10 Firms Will Steer 6 IPOs Raising $724M To Start February
Law360 (February 1, 2019, 7:15 PM EST) -- Ten firms are scheduled to steer six initial public offerings estimated to raise $724 million for biotechnology firms and blank-check companies during the first week of February, hoping to seize a brief market window following the reopening of the U.S. government.
The issuers represent the year's first wave of IPO activity, which stalled in January because the partial government shutdown rendered the U.S. Securities and Exchange Commission unable to vet filings. Since the federal government has reopened, several companies that had already publicly filed IPOs and were near ready to conclude deals have resumed their plans.
Asthma drug developer Gossamer Bio...
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