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4 IPOs planned for the week of Jul 12
Analyst IPO Blog
IPOs are expected to price this week
Oxford Resource Partners, L.P. (
), which produces steam coal in Northern Appalachia and the Illinois Basin, plans to raise $166 million by offering 8,750,000 at a price range of $18.00 to $20.00. At the mid-point of the proposed range, Oxford Resource Partners, L.P. will command a market value of $398.63 million. Oxford Resource Partners, L.P., which was founded in 1985, booked $357 million in sales over the last 12 months. The Coshocton, OH-based company plans to list on the NYSE under the symbol OXF. Barclays Capital, Citi are the lead underwriters on the deal.
Qlik Technologies (
), which provides easy-to-use business intelligence software to 14,000 enterprises, plans to raise $101 million by offering 11,200,000 at a price range of $8.50 to $9.50. At the mid-point of the proposed range, Qlik Technologies will command a market value of $769.99 million. Qlik Technologies, which was founded in 1993, booked $157 million in sales over the last 12 months. The Radnor, PA-based company plans to list on the NASDAQ under the symbol QLIK. Morgan Stanley, Citi, and J.P. Morgan are the lead underwriters on the deal.
), which licenses 3D visual display technologies for motion pictures, plans to raise $151 million by offering 10,750,000 at a price range of $13.00 to $15.00. At the mid-point of the proposed range, RealD will command a market value of $787.76 million. RealD, which was founded in 2003, booked $150 million in sales over the last 12 months. The Beverly Hills, CA-based company plans to list on the NYSE under the symbol RLD. J.P. Morgan, Piper Jaffray are the lead underwriters on the deal.
SMART Technologies (
), a global leader in interactive whiteboards for the education and commercial market, plans to raise $600 million by offering 35,300,000 at a price range of $16.00 to $18.00. At the mid-point of the proposed range, SMART Technologies will command a market value of $2,104.14 million. SMART Technologies, which was founded in 1987, booked $648 million in sales over the last 12 months. The Calgary, Alberta ,Canada-based company plans to list on the NASDAQ under the symbol SMT. Morgan Stanley, Deutsche Bank Securities, and RBC Capital Markets are the lead underwriters on the deal.
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