July's IPO Calendar Is Loaded as 11 New Stocks Debut This Week

IPO Calendar

The July 2014 IPO calendar is loaded again this week as 11 companies plan to hold initial public offerings. That's a major shift from last week when no companies went public, a rare down week for the 2014 IPO market.

IPO calendarThrough the first two weeks of July, 148 companies have held IPOs. According to the IPO investment research firm Renaissance Capital, that's an increase of nearly 61% from 2013. It's also the highest total of any year since 2000, the height of the dot-com era.

The healthcare industry is at the forefront of the IPO market again this week as six healthcare companies go public. In 2014, nearly 36% of all companies going public have been from the healthcare sector. The second busiest industry has been technology with 25% of the market.

Here are the 11 companies going public this week, and the information behind each IPO...

IPO Calendar 2014: This Week's 11 IPOs

Terraform Power Inc. (Nasdaq: TERP) owns and operates contracted clean-power generation assets. Notably, the company is a spinoff of Sunedison Inc. (NYSE: SUNE). Through its initial public offering, TERP plans to raise $401 million by offering 20.1 million shares at a $19 to $21 range. Last year, TERP reported revenue of $26 million, and the company is expected to have a market value of approximately $2 billion following the IPO. TERP will make its public debut on the Nasdaq on Friday, July 18.

Trupanion Inc. (NYSE: TRUP) provides its customers with medical insurance coverage for their cats and dogs. TRUP plans to raise $100 million by selling 7.1 million shares at a range $13 to $15 per share. TRUP is expected to have a market value of approximately $429 million after the initial public offering. In the last year, TRUP has reported $92 million in revenue. TRUP shares are expected to begin trading on the New York Stock Exchange on Friday, July 18.

Those aren't the only stocks hitting the market this week. Check out the other nine...

Globant S.A. (NYSE: GLOB) is an Argentinian IT firm that works in the mobile, cloud, and Big Data areas. GLOB plans to raise $76 million by selling 6.3 million shares at an $11 to $13 range. In the last year, GLOB has reported $167 million in revenue. GLOB shares will begin trading on the NYSE on Friday, July 18, and the company is expected to have a valuation of $400 million.

TubeMogul Inc. (Nasdaq: TUBE) provides its customers with an ad buying platform for digital video. TUBE plans to raise $75 million through its IPO by offering 6.3 million shares for between $11 and $13. TUBE is projected to have a valuation of roughly $394 million following the IPO. In the last 12 months, TUBE has reported revenue of $70 million. TubeMogul shares will begin trading on the Nasdaq on Friday, July 18.

Roka Bioscience (Nasdaq: ROKA) develops equipment for the testing of food safety. ROKA is looking to raise $75 million in its IPO by offering 5 million shares at a range of $14 to $16. In the last year, ROKA had revenue of $3 million. Following the initial public offering, ROKA is expected to have a valuation of $272 million. No official date has been set for the Roka Bioscience IPO, but according to Renaissance Capital, the deal will take place sometime this week.

CareDX Inc. (Nasdaq: CDNA) plans to raise $50 million by offering 3.1 million shares at a $15 to $17 range. CDNA shares will make their public debut on the Nasdaq on Friday, July 18.

Sage Therapeutics Inc. (Nasdaq: SAGE) plans to raise $60 million by offering 4 million shares at a $14 to $16 range. SAGE will begin trading on Friday, July 18.

Pfenex Inc. (NYSE: PFNX) plans to raise $65 million by offering 5 million shares at a range of $14 to $16. PFNX will make its public debut on Friday, July 18.

Microlin Bio Inc. (Nasdaq: MCLB) plans to raise $28 million by offering 5.5 million shares at a range of $4.50 to $5.50. MCLB will hold its IPO on Wednesday, July 16.

Medical Transcription Billing Corp. (Nasdaq: MTBC) plans to raise $30 million by offering 3 million shares at a $9 to $11 range. MTBC will make its public debut on Tuesday, July 15.

iRadimed (Nasdaq: IRMD) plans to raise $10 million by offering 1.8 million shares at a range of $5 to $6 per share. No date has been set for the IRMD IPO, but it is expected to take place sometime this week.

Do you plan on investing in any of this week's 11 IPOs? Join the conversation on Twitter @moneymorning using #IPOs.

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