Novan, a late-stage biotech developing nitric oxide based therapies for dermatologic indications, filed on Wednesday with the SEC to raise up to $60 million in an initial public offering.
The Durham, NC-based company was founded in 2006 and plans to list on the Nasdaq under the symbol [NOVN]. Piper Jaffray is the sole bookrunner on the deal. No pricing terms were disclosed....more
Saban Capital Acquisition, a blank check company formed to acquire media, entertainment and communications assets, announced terms for its IPO on Tuesday.
The Los Angeles, CA-based company plans to raise $200 million by offering 20 million shares at a price of $10. At the the proposed range, Saban Capital Acquisition would command a fully diluted market value of $250 million. The company's chairman will be Haim Saban, who founded and led Saban Entertainment from its 1988 inception, through its merger with Fox Kids Network, to its eventual ...more
The Trade Desk, which provides ad agencies with a real-time bidding platform for multi-channel online ads, filed on Monday with the SEC to raise up to $86 million in an initial public offering.
The Ventura, CA-based company was founded in 2009 and booked $149 million in sales for the 12 months ended June 30, 2016. It plans to list on the Nasdaq under the symbol [TTD]. Citi, Jefferies, RBC Capital Markets, Needham & Co. and Raymond James are the joint bookrunners on the deal. No pricing terms were disclosed....more
Bowie Resource Partners LP, a private equity-backed MLP with three underground coal mines in Utah, withdrew its plans for an initial public offering on Monday, citing market conditions. Its first and only public filing was in June 2015, with a proposed deal size of $100 million.
Another coal-focused MLP, Foresight Energy LP ([FELP]), went public in June 2014 and currently trades about 80% below its offer price.
The Louisville, KY-based company was formed in 2015 and had planned to list on the NYSE under the symbol [BRLP]. Citi, Morgan...more