Share this article

print logo

IPOs / Week of March 22

The following is a list of initial public offerings planned for the coming week. Sources include SEC filings and Renaissance Capital, Greenwich, Conn. (www.renaissancecapital.com).

Alma Maritime Ltd.

Athens, Greece, 11.25 million shares, priced $19 to $21, managed by BofA Merrill Lynch, and UBS. Proposed NYSE symbol AAM. Business: Recently formed shipping company planning to acquire a fleet of oil tankers and drybulk carriers.

Calix Networks Inc.

Petaluma, Calif., 6.3 million shares, priced $11 to $13, managed by Goldman Sachs, Morgan Stanley, and Jefferies. Proposed NYSE symbol CALX. Business: Provides hardware and software products focused on access networks.

China Lodging Group Ltd.

Shanghai, China, 9 million American depositary shares, each representing 4 ordinary shares, priced $10 to $12, managed by Goldman Sachs and Morgan Stanley. Proposed Nasdaq symbol HTHT. Business: Leading economy hotel chain in China with three products (HanTing Express, Seasons and Hi Inn).

The Film Department Holdings Inc.

West Hollywood, Calif., 4.6 million shares, priced at $13 each, managed by IPO Solutions. Proposed Nasdaq symbol TFDI. Business: Independent motion picture finance and production company.

First Interstate BancSystem Inc.

Billings, Mont., 8.7 million shares, priced $14 to $16, managed by Barclays Capital. Proposed Nasdaq symbol FIBK. Business: Operates a financial and bank holding company in Montana, Wyoming and South Dakota.

MaxLinear Inc.

Carlsbad, Calif., 5.4 million shares, priced $11 to $13, managed by Morgan Stanley and Deutsche Bank. Proposed NYSE symbol MXL. Business: Fabless provider of chips used for broadband video in electronic devices.

Redgate Media Group

Beijing China, 5.5 million American depositary shares each representing 2 common shares, priced $6 to $8, managed by Brean Murray, Carret & Co. and I-Bankers Securities. Proposed Nasdaq symbol RGM. Business: Cross-media advertiser targeting higher income demographics in China.

There are no comments - be the first to comment