5 US IPOs planned for the week of Dec 10

The following IPOs are expected to price this week:

Audeo Oncology (AURX), which is developing a combination therapy in Phase 3 trial for metastatic colorectal cancer, plans to raise $49 million by offering 3.3 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Audeo Oncology would command a market value of $163 million. Audeo Oncology, which was founded in 2006, booked $0 million in sales over the last 12 months. The San Francisco, CA-based company plans to list on the NASDAQ under the symbol AURX. Leerink Swann and Oppenheimer & Co. are the joint bookrunners on the deal.

CIS Acquisition (CISAU), a blank check company focused on acquiring businesses in Russia and Eastern Europe, plans to raise $50 million by offering 5.0 million shares at $10.00. CIS Acquisition will command a market value of $64 million. CIS Acquisition was founded in 2011. The Moscow, Russia-based company plans to list on the NASDAQ under the symbol CISAU. Chardan Capital Markets is the lead bookrunner on the deal.

PBF Energy (PBF), the 5th largest US independent refiner, backed by Blackstone and First Reserve, plans to raise $429 million by offering 16.5 million shares at a price range of $25.00 to $27.00. At the midpoint of the proposed range, PBF Energy would command a market value of $2.5 billion. PBF Energy, which was founded in 2008, booked $20.0 billion in sales over the last 12 months. The Parsippany, NJ-based company plans to list on the NYSE under the symbol PBF. Citi, Morgan Stanley, Credit Suisse and Deutsche Bank are the joint bookrunners on the deal.

Silver Bay Realty Trust (SBY), a newly organized REIT formed to acquire single-family properties in the US, plans to raise $252 million by offering 13.3 million shares at a price range of $18.00 to $20.00. At the midpoint of the proposed range, Silver Bay Realty Trust would command a market value of $710 million. Silver Bay Realty Trust was founded in 2012. The Minnetonka, MN-based company plans to list on the NYSE under the symbol SBY. Credit Suisse, BofA Merrill Lynch and J.P. Morgan are the joint bookrunners on the deal.

SolarCity (SCTY), which leases and installs solar energy systems for homes and businesses, plans to raise $141 million by offering 10.1 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, SolarCity would command a market value of $1.2 billion. SolarCity, which was founded in 2006, booked $124 million in sales over the last 12 months. The San Mateo, CA-based company plans to list on the NASDAQ under the symbol SCTY. Goldman Sachs, Credit Suisse and BofA Merrill Lynch are the joint bookrunners on the deal.

Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.

Last week, there was one IPO pricing. Western Gas Equity Partners LP (WGP), which holds GP and LP interests in midstream natural gas LP Western Gas Partners ended up 27% from its IPO price.