Market Overview

Dropbox Preps For Friday IPO Alongside Education, Biotech Firms

Dropbox Preps For Friday IPO Alongside Education, Biotech Firms
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Just three companies will make their public debuts this week. Here's what you need to know.

Dropbox, Inc. (DBX) will issue 36 million shares between $16 and $18 (Update: On March 21, Dropbox raised the range to $18-$20) Friday on the Nasdaq. With customers including News Corp (NASDAQ: NWSA), Hyatt Hotels Corporation (NYSE: H), Under Armour Inc (NYSE: UAA) and Expedia Inc (NASDAQ: EXPE), Dropbox provides synchronized content storage across devices.

PolyPid Ltd (POLY) will issue more than 3.33 million shares between $21 and $24 Friday on the Nasdaq. Headquartered in Israel, the clinical-stage pharmaceutical company develops, manufactures and commercializes infection treatments using its Polymer-Lipid Encapsulation matriX technology.

Sunlands Online Education Group (STG) will issue 13 million shares between $11.50 and $13.50 Friday on the New York Stock Exchange. The Beijing-based company facilitates online courses for professional qualifications.

Related Links:

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Posted-In: Dropbox PolyPid Sunlands Online Education GroupNews Previews IPOs Trading Ideas Best of Benzinga


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