IPO Outlook For The Week: Brazilian Financials, Fintech And Social Media Management

For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud. The IPO dates below are expected but not confirmed.

XP Inc. XP will issue more than 72.5 million shares between $22 and $25 Wednesday on the Nasdaq. The offering represents about 20.9% of outstanding shares and is expected to raise about $2.084 billion. The Brazilian financial company was founded in 2001 and has come to operate wealth management, insurance brokerage, digital investment and media arms.

Bill.com Holdings, Inc. BILL will issue more than 8.8 million shares between $16 and $18 Thursday on the New York Stock Exchange. The offering represents about 12.7% of outstanding shares and is expected to raise about $182.6 million. Bill.com uses cloud-based software to automate payments for business customers including Burger King, Quicken and TED.

OneConnect Financial Technology Co., Ltd. OCFT will issue 36 million shares between $12 and $14 Friday on the New York Stock Exchange. The offering represents 100% of outstanding shares and is expected to raise about $579.6 million. The Chinese company equips financial institutions with cloud technology, artificial intelligence, big data analysis and blockchain solutions.

Healthcare Merger Corp. HCCOU will issue 20 million shares at $10 Friday on the Nasdaq. The offering represents about 78.1% of outstanding shares and is expected to raise about $230 million. The blank-check company will target health care players at the direction of Magellan Health Inc MGLN, CareCentrix, and Quartet Health chairman Steven Shulman.

Sprout Social, Inc. SPT will issue more than 8.8 million shares between $16 and $18 Friday on the Nasdaq. The offering represents about 23.2% of outstanding shares and is expected to raise about $182.6 million. The social-media management platform provides analytical, strategic and marketing tools for clients ranging from Ticketmaster to Subaru.

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