US IPO Weekly Recap: Shake Shack and Spark spike over 100% in a week with 10 IPOs

Ten IPOs raised $1.2 billion in a week dominated by eight health care IPOs and distinguished by two deals that gained over 100% on the first day - fast casual burger chain Shake Shack and gene therapy biotech Spark Therapeutics. There were more health care IPOs this past week than any week in 2014, a year that had over 100 from the sector. With 14 IPOs to date, January 2015 fell short of last year's 17 deals, but remained higher than the 10-year historical average of 9 during the first month. On next week's

Company Name/Ticker	Underwriter	Price Range Shares
Advanced Accelerator Applications AAAP	Citi Jefferies & Co.	$13.00 - $15.00 5.4 mil
AltheaDx IDGX	Citi Jefferies & Co.	$12.00 - $14.00 4.6 mil
Asante Solutions PUMP	Leerink Partners Cowen & Company	$13.00 - $15.00 3.5 mil
Avenue Financial Holdings AVNU	Keefe Bruyette Woods Sandler O'Neill	$11.00 - $13.00 2.5 mil
Carbylan Therapeutics CBYL	Leerink Partners JMP Securities	$12.00 - $14.00 5.8 mil
Check-Cap* CHEK	Chardan Capital Markets Maxim Group LLC	$10.00 - $12.00 1.2 mil
Columbia Pipeline Partners LP CPPL	Barclays Citi	$19.00 - $21.00 40.0 mil
Easterly Government Properties DEA	Citi Raymond James	$14.00 - $16.00 12.0 mil
EyeGate Pharmaceuticals* EYEG	Aegis Capital Corp. Chardan Capital Markets	$6.00 - $8.00 1.4 mil
Infraredx REDX	RBC Capital Markets Canaccord Genuity	$13.00 - $15.00 4.0 mil
Inotek Pharmaceuticals ITEK	Cowen & Company Piper Jaffray	$13.00 - $15.00 4.6 mil
Inovalon Holdings INOV	Goldman Sachs Morgan Stanley	$21.00 - $24.00 22.2 mil
Nexvet Biopharma NVET	BofA Merrill Lynch Cowen & Company	$13.00 - $16.00 4.0 mil
Sol-Wind Renewable Power LP SLWD	UBS Investment Bank Citi	$19.00 - $21.00 8.7 mil

Notes:
EyeGate Pharmaceuticals - *Revised terms on 11/20/14. Previously planned to offer 1.9mm shares at $12-$14.
Check-Cap - *Offering units that consist of one ordinary share and one half of a warrant to purchase one share.


Source:Renaissance Capital - manager of IPO-focused ETFs.

keyword: ipo new 

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