IPOs Priced in Last 12 Months
Company Name Offer Date Underwriter Price Range IPO Price Current Price Return
Grand Canyon Education (LOPE) 11/19/08 Credit Suisse $16.00 - $18.00 $12.00 $18.61 55.1%
Chardan 2008 China Acquis (CACAU) 08/11/08 Brean Murray $8.00 - $8.00 $8.00 $6.50 -18.8%
Rackspace Hosting (RAX) 08/07/08 Goldman Sachs $12.00 - $16.00 $12.50 $6.05 -51.6%
China Mass Media Advertis (CMM) 08/03/08 Merrill Lynch $5.20 - $7.20 $6.80 $2.19 -67.8%
China Distance Education (DL) 07/29/08 Citi $7.00 - $8.00 $7.00 $4.01 -42.7%
GT Solar International (SOLR) 07/23/08 Credit Suisse $15.50 - $17.50 $16.50 $4.00 -75.8%
North Asia Investment Cor (NHR-U) 07/23/08 Citi $10.00 - $10.00 $10.00 $8.50 -15.0%
Energy Recovery (ERII) 07/01/08 Citi $7.00 - $9.00 $8.50 $8.00 -5.9%
Navios Maritime Acquisiti (NNA-U) 06/25/08 J.P. Morgan $10.00 - $10.00 $10.00 $8.84 -11.6%
Britannia Bulk Holdings (BBLKF) 06/17/08 Goldman Sachs $17.00 - $19.00 $15.00 $0.01 -99.9%
RHI Entertainment (RHIE) 06/17/08 J.P. Morgan $16.00 - $18.00 $14.00 $8.95 -36.1%
Safe Bulkers (SB) 05/28/08 Merrill Lynch $20.00 - $22.00 $19.00 $8.07 -57.5%
American Capital Agency (AGNC) 05/14/08 Citi $20.00 - $20.00 $20.00 $21.10 5.5%
Verso Paper (VRS) 05/14/08 Credit Suisse $16.00 - $18.00 $12.00 $1.09 -90.9%
Western Gas Partners L.P. (WES) 05/08/08 UBS Investment $17.00 - $19.00 $16.50 $14.70 -10.9%
Colfax (CFX) 05/07/08 Merrill Lynch $15.00 - $17.00 $18.00 $10.55 -41.4%
Real Goods Solar (RSOL) 05/07/08 ThinkPanmure $10.00 - $12.00 $10.00 $3.67 -63.3%
Pioneer Southwest Energy (PSE) 04/30/08 Citi $19.00 - $21.00 $19.00 $14.00 -26.3%
Hatteras Financial (HTS) 04/24/08 Keefe Bruyette $24.00 - $26.00 $24.00 $27.15 13.1%
Whiting USA Trust I (WHX) 04/24/08 Raymond James $19.00 - $21.00 $20.00 $12.00 -40.0%
American Water Works (AWK) 04/22/08 Goldman Sachs $24.00 - $26.00 $21.50 $20.49 -4.7%
Intrepid Potash (IPI) 04/21/08 Goldman Sachs $24.00 - $26.00 $32.00 $21.69 -32.2%
CardioNet (BEAT) 03/18/08 Citi $22.00 - $24.00 $18.00 $24.57 36.5%
Visa (V) 03/18/08 J.P. Morgan $37.00 - $42.00 $44.00 $53.82 22.3%
Heritage-Crystal Clean (HCCI) 03/11/08 William Blair $10.50 - $12.50 $11.50 $13.00 13.0%
BPW Acquisition Corp. (BPW-U) 02/26/08 Citi $10.00 - $10.00 $10.00 $9.40 -6.0%
BioHeart (BHRT) 02/18/08 Merriman Curhan $6.00 - $8.00 $5.25 $1.05 -80.0%
GHL Acquisition Corp. (GHQ-U) 02/14/08 Banc of America $10.00 - $10.00 $10.00 $9.20 -8.0%
MAKO Surgical (MAKO) 02/14/08 J.P. Morgan $14.00 - $16.00 $10.00 $6.83 -31.7%
ArcSight (ARST) 02/13/08 Morgan Stanley $9.00 - $11.00 $9.00 $9.08 0.9%
Overture Acquisition (NLX-U) 01/30/08 J.P. Morgan $10.00 - $10.00 $10.00 $9.00 -10.0%
ATA Inc. (ATAI) 01/28/08 Merrill Lynch $9.50 - $11.50 $9.50 $5.04 -46.9%
Cascal (HOO) 01/28/08 J.P. Morgan $17.00 - $19.00 $12.00 $4.00 -66.7%
ReneSola (SOL) 01/28/08 Credit Suisse $15.45 - $15.45 $13.00 $5.15 -60.4%
Atlas Acquisition Holding (AXG-U) 01/24/08 Lazard $10.00 - $10.00 $10.00 $9.11 -8.9%
IPC (IPCM) 01/24/08 Credit Suisse $15.00 - $17.00 $16.00 $15.64 -2.3%
RiskMetrics Group (RMG) 01/24/08 Credit Suisse $17.00 - $19.00 $17.50 $14.36 -17.9%
Trian Acquisition I Corp. (TUX-U) 01/24/08 Deutsche Bank $10.00 - $10.00 $10.00 $9.30 -7.0%
Sapphire Industrials Corp (FYR-U) 01/18/08 Citi $10.00 - $10.00 $10.00 $9.26 -7.4%
Sports Properties Acquisi (HMR-U) 01/18/08 Banc of America $10.00 - $10.00 $10.00 $9.01 -9.9%
Williams Pipeline Partner (WMZ) 01/17/08 Lehman Brothers $19.00 - $21.00 $20.00 $15.82 -20.9%
Asia Special Situation Ac (CIO-U) 01/16/08 Maxim Group LLC $10.00 - $10.00 $10.00 $9.10 -9.0%
Polaris Acquisition (TKP-U) 01/14/08 Lazard $10.00 - $10.00 $10.00 $9.01 -9.9%