Initial public offerings scheduled to debut next week
NEW YORK (AP) — The following is a list of initial public offerings planned for the coming week. Sources include IPO ETF manager Renaissance Capital, and SEC filings.
Coupang - Seoul, South Korea, 120 million shares, priced $27-$30, managed by Goldman Sachs/Allen & Company. Proposed NYSE CPNG. Business: Korea e-commerce site.
First High-School Education Group - Kunming, China, 7.5 million shares, priced $9.50-$10.50, managed by The Benchmark Company/AMTD Global Markets. Proposed NYSE symbol FHS. Business: Operates private high schools and provides tutoring services in China.
Hayward Holdings - Berkeley Heights, N.J., 40.3 million shares, priced $17-$19, managed by BofA Securities/Goldman Sachs. Proposed NYSE HAYW. Business: Supplier of pool equipment and systems.
JOANN - Hudson, Ohio, 10.9 million shares, priced $15-$17, managed by BofA Securities/Credit Suisse. Business: Multi-channel fabric and crafts retailer with about 860 stores.
Jowell Global - Shanghai, China, 3.7 million shares, priced at $7, managed by Network 1 Financial Securities. Proposed Nasdaq symbol JWEL. Business: Operates an e-commerce platform for cosmetics and health products in China.
Universe Pharmaceuticals - Jiangxi, China, 5 million shares, priced $5-$7, managed by Univest Securities. Proposed Nasdaq symbol UPC. Business: Chinese pharmaceutical specializing in traditional Chinese medicine derivatives.