5 US IPOs planned for the week of Feb 11

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The following IPOs are expected to price this week :

AutoGenomics ( AGMX ), which provides a molecular diagnostics system for genetic testing in clinical laboratories, plans to raise $60 million by offering 6.0 million shares at a price range of $9.00 to $11.00. At the midpoint of the proposed range, AutoGenomics would command a market value of $188 million. AutoGenomics, which was founded in 1999, booked $17 million in sales over the last 12 months. The Vista, CA-based company plans to list on the NASDAQ under the symbol AGMX. Leerink Swann is the sole bookrunner on the deal.

Cancer Genetics ( CGIX ), which offers personalized genomic tests to improve the diagnosis and treatment of cancer, plans to raise $35 million by offering 5.0 million shares at a price range of $6.00 to $8.00. At the midpoint of the proposed range, Cancer Genetics would command a market value of $65 million. Cancer Genetics, which was founded in 1999, booked $4 million in sales over the last 12 months. The Rutherford, NJ-based company plans to list on the NASDAQ under the symbol CGIX. Aegis Capital Corp. and Feltl and Company are the joint bookrunners on the deal.

ConnectOne Bancorp ( CNOB ), a community bank primarily serving northeastern New Jersey, plans to raise $44 million by offering 1.6 million shares at a price range of $26.00 to $29.00. At the midpoint of the proposed range, ConnectOne Bancorp would command a market value of $131 million. ConnectOne Bancorp, which was founded in 2005, booked $33 million in sales over the last 12 months. The Englewood Cliffs, NJ-based company plans to list on the NASDAQ under the symbol CNOB. Stifel Nicolaus Weisel, Keefe Bruyette Woods and Sandler O'Neill are the joint bookrunners on the deal.

Orchid Island Capital ( ORC ), a Bimini Capital-managed REIT focused on investing in agency RMBS, plans to raise $35 million by offering 2.4 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Orchid Island Capital would command a market value of $50 million. Orchid Island Capital, which was founded in 2010, booked $3 million in sales over the last 12 months. The Vero Beach, FL-based company plans to list on the NYSE under the symbol ORC. Ladenburg Thalmann & Co., Oppenheimer & Co. and Mitsubishi UFJ Securities are the joint bookrunners on the deal.

Xoom ( XOOM ), an online and mobile money transfer company, plans to raise $81 million by offering 5.8 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, Xoom would command a market value of $498 million. Xoom, which was founded in 2001, booked $80 million in sales over the last 12 months. The San Francisco, CA-based company plans to list on the NASDAQ under the symbol XOOM. Barclays and Needham & Co. are the joint bookrunners on the deal.

Renaissance Capital will have Pre-IPO Research available on each of these upcoming IPOs prior to its pricing.

Last week, there were 5 IPO pricings . ExOne (XONE), a provider of 3D printing machines and printed products to industrial customers, was the week's winner, ending up 67% from its IPO price.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks: AGMX , CGIX , CNOB , ORC , XOOM

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