commerce platform focuses on the mobile checkout experience, providing customers with fixed-rate, short-term financing options to pay for purchases over time. Affirm expects to sell 24.6 million shares at a range between $41 to $44 per share. 

Thursday, January 14, 2021

Petco Health and Wellness Company, Inc., WOOF (proposed)

• The pet care products company has offered goods and services to pet owners for more than 50 years. The San Diego, California retailer plans to issue 48 million shares at a range of $14 to $17 per share.

Poshmark, Inc., POSH (proposed)

• Redwood City, California is home to Poshmark, an online marketplace that allows customers to sell their clothing, accessories, footwear, and other products. Poshmark hopes to sell 6.6 million shares at a price between $35 and $39 per share.

Friday, January 15, 2021

Driven Brands Holdings, Inc., DRVN (proposed)

• One of the largest automotive services providers in North America, Driven Brands is located in Charlotte, North Carolina. The company offers services such as paint, collision, glass, vehicle repair, oil change, car wash, and more. Driven plans to issue 38 million shares priced between $17 and $20 per share.

Platytika, Ltd. PLTK (proposed)

• The mobile game creator, based in Israel, makes live game experiences, including casino games, poker, and solitaire. Additionally, it provides curated in-game content and customer offers on its proprietary technology platform. Playtika plans to sell 70 million shares at a price range between $22 and $24.

Week of January 18, 2021

Roblox Corporation, RBLX (proposed)

• The 3D software company lets creators develop interactive digital worlds and simulations. Located in San Mateo, California, Roblox plans to go public through a direct listing.

Information about IPOs

Companies begin trading on a public stock exchange through a process called an initial public offering (IPO). 

A company might go public to raise money to expand the company, to build new locations, or hire more people. Going public can allow the company to raise a lot of money quickly. 

When a company decides to go public, it’ll work with an investment bank such as Goldman Sachs or J.P. Morgan in a process called underwriting. The bank will make sure all of the proper documents are prepared and find people who want to invest in the company through initial shares or IPO shares. Before the company goes public, it must file with the Securities and Exchange Commission (SEC), which is a federal agency in charge of regulating the company and keeping the company informed on those regulations and rules. Once the company goes public with SEC approval, it has to issue quarterly financial statements on the health of the company so that investors can stay informed. 

Although it’s a less common approach to going public, a company can also choose to take its stock public through a direct listing.The company is still required to file with the SEC, but  when a company lists shares directly, it doesn’t use a bank to go public. Instead, early investors in the company choose to sell their shares to the public. A direct listing allows the stock exchange to dictate the price of shares. By contrast, with a traditional IPO, the bank that underwrites the IPO will set an initial share price. 

Good to know: Companies usually have a lock-up period following an IPO. A  lockup period is when company insiders, such as employees granted stock options or executives who own shares, sign an agreement that prohibits them from selling shares for a specified period of time, often a period of six months. When lockup periods expire, insiders or other early investors may want to sell their stock in order to make a profit from their shares. When these insiders start to sell their shares, sometimes that can cause a company’s stock price to fall. Companies that go public through a direct listing typically do not have lock up periods.

Following an IPO, stock exchanges such as the New York Stock Exchange (NYSE) or the Nasdaq will list the stock so that investors can purchase shares of the newly listed stock. If you’re an investor, it’s important to know when companies are going public and the price at which they’re expected to trade if you’re interested in investing in those new companies. 
Following an IPO, the price of the newly issued stock can move significantly, so it’s especially important to remember the Stash Way.

The post Stash’s January 2021 IPO Calendar appeared first on Stash Learn.