Last Update: 04-Jun-18 09:47 ET
The Week Ahead for the IPO Market (YQ)
As expected, the IPO market has been very quiet, which is the norm for this time of year due to the Memorial Day holiday weekend. But, activity is set to pick up again this week with a pair of new deals expected to launch. Neither are high-profile deals, per se, but each could see solid interest, for different reasons: One is a market leading streaming platform provider in Asia with triple digit topline growth; the other is a gene therapy company -- an area that has performed well in the past for the IPO market (FIXX, RGNX, EDIT, BLUE, ONCE, etc).Monday, June 4:
Tuesday, June 5:
Wednesday, June 6:
Thursday, June 7:
- M17 Entertainment (YQ): The operator of the largest live streaming platform in Developed Asia is expected to price its 7.5 million share IPO within a range of 10-$12.
Friday, June 8:
- MeiraGTx (MGTX): The clinical stage gene therapy company with four ongoing clinical trials is expected to price its 5.0 million share IPO within a range of $14-$16.
As expected, the IPO market has been very quiet, which is the norm for this time of year due to the Memorial Day holiday weekend. But, activity is