Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views
Now:
Last Hour:
Last 24 Hours:
Total:

IPO Roundup: Cloud-monitoring company Datadog chases $7 billion valuation this week

% of readers think this story is Fact. Add your two cents.


Five companies are expected to make their public debuts this week.

Pricing Tuesday night

Envista Holdings Corp (NYSE:NVST), a dental supply company being spun off from Danaher Corporation (NYSE:DHR), is seeking $602 million by offering 26.8 million shares at between $21 and $24 per share. The Brea, California-based company generated $2.8 million in total sales in 2018, and its operating companies serve more than 1 million dentists in 150 countries. 

IGM Biosciences Inc (NASDAQ:IGMS), an immuno-oncology company based in Mountain View, California, plans to raise $125 million offering 7.8 million shares at between $15 and $17 per share. The company is working to engineer antibodies to treat cancer patients. IGM hopes to begin a Phase 1 trial for the treatment of Non-Hodgkin’s lymphoma in 2019.

Pricing Wednesday night

Datadog Inc (NASDAQ:DDOG), a New York-based monitoring and analytics platform, expects to raise $492 million by offering 42 million at shares between $19 and $22 each. Such an IPO would give the company a $7 billion valuation, according to broker Renaissance Capital. Datadog’s Software-as-a-Service platform allows companies to manage their cloud operations and business teams while tracking business and performance metrics.

Ping Identity Holding Corp (NYSE:PING), an enterprise security platform provider based in Denver, hopes to raise $188 million offering 12.5 million shares at between $14 and $16 each. Ping’s platform is built to search for anomalies and insert additional security measures such as multi-factor authentication when necessary. As of June 30, the company claims to secure more than two billion identities globally across its customer base. 

Exagen Inc (NASDAQ:XGN), a producer of blood tests for autoimmune diseases, plans to offer 3.3 million shares at between $14 and $16 each to raise $50 million. The Vista, California company is commercializing products under its AVISE brand, which utilizes proprietary technology to help rheumatologists diagnose, prognose and monitor diseases such as systemic lupus erythematosus.

Contact Andrew Kessel at [email protected] 

Follow him on Twitter @andrew_kessel

Story by ProactiveInvestors



Source: https://www.proactiveinvestors.com/companies/news/902793/ipo-roundup-cloud-monitoring-company-datadog-chases-7-billion-valuation-this-week-902793.html

Support BeforeitsNews by trying our natural health products! Join our affiliate program
Order by Phone at 888-809-8385 or online at www.mitocopper.com


Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

APeX - Far superior to colloidal silver!  Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!
Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!  
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)


FINAL WARNING!   Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!   APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  

APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.

Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.