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By: John E. Fitzgibbon, Jr.

Just because the IPO market is in the doldrums with only a handful of deals getting out the door in May, this could be the quiet before the storm. The pipeline is loaded with well over a dozen “hot issues” that are on everybody’s “most wanted” list.

By: John E. Fitzgibbon, Jr.

The Sino-Global Shipping America (NASDAQ: SINO) IPO popped for an opening-day gain of 80.4 percent when it started trading last week, and closed Friday with a jump of 135.6 percent from its initial offering price. The deal was not on anybody’s new-issues calendar. There was a reason. It was a “best efforts” offering.

 

By: John E. Fitzgibbon, Jr.

Should you pass by the IPO Cemetery this week, you might notice some things rustling among the tombstones in the midnight mist. It’s the SPACs, or “blank check” companies, which many had written off, buried and left for dead. A couple have started coming to life and are surfacing on the IPO calendar.

 

By: John E. Fitzgibbon, Jr.

While Washington has been working overtime to bail out Wall Street from its binge on mortgage debt, some people in the IPO market have come up with a novel way to play “cover your Fannie.” In this case, a new real estate investment trust, or REIT, plans to go public this week and use the proceeds to invest in mortgage securities backed by Fannie Mae, the largest U.S. buyer of home loans, or its slightly smaller rival, Freddie Mac, or their lower profile “cousin,” Ginnie Mae.

By: John E. Fitzgibbon, Jr.

Watching the U.S. Securities and Exchange Commission filing window can be interesting. Since late March, 19 companies have filed plans to go public, five have priced their IPOs and five have withdrawn their deals. Those numbers signal a positive climate. And during that time, Goldman Sachs Group (NYSE: GS) has come up with a pair of firsts for itself.