4 IPO’s to look For Today
These IPO launches include a Technology, Logistics, Pharmaceuticals and a Manufacturer. However all of these companies do have some potential for growth and should be kept on your radar if you are interested in getting in on an early deal.
Acushnet Holdings (NYSE:GOLF) is a manufacturing company that expects to offer their stock at around $21.00 to $24.00 and raise $435 million as a result. They manufacture golf equipment for major golf brands including “Titleist”, “Footjoy” and “Pinnacle”.
They have been in operation since 1910 and have been making the utmost quality golf gear for their customers ever since.
They expect to raise the capital for selling shareholders.
Ra Pharmaceuticals (NASDAQ:RARX) is a Biotechnology company that expects to offer their stock for around $12.00 to $14.00 and expect to raise $75 million. They are a clinical-stage pharmaceutical company that specializes on developing ‘novel therapeutics for the treatment of serious diseases’.
The management team is seasoned and effective; many members possess a high level of education as well as prior experience working in a similar role. The company was established in 2008 and has earned consistent growth since.
They expect to raise capital to conduct Clinical trials. Clinical trials are essential for a pharmaceutical company. This will allow them to make considerable profits later on.
ZTO Express (NYSE:ZTO) is a delivery company that happens to be the second largest in china by volume. They expect to raise $1.261 billion from selling their shares in a range of $18.50 to $16.50 and do so easily. This company is delivering the largest IPO of 2016 and will definitely impact the markets over the next 6 weeks.
The company was founded in 2002 and is already well established. It is already turning out consistent profits and has made significant amounts of growth.
They expect to raise capital for Expansion capex to take them into new markets.It is no doubt that their management team will be able to execute the strategies needed to complete their growth objectives.
Quantenna communications (NASDAQ:QTNA) is a communications company that manufactures high performance technology components for HIgh Speed Wi-Fi networks. They expect to offer stocks for $16.00 to $14.00 and raise $100 million.
The management team is comprised of seasoned professionals who have many years of experience in their industry. They focus not just on operations but also have a team that is extensively focused on quality giving them amazing rapport in business.
They expect to raise Working capital for their operations. This may be an indication of liquidity problems but the company is stable overall.