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Sunday, April 28, 2019

IPO Outlook For The Week: Plant-Based Meat, Plastic Surgery, Organ Transplants

Beyond Meat, Inc. (BYND) will issue 8.75 million shares between $19 and $21 Thursday on the Nasdaq. The offering represents 15.2 percent of outstanding shares and is expected to bring in about $211.31 million. The California-based food company manufactures plant-based “meat” sold in more than 33,000 retail stores and restaurants globally.
So-Young International Inc. (SY) will issue 13 million shares between $11.80 and $13.80 Thursday on the Nasdaq. The offering represents 100 percent of outstanding shares and is expected to bring in about $206.31 million. Launched in 2013, the online platform serves as a marketplace for plastic surgery services in China.
Transmedics Group, Inc. (TMDX) will issue 4.7 million shares between $15 and $17 Thursday on the Nasdaq. The offering represents 24.4 percent of outstanding shares and is expected to bring in about $91.89 million. Based in Massachusetts, the medtech company sells proprietary technology to store and transport organs for transplant.
Trevi Therapeutics, Inc. (TRVI) will issue nearly 4.7 million shares between $14 and $16 Thursday on the Nasdaq. The offering represents 30.2 percent of outstanding shares and is expected to bring in about $85.87 million. The Connecticut biotech company targets neurological disorders with its nalbuphine ER.

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