to show SFUN... it is mentioned here.
Initial Public Offerings Priced This Week
Friday November 11, 4:56 pm ET
NEW YORK (AP) -- The following is a list of initial public offerings that priced or were postponed during the week of Nov. 7-11.
Boardwalk Pipeline Partners L.P. (NYSE: BWP), which stores and transports natural gas, priced 15 million units at $19.50 each on Nov. 9. The Owensboro, Ky., company had origially filed with a price in the $19 to $21 range, later cut to $18.50 to $21.50. Citigroup and Lehman Brothers managed the deal. The units closed at $18.95 the first day, and ended the week at $19.01, off 49 cents from the offering price.
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Clear Channel Outdoor Holdings Inc. (NYSE: CCO), a San Antonio-based provider of out-of-home advertising displays such as billboards and transit, priced 35 million shares at $18 per share on Nov. 11. Filing had been in the $20 to $22 range. Goldman Sachs & Co. was the lead manager. The stock closed the first day and the week at $18.55, up 55 cents from the offering price.
Cold Spring Capital Inc. (AMEX: CDS.U), a blank check company based in New Canaan, Conn., that intends to acquire financial and real estate assets, priced 20 million units at $6 on Nov. 11. Each unit contains one share of common stock and two warrants to purchase a common share at $5. Deutsche Bank Securities managed the deal. The units closed the first day and week at $5.90, off 10 cents from the offering price.
CombinatoRx Inc. (Nasdaq: CRXX), a Boston-based biopharmaceutical company focused on developing new medicines from synergistic combinations of approved drugs, priced 6 million shares at $7 on Nov. 9. The price was at the low end of the $7 to $9 filing range, which had been lowered from an initial range of $10 to $12. The deal was managed by S.G. Cowen & Co., and Pacific Growth Equities, LLC. The stock closed at $7.85 the first day, and ended the week at $7.50, up 50 cents from the offering price.
IHS Inc. (NYSE: IHS), an Englewood, Colo., provider of critical technical information, decision-support tools and related services to the energy, defense, and other industries, priced 14.5 million shares at $16 on Nov. 11, near the high end of its filing range of $14.50 to $16.50. Managers were Goldman Sachs & Co. and Citigroup. The stock closed the first day and the week at $17.10, up $1.10 or 7 percent from the offering price.
iRobot Corp. (Nasdaq: IRBT), a Burlington, Mass. based designer of robots for military and commercial use, including the Roomba vacuum, priced 4.3 million shares at $24 per share on Nov. 9, one dollar above the high end of the filing range of $21 to $23. Morgan Stanley and JPMorgan Securities were the lead managers. The stock closed at $26.70 the first day, up 11.25 percent, and ended the week at $36.51, up $12.51 or 52.1 percent from the offering price.
Saifun Semiconductors Ltd. (Nasdaq: SFUN), an Israeli designer of nitride-read-only memory technology, priced 5 million ordinary shares at $23.50 per share on Nov. 9, one dollar above the high end of the $20.50 to $22.50 filing range. Lehman Brothers and Deutsche Bank Securities were the lead managers. The shares closed the first day at $35.30, a 50.2 percent premium, and ended the week at $32.89, up $9.39 or 40 percent from the offering price.
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