Equities

IFR US ECM Calendar

 |  Robert Sherwood

September 9: Klarna (UK, fintech) ─ $1.27bn IPO. 34.3m shares (Primary, Secondary) at $35-$37. GS, JPM, MS. NYSE “KLAR”. Secondary sellers led by Heartland AS, Silver Lake and Mubadala Capital.  

September 10: Figure Technology Solutions (US, fintech) ─ $526.2m IPO. 26.3m shares (Primary, Secondary) at $18.00-$20.00. GS, JEFF, BOFA. Nasdaq “FIGR”. Stanley Druckenmiller’s family office has indicated for $50m of the offering. 5% DSP.  Filed under “FT Intermediate”. 

September 11: Black Rock Coffee Bar (US, retailer) ─ $264.7m IPO. 14.7m shares (Primary, Secondary) at $16-$18. JPM, JEFF, MS, BAIRD. Nasdaq “BRCB”. Wellington Management has indicated for $30m of the offering. 5% DSP. 

September 11: Gemini Space Station (US, crypto exchange) ─ $316.7m IPO. 16.7m shares (Primary) at $17-$19. GS, CITI, MS, CANT. Nasdaq “GEMI”. 10% DSP. 

September 11: Legence (US, industrial) ─ $754m IPO. 26m shares (Primary) at $25-$29. GS, JEFF. Nasdaq “LGN”. 5% DSP. Blackstone Group is providing secondary shares for the greenshoe. 

September 11: Via Transportation (US, transportation software) ─ $471.4m IPO. 10.7m shares (Primary, Secondary) at $40-$44. GS, MS, ALLN, WF. NYSE "VIA" Wellington Management has indicated for $100m of the offering. 5% DSP. 

Topics
Equity Capital Initial Public Offerings (IPO) Americas North America United States Marketed Follow-Ons Structured Equity US Dollar ABBs and Block Trades
Issuers
Klarna Group PLC (KLAR.N) Figure Technology Solutions Inc Black Rock Coffee Bar LLC Gemini Space Station LLC