IPO Traffic: Week Ending April 17, 2015

Lead Manager/ # of Price Range Dollar SCOOP
New Filings (Proposed Symbol) Joint-Lead Managers Shares Low High Volume Ratings
Galapagos NV  (GLPG/GLPYY) Morgan Stanley/ Credit Suisse/ Cowen $100.00 N/C
LightBeam Electric (LEC) BMO Capital Markets/ Macquarie Capital/ RBC Capital Markets $100.00 n.a.
Shopify (SHOP) Morgan Stanley/ Credit Suisse/ RBC Capital Markets $100.00 n.a.
N/C = No call shares are listed on Euronext Brussels and Euronext Amsterdam under the symbol “GLPG” and on OTC under the symbol: “GLPYY.”)
n.a. (not available)
Postponed
None
Withdrawn
Clarus Therapeutics (CLRS) Citigroup/ Credit Suisse $86.25 n.a.
ViewRay (VRAY) Cowen and Company/ Stifel 4.00 $12.00 $14.00 $52.00 1-Star
New Terms
Aduro Biotech  (ADRO) BofA Merrill Lynch/ Leerink Partners 7.00 $17.00 $17.00 $119.00 3-Stars
Apigee  (APIC) Morgan Stanley/ J.P. Morgan/ Credit Suisse 5.12 $16.00 $18.00 $86.96 3-Srars
Fortress Transportation and Infrastructure Investors Ltd.  (FTAI) Citigroup/ BofA Merrill Lynch/ Barclays/ Deutsche Bank Securities/ UBS Investment Bank $100.00 n.a.
National Storage Affiliates Trust  (NSA) Jefferies/ Morgan Stanley/ Wells Fargo Securities 20.00 $15.00 $17.00 $320.00 1-Star
IPOs Priced Lead Shares Amount Offer Close %
Week of April 13, 2015 Manager(s) Offered Raised Price 4/17/15 Change
Aduro Biotech  (ADRO) BofA Merrill Lynch/ Leerink Partners 7.00 $119.00 $17.00 $40.00 135.29%
Etsy (ETSY) Goldman Sachs 16.67 $266.67 $16.00 $27.58 72.38%
Xbiotech (XBIT) WR Hambrecht + Co 4.00 $76.00 $19.00 $26.18 37.79%
Party City Holdco (PRTY) Goldman Sachs/ BofA Merrill Lynch 21.88 $371.88 $17.00 $21.57 26.88%
Virtu Financial (VIRT) Goldman Sachs/ J.P. Morgan/ Sandler O’Neill + Partners, L.P. 16.53 $314.11 $19.00 $23.00 21.05%
KemPharm   (KMPH) Cowen and Company/ RBC Capital Markets 5.09 $56.00 $11.00 $11.10 0.91%
Cidara Therapeutics  (CDTX) Jefferies/ Leerink Partners 4.80 $76.80 $16.00 $15.44 -3.50%