IFR US ECM CALENDAR
August 12: Bullish (Cayman Islands, crypto exchange) ─ $990m IPO. 30m shares (Primary) at $32.00-$33.00. JPM, JEFF, CITI. NYSE “BLSH”. $200m of upfront demand from Ark Investment Management and BlackRock. Refiled from 20.3m shares at $28-$31 on 8/4.
August 12: CareTrust REIT (US, healthcare REIT) ─ $506.9m ABB. 15.5m shares (Primary) marketed at $31.70-$32.70 versus $32.99 last sale. JPM, BOFA, RBC.
August 12: Compass Therapeutics (US, biotech) ─ $100m ABB. Fixed size (Primary) marketed at $3.00 fixed price versus $3.17 last sale. JEFF, PS, GUGG. Wall cross. Includes pre-funded warrants.
August 12: Denison Mines (Canada, uranium mining) ─ $250m 6y cvt marketed at 4.25%-4.75%, up 30%-35%. CANT, SCOT. Wall cross. Capped call.
August 12: Hilton Grand Vacations (US, hotels) ─ $305.6m Block. 7m shares (Secondary) marketed at $43.15-$43.65 versus $44.97 last sale. WF. Apollo is the selling shareholder. Company is buying back up to $40m of shares sold in the offering.
August 12: Ondas (US, aerospace & defense) ─ $100m ABB. Fixed size (Primary) versus $4.29 last sale. OPCO. Wall cross.
August 12: ProFrac (US, oilfield services) ─ $75m ABB. Fixed size (Primary) marketed at $4.00-$4.50 versus $6.32 last sale. JPM, PS. Up to $20m of upfront demand from Dan Wilks and Farris Wilks.
August 12: SPX Technologies (US, HVAC equipment) ─ $500m FO. Fixed size (Primary) versus $200.51 at launch. BOFA, JPM, WF, TDC, TRST.
August 13: Centrus Energy (US, nuclear power) ─ $650m 7y cvt marketed at 0% fixed, up 17.5%-22.5%. BOFA, JPM, EVER.
August 13: Miami International (US, electronic trading) ─ $315m IPO. 15m shares (Primary) at $19-$21. JPM, MS, PS. NYSE “MIAX”. Wellington Management has indicated for $40m of the offering.
August 14: Circle Internet (US, stablecoin) ─ $1.63bn FO. 10m shares (Primary, Secondary) versus $163.21 at launch. JPM, CITI, GS.