IPOs this week : June 3 - 7, 24 (wk 23)

• Waystar – Lehi, Utah, 45 million shares, priced at $20-$23, managed by JP Morgan Goldman. Proposed Nasdaq symbol WAY. Business: Provides cloud-based revenue management software for the healthcare industry.

• Novelis – Atlanta, Ga., 45 million shares, priced at $18-$21, managed by Morgan Stanley BofA. Proposed NYSE symbol NVL. Business: US-based aluminum roller and recycler owned by India’s Hindalco.   Update Jun 4, 2024:  Novelis has postponed its U.S. listing of over $900 million, citing market conditions.

• Gauzy – Tel Aviv, 4.2 million shares, priced at $17-$19, managed by Barclays TD Cowen. Proposed Nasdaq symbol GAUZ. Business: Israel-based manufacturer of smart glass films.