There have been quite a few appealing Initial Public Offerings (IPOs) available on the market so far this year. Here are some upcoming IPOs that investors should be watching out for.
1. Waterdrop
Waterdrop WDH is an online insurance company that plans to address the issue of high medical fees and healthcare costs. On Friday, Waterdrop, a Chinese health insurance delivery and crowd-funding website, released terms for its IPO. Waterdrop is poised to offer 30,000,000 shares of stock on the New York Stock Exchange at a target price of $10.00 - $12.00 on the week of May 3rd.
2. Valneva
Valneva VALN is a biotechnology company based in Saint-Herblain, France. Valneva is a specialist vaccine corporation specializing in the manufacture and commercialization of infectious disease vaccines. Valneva intends to offer 3,541,381 shares of stock at a target price of $28.24 on the week of May 3rd.
3. The Honest Company
The Honest Company HNST is a natural baby and beauty company. They operate over 80 brands, which includes everything from lipstick to skincare to hair care. The Honest Company intends to offer 25,807,000 shares at a target price between $14.00 - $17.00 on the week of May 3rd.
4.Onion Global
Onion Global OG is a Chinese company that runs a cross-border e-commerce website for luxury brands. They filed with the Securities and Exchange Commission on Wednesday to raise up to $100 million in an initial public offering. Onion Global Is poised to offer 12,500,000 shares of stock at a target price of $7.25 - $9.25 on the week of May 3rd.
5. Five Star Bancorp
Five Star Bancorp FSBC is a bank holding company. They anticipate net proceeds of approximately $89.9 million, or approximately $103.9 million, from this Ipo. Five Star Bancorp is poised to offer 5,265,000 shares of stock at a target price of $18.00 - $20.00 on the Nasdaq.
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