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IPO Round-up: Adult Fun Centers, Online Security, and Cancer Treatments

The IPO market is poised to have its biggest weak since late July.

Rafael Chamorro via Flickr

…So How Much Does he Really Stand to Make?

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Eight U.S. companies are expected to raise more than $1 billion when they go public this week, making it the biggest week for the IPO market since July, the Wall Street Journal reports.

Plastic goods manufacturer Berry Plastics Group (BERY) is projected to have the largest IPO this week as it hopes raise $500 million. The company has booked $4.8 billion in sales during the past 12 months, and has an estimated market value of $2 billion.

Dave & Buster's (PLAY)--a chain of corporate restaurants that provide games and entertainment targeted at adults--plans to raise, offering 7.7. million shares at a price range of $12 to $14. Its in good company: Bloomin' Brands (BLMN)--the holding company behind Outback Steakhouse that debuted in early August--has climbed 50% since going public, while Mexcian restaurant chain Chuy's Holdings (CHUY) has increased 89% since its July IPO, according to the Journal.

Here are some of the other companies that will trading floors this week:

  • Fleetmatics Group (FLTX), a Dublin-based management software company, plans to raise $125 million by offering 7.8 million shares priced between $15 and $17.
  • Louisville, Colorado-based Globelmunne (GBIM) develops drugs to treat pancreatic cancer and hepatitis B and C. This week, it will be offering 5 million shares at a price range of $11 to $13 in order to raise $60 million.
  • LifeLock (LOCK) provides online identify theft protection and will be go public this week at a $981 million market value. The Tempe, Arizona-based company will be offering 15.7 million shares at price range of $9.50 to $11.50 and raise $165 million.
Last updated: Oct 1, 2012

JOHN MCDERMOTT | Staff Writer

John McDermott is a business and culture reporter whose work has appeared in the Chicago Tribune and Playboy and on AOL.com. He recently moved from Chicago to Brooklyn, New York, to work for Inc.com.




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