US IPOs and Secondary Offerings, IPO Boutique

IPO Boutique

For more than 20 years, we have been providing research, analysis, commentary and ratings on US Equity Capital Markets to institutional investors (US IPOs and Secondary Offerings). Our vast network of contacts across the Equity Capital Markets and attention-to-detail sets us apart from our competitors.

Since 2012, we have achieved a successful hit rating on 89% of Buy-rated IPOs. The collective “Buy” ratings averaged a first trade of 16.3% above issue.Our Neutral Rated Deals averaged just 2% above the issue price at first trade.

Our written research includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

In addition, we provide a high-touch premium desk access which includes analyst access, as well as real time insights on US IPOs as well as secondary offerings.

US IPOs and Secondary Offerings

Netskope, Inc. (NTSK): Cybersecurity Firm Sets Terms for IPO Seeking $800m Raise; $6.5b Valuation

Netskope, Inc. (NTSK): Peeking at the IPO Propsectus of the Next Cybersecurity Firm

Netskope, Inc. (NTSK): Cybersecurity Leader Draws Eyes with Robust Recurring Revenue

Netskope IPO (NTSK.US): Very Attractive Valuation For a Company That Grows 30%+ Per Year

IPOs and Secondary Offerings

Equity Capital Markets

<ul>
<li>The company priced 47.8 million shares at $19.00, the high end of its upwardly revised $17–$19 range, before opening at $23.00 for a 21.0% premium to issue.</li>
<li>The offering was classified as multiple-times oversubscribed --our sources saying north of 20-times oversubscribed-- with strong participation from long-only funds and 1-on-1 conversions.</li>
<li>Over the next month, the real test will be whether the stock avoids the all-too-common “sell the news” trend that’s hit many recent IPOs.</li>
</ul>


The company priced 47.8 million shares at $19.00, the high end of its upwardly revised $17–$19 range, before opening at $23.00 for a 21.0% premium to issue.
The offering was classified as multiple-times oversubscribed --our sources saying north of 20-times oversubscribed-- with strong participation from long-only funds and 1-on-1 conversions.
Over the next month, the real test will be whether the stock avoids the all-too-common “sell the news” trend that’s hit many recent IPOs.


Netskope, Inc. (NTSK): Cybersecurity Leader Pops 21% on IPO After Pricing with Strength