Benzinga | Jul 14, 2021 11:21AM EDT

IPO Previews For The Week

With the start of a new week comes the excitement surrounding a new set of companies looking to make an impact through their public offerings. According to Benzinga Pro, these enticing companies are scheduled to trade publicly this week.

* Bridge Investment Group Holdings Inc. (NYSE:BRDG) will be trading publicly starting on 2021-07-16. The company's price band is set between $15.0 and $17.0 with an insider lock-up period of 180 days. Bridge Investment Group Holdings Inc. will be offering 18,750,000 shares at a per-share value of $16.0.

* Blend Labs, Inc (NYSE:BLND) will be trading publicly starting on 2021-07-16. The company's price band is set between $16.0 and $18.0 with an insider lock-up period of 180 days. Blend Labs, Inc will be offering 20,000,000 shares at a per-share value of $17.0.

* STEVANATO GROUP S.P.A. (NYSE:STVN) will be trading publicly starting on 2021-07-16. The company's price band is set between $21.0 and $24.0 with an insider lock-up period of 180 days. STEVANATO GROUP S.P.A. will be offering 40,000,000 shares at a per-share value of $22.5.

* F45 Training Holdings Inc (NYSE:FXLV) becomes publicly listed starting on 2021-07-15. The company has a price range set between $15.0 and $17.0 with a 180-day lockup period. F45 Training Holdings Inc will be offering 18,750,000 shares at a per-share value of $16.0.

* SERA PROGNOSTICS, INC. (NASDAQ:SERA) will be trading publicly starting on 2021-07-15. The company's price band is set between $15.0 and $17.0 with an insider lock-up period of 180 days. SERA PROGNOSTICS, INC. will be offering 4,688,000 shares at a per-share value of $16.04.

* PHILLIPS EDISON & COMPANY, INC. (NASDAQ:PECO) will be trading publicly starting on 2021-07-15. The company's price band is set between $28.0 and $31.0 with an insider lock-up period of 180 days. PHILLIPS EDISON & COMPANY, INC. will be offering 17,000,000 shares at a per-share value of $29.5.

* SIGHT SCIENCES, INC (NASDAQ:SGHT) will be trading publicly starting on 2021-07-15. The company's price band is set between $20.0 and $23.0 with an insider lock-up period of 180 days. SIGHT SCIENCES, INC will be offering 6,980,000 shares at a per-share value of $21.5.

* Membership Collective Group Inc. (NYSE:MCG) becomes publicly listed starting on 2021-07-15. The company has a price range set between $14.0 and $16.0 with a 180-day lockup period. Membership Collective Group Inc. will be offering 30,000,000 shares at a per-share value of $15.0.

Evaluating IPOs

Initial public offerings, or IPOs, are the transitional processes of private companies deciding to go public and offer shares to investors on exchanges. IPOs typically offer companies the ability to build capital by distributing shares across the market. A company interested in becoming publicly tradeable must first meet SEC requirements and work with investment banks through audits to determine pricing, offering date, and other important data points before the offering.

Companies and investment banks will work to establish a price range that the stock is expected to sell between. This is known as an offering range. Once a company goes public, its stock comes with an opening price. The insider lock-up period is usually a set number of days after an IPO where company insiders, or employees with a 10% or higher stake in their company, cannot sell shares.