10 IPOs are delayed due to market sell-off and volatility:
- Cathay Industrial Biotech Ltd.
- Enduro Royalty Trust
- HomeStreet Inc.
- InvenSense Inc.
- Loyalty Alliance Enterprise Corp.
- Tim we. SGPS S.A.
- WageWorks Inc.
- WhiteGlove Health Inc.
- Midland States Bancorp
- Trustwave
Wed 8/10/11 market stats:
Dow Jones 10,719.94 -519.83 (-4.62%)
S&P 500 1,120.76 -51.77 (-4.42%)
Nasdaq 2,381.05 -101.47 (-4.09%)
Update : 8/11/11: Carbonite said in a regulatory filing that it now expects shares to be priced at between $10 and $11. Last month, the company said it hoped to raise as much as $106 million in an IPO by selling shares in the company at $15 to $17 a share
The following were scheduled the week of 8 Aug 2011
- InvenSense, which makes motion processing chips for companies such as Nintendo, plans to offer 10.5 million shares at $8.50 to $10.50 per share for a $99.75 million offering
- Carbonite: The online backup company plans to price 6.25 million shares at $15 to $17 each for a $100 million deal.
- Trustwave Holdings, an online security compliance company, plans to price 6.25 million shares at $15 to $17 per share.
- Cathay Industrial Biotech, a Shanghai-based industrial biotechnology producer, plans to price 6.9 million ADRs at $12 to $14 per share for a $89.7 million offering.
- Enduro Royalty Trust plans to price13.2 million shares at $24 to $26 per share for a $330 million offering.
- HomeStreet, plans to offer 7.8 million shares at $22 to $24 per share.
- Loyalty Enterprise, a China-based provider of direct marketing and customer loyalty programs for mobile carriers such as China Unicom and China Telecom, plans to offer 5.03 million ADRs at $14 to $16 per share.
- SandRidge Permian Trust, an oil exploration and production company, plans to offer 31.5 million shares at $19 to $21 per share for a $630 million offering.
- Timwe, a Lisbon, Portugal-based mobile monetization company, plans to offer 11.25 million shares at $12 to $14 each.
- Postponed from last week: Midland States Bancorp, an Effingham, IL-based bank holding company, plans to offer 5 million shares at $15 to $17 per share for a $80 million offering.
- Postponed from last week: WageWorks, San Mateo, Calif.-based provider of employee health and commuter spending benefits programs, plans to offer 5.77 million shares at $8 to $9 per share, after cutting its expected from from $12 to $14 per share, for a $49 million offering at the middle of the range.
- Postponed from last week: WhiteGlove Health, a low-cost primary and chronic care provider, plans to offer 2.5 million shares at $9 to $13 per share for a $27.5 million offering.
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