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Get ready for an IPO bonanza. These 16 companies are set to go public in the next 9 days.

May 2, 2019, 15:31 IST

The Chief Executive Officer (CEO) of ride-hailing company Uber, Dara Khosrowshahi, on stage during an event in New York City, New York.Reuters/Carlo Allegri/File Photo

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  • The red-hot initial-public-offering market continues, with 16 companies set to go public by May 10.
  • These companies include mega-"unicorn" Uber, thought to be the largest IPO of the year.
  • IPOs have performed well this year - with the exception of Lyft.

Get ready for an initial public offering bonanza.

The next 9 days are set to be some of the most active in the history of the IPO markets, according to data compiled by IHS Markit.

Next week alone, nearly $10 billion in equity capital is set to be issued - the majority of which is related to Uber's IPO. Since 2001, there have only been six weeks with greater IPO activity by capital amount.

The ride-hailing giant Uber is expected raise about $8.5 billion after lowering its valuation in a bid to avoid the disastrous share performance of rival Lyft. Should Uber issue the full $8.5 billion, it will have raised more than triple the IPO capital of Lyft.

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Several international companies are also planning to access the IPO market, including Canadian pharma company Milestone and Chinese technology companies Yunji and So-Young.

These 16 companies are set to IPO over the next 9 days:

Beyond Meat

Date: May 1

Ticker: BYND

Headquarters: El Segundo, California

Industry: Plant-based meat products

File range: $23 to $25

Amount to be raised: $231 million

Source: IHS Markit

TransMedics Group

Date: May 1

Ticker: TMDX

Industry: Organ maintenance technology

Headquarters: Andover, Massachusetts

File range: $15 to $17

Amount to be raised: $75 million

Source: IHS Markit

Trevi Therapeutics

Date: May 1

Ticker: TRVI

Industry: Pharmaceuticals for neurological conditions

Headquarters: New Haven, Connecticut

File range: $14 to $16

Amount to be raised: $70 million

Source: IHS Markit

So-Young International

Date: May 1

Ticker: SY

Headquarters: Beijing, China

Industry: Chinese e-marketplace for cosmetic surgery

File range: $11.80 to $13.80

Amount to be raised: $166 million

Source: IHS Markit

Yunji

Date: May 2

Ticker: YJ

Headquarters: Hangzhou, China

Industry: Social e-commerce services

File range: $11 to $13

Amount to be raised: $162 million

Source: IHS Markit

SciPlay

Date: May 2

Ticker: SCPL

Headquarters: Las Vegas, Nevada

Industry: Social-media gaming company

File range: $14 to $16

Amount to be raised: $330 million

Source: IHS Markit

Red River Bancshares

Date: May 2

Ticker: RRBI

Headquarters: Alexandria, Virginia

Industry: Financials

File range: $42 to $46

Amount to be raised: $26 million

Source: IHS Markit

Milestone Pharmaceuticals

Date: May 6

Ticker: MIST

Headquarters: Montreal, Canada

Industry: Pharmaceuticals

File range: $14 to $16

Amount to be raised: $75 million

Source: IHS Markit

Parsons Technology

Date: May 7

Ticker: PSN

Headquarters: Centerville, Virginia

Industry: Sales services technology

File range: $26 to $28

Amount to be raised: $500 million

Source: IHS Markit

HeadHunter Group

Date: May 8

Ticker: HHR

Headquarters: Nicosia, Cypress

Industry: Russia-focused recruitment services

File range: $11 to $13.50

Amount to be raised: $200 million

Source: IHS Markit

NextCure

Date: May 8

Ticker: NXTC

Headquarters: Beltsville, Maryland

Industry: Cancer treatments

File range: $14 to $16

Amount to be raised: $75 million

Source: IHS Markit

Applied Therapeutics

Date: May 8

Ticker: APLT

Headquarters: New York, New York

Industry: Biopharmaceutical company

File range: $14 to $16

Amount to be raised: $60 million

Source: IHS Markit

Mayville Engineering

Date: May 8

Ticker: MEC

Headquarters: Mayville, Wisconsin

Industry: Basic Materials

File range: $19 to $21

Amount to be raised: $125 million

Source: IHS Markit

South Plains Financial

Date: May 8

Ticker: SPFI

Headquarters: Lubbock, Texas

Industry: Financials

File range: $17.50 to $19.50

Amount to be raised: $63 million

Source: IHS Markit

Cortexyme

Date: May 8

Ticker: CRTX

Headquarters: San Francisco, California

Industry: Treatments for Alzheimer's

File range: $16 to $18

Amount to be raised: $75 million

Source: IHS Markit

Uber Technologies

Date: May 9

Ticker: UBER

Headquarters: San Francisco, California

Industry: Ride-hailing company

File range: $44 to $50

Amount to be raised: $8.5 billion

Source: IHS Markit

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