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ProPetro Holding (PUMP) Plans to Raise $350 Million in March 17th IPO

ProPetro Holding (PUMP) plans to raise $350 million in an IPO on Friday, March 17th. The company will issue 20,000,000 shares at $16.00-$19.00 per share. In the last 12 months, ProPetro Holding generated $436.9 million in revenue and had a net loss of $53.1 million. ProPetro Holding has a market cap of $1.4 billion. Goldman Sachs, Barclays, Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Evercore ISI, RBC Capital Markets, Simmons & Company (Energy Specialists of Piper Jaffray), Raymond James, Deutsche Bank Securities,... 
 

Snap (SNAP) to Raise $3 Billion in IPO

Snap (SNAP) expects to raise $3 billion in an IPO on Thursday, March 2nd. The company will issue 200,000,000 shares at a price of $14.00-$16.00 per share. In the last year, Snap generated $404.5 million in revenue and had a net loss of $514.6 million. The company has a market cap of $17.4 billion. Morgan Stanley, Goldman Sachs, J. P. Morgan and Deutsche Bank Securities acted as the underwriters for the IPO and Barclays, Credit Suisse and Allen & Company were co-managers. Snap provided the following description of their company for its IPO:... 
 
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