IFR US ECM Calendar
Pricings
Monday
Kodiak Gas Services (US, oilfield services) – $344m Block. 10m shares (Secondary) at $34.40 versus $34.40-$35.32 marketing and $35.32 last sale. GS. EQT is the selling shareholder. Priced pre-market open Monday.
Calendar
September 8: Wix.com (Israel, web development) – $750m 5y cvt marketed at 0% fixed, up 30%-35%. MS, JPM. Concurrent share repurchase of between $50m-$75m. Capped call.
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. Books close 9/8 at 4:00pm.
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.
September 16: StubHub (US, ticket exchange) – $851.1m IPO. 34m shares (Primary) at $22-$25. JPM, GS. NYSE “STUB”. 5% DSP.
September 17: Netskope (US, cybersecurity software) ─ $812.6m IPO. 47.8m shares (Primary) at $15-$17. MS, JPM, BMO, TDC, CITZ, MIZU, WF, DB. Nasdaq “NTSK”.