The 31-member class of 2017 IPOs is about to kick off
April inductions with the addition of five new members.
5 IPOs On Deck
Here are the latest pledges:
Hess Midstream Partners (HESM) will issue 12.5 million shares on the New York Stock Exchange
between $19 and $21 Wednesday. With offices in more than a dozen countries and headquarters in New York City, the energy company
specializes in deepwater drilling as well as onshore shale oil, natural gas and natural gas liquids operations.
Elevate Credit (ELVT) will issue 7.7 million shares on the New York Stock
Exchange between $12 and $14 Thursday. The credit lender serves non-prime consumers in the United States and United Kingdom with
financial options not necessarily available through traditional banks and mainstream lenders.
Schneider National (SNDR) will issue more than 28.9 million shares on the New York
Stock Exchange between $18 and $20 Thursday. The 82-year-old trucking company is headquartered in Green Bay, Wisconsin, and offers
services across the United States and its neighboring countries.
Azul (AZUL) will issue 24 million shares on the New York Stock Exchange between
$18.02 and $21.81 Friday. The Brazilian airline, headed by JetBlue Airways Corporation (NASDAQ: JBLU) founder David Neeleman, intends to raise as much as $423.4 million between
domestic and international shares. This is the company’s third attempt to go public.
Okta (OKTA) will issue 11 million shares on the Nasdaq between $13 and $15 Friday. The
eight-year-old tech corporation serves businesses with cloud platforms and hopes to become the fourth “tech unicorn” —
or startup valued above $1 billion — to go public this year. Snap Inc (NYSE: SNAP), Mulesoft Inc (NYSE: MULE) and Presidio Inc (NASDAQ: PSDO) preceded it with March debuts, and all but Snap now trade above their opening
value.
Related Links:
Meet 2017's First Big Tech
IPO
The Basics Of
IPOs: Some Things You Should Know
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