IPOs are expected to price this week
), which designs and supplies personal computer gaming hardware
components, plans to raise $78 million by offering 6.0 million
shares at a price range of $12.00 to $14.00. At the midpoint of
the proposed range, Corsair Components would command a market
value of $272 million. Corsair Components, which was founded in
1994, booked $480 million in sales over the last 12 months. The
Fremont, CA-based company plans to list on the NASDAQ under the
symbol CRSR. Stifel Nicolaus Weisel and RBC Capital Markets are
the joint bookrunners on the deal.
), which sells handheld laser devices to consumers for at-home
hair removal, plans to raise $64 million by offering 4.6 million
shares at a price range of $13.00 to $15.00. At the midpoint of
the proposed range, Tria Beauty would command a market value of
$296 million. Tria Beauty, which was founded in 2003, booked $50
million in sales over the last 12 months. The Dublin, CA-based
company plans to list on the NASDAQ under the symbol TRIA. Morgan
Stanley, Piper Jaffray and Wells Fargo Securities are the joint
bookrunners on the deal.
Renaissance Capital will have
available on each of these upcoming IPOs prior to its pricing.
Last week, there was one
. Facebook (
), which operates the world's leading social networking platform,
ended up 1% from its IPO price.