IPOs this week : June 1 - 5, 20 (wk 22)
IPOs expected to price
- Warner Music Group (WMG) set to price its offering on June 2. The former Warner Bros. property set a range of $23 to $26 for 70M Class A shares, with an implied valuation of $13.3B at the top end. Warner's stable of musicians includes Ed Sheeran and Bruno Mars.
- Pliant Therapeutics (PLRX) coming to the market with 6M shares in an expected range of $14 to $16.
IPO quiet period expirations
- GAN (NASDAQ:GAN) on June 1
- Ayala Pharma (NASDAQ:AYLA) on June 2
IPO lockup expirations
- LMP Automotive (NASDAQ:LMPX) on June 2.
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