IFR US ECM Calendar
December 4: Capricor Therapeutics (US, biotech) ─ $100m ABB. Fixed size (Primary) marketed at $25.00 fixed versus $25.40 last sale. PS, OPCO. Wall cross.
December 4: Fastly (US, cloud software) ─ $125m 5y cvt marketed at 0%-0.5%, up 30%-35%. JPM, EVER, FCZN. Capped call. Concurrently repurchasing a portion of $188.5m 0% CB due March 2026.
December 4: Protara Therapeutics (US, biotech) ─ $75m ABB. Fixed size (Primary) marketed at $5.75-$6.25 versus $6.87 last sale. JPM, TDC, PS. Wall cross.
December 4: SoFi Technologies (US, fintech) ─ $1.5bn Block. Fixed size (Primary) marketed at $27.50-$28.50 versus $29.60 last sale. GS, CITI, MIZU, BOFA, DB.
December 4: Symbotic (US, robotics) ─ $732.2m FO. 10m shares (Primary, Secondary) versus $73.22 at launch. GS, CITI, TDC. Softbank is the selling shareholder.
December 9: Cardinal Infrastructure Group (US, engineering & construction) ─ $253m IPO. 11.5m shares (Primary) at $20-$22. STFL, WBLR. Nasdaq "CDNL".
December 10: Lumexa Imaging (US, diagnostic imaging) ─ $500m IPO. 25m shares (Primary) at $17-$20. BARC, JPM, JEFF. Nasdaq “LMRI”
December 11: Wealthfront (US, fintech) ─ $484.6m IPO. 34.6m shares (Primary, Secondary) at $12-$14. GS, JPM. Nasdaq "WLTH". BlackRock and Wellington Management have indicated for $150m combined of the offering.