The IPO Buzz: Rackspace and Rocket Ready for Take-off

Rackspace Technology, the cloud tech company, and Rocket Companies, the online mortgage broker, are two marquee names on the IPO Calendar this week. Billionaire Ron Burkle’s SPAC, Yucaipa Acquisition, adds its star power to the mix. Nine companies plan to go public this week. Bankers expect to raise $5.4 billion. Rocket’s IPO is a $3.2 billion deal – or about 59.3 percent of the week’s est..

Read more August 3, 2020

IPO Calendar

Company Symbol proposed Lead Managers Shares (Millions) Price Low Price High Est. $ Volume Expected to Trade SCOOP Rating Rating Change
Presidio Property Trust SQFT Kingswood Capital Markets (a division of Benchmark Investments) 2.0 5.00 5.00 $ 10.0 mil 8/10/2020 Week of S/O S/O
Kubient (stock) KBNT Maxim Group/ Joseph Gunnar 1.6 5.00 7.00 $ 9.5 mil 8/11/2020 Tuesday S/O S/O
Kubient (warrants) KBNTW Maxim Group/ Joseph Gunnar 0.0 0.00 0.00 $ 9.5 mil 8/11/2020 Tuesday S/O S/O
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Last 100 IPOs - August 7, 2020

Number of IPOs priced : 100
Number Up: 63
Number Down: 37
Number Unchanged: 0
Percentage Change From Issue Price: 48.24%
Percentage Change for The Nasdaq Composite 23.33%

2020 IPO Scorecard - August 7, 2020

Number of IPOs priced (Excluding 61 units) : 100
Number Up: 63
Number Down: 37
Number Unchanged: 0
Total Return From Issue Price: 47.01%
The Nasdaq Composite Index YTD % Change 24.17%