Investment Banking Transactions

	Date	Client	Type	Sub-Type	Amt.	Logo	Sector/Sub-Sector	Description	Tombstone Description	PSC Role
Published	08/12/2020	Adverum Biotechnologies, Inc.	Financing, Equity Capital Markets	Follow-On Offering	$216.8 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Adverum Biotechnologies, Inc. on a follow-on offering	Follow-On Offering	Active Bookrunner
Published	08/12/2020	Seres Therapeutics, Inc.	Financing, Equity Capital Markets	Follow-On Offering	$225.8 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Seres Therapeutics, Inc. on a follow-on offering	Follow-On Offering	Active Bookrunner
Published	08/11/2020	Overstock.com, Inc.	Financing, Equity Capital Markets	Follow-On Offering	$204.1 Million	Image	Technology, Internet & Digital Media	Piper Sandler served as co-manager for Overstock.com, Inc. on a follow-on offering	Follow-On Offering	Co-Manager
Published	08/10/2020	The Bancorp, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Senior Notes	$100.0 Million	Image	Financial Services, Depositories	Piper Sandler served as left bookrunner for The Bancorp, Inc. on an offering of $100.0 million of 4.75% fixed rate senior notes due 2025	Senior Notes	Lead Bookrunner
Published	08/10/2020	Level One Bancorp, Inc.	Equity Capital Markets, Financing	Preferred Stock	$25.0 Million	Image	Financial Services, Depositories	Piper Sandler served as sole underwriter for Level One Bancorp, Inc. on an offering of non-cumulative perpetual preferred stock	Preferred Stock	Sole Underwriter
Published	08/07/2020	IBEX Limited	Financing, Equity Capital Markets	IPO	$90.5 Million	Image	Technology, Software	Piper Sandler served as bookrunner for IBEX Holdings Limited on its initial public offering	Initial Public Offering	Active Bookrunner
Published	08/06/2020	Mabrey Bancorporation, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Debt	$28.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for Mabrey Bancorporation, Inc. on a private placement of $28.0 million of 5.50% fixed-to-floating rate subordinated notes due in 2030	Subordinated Debt	Lead Placement Agent
Published	08/06/2020	Horizon Therapeutics Public Limited Company	Financing, Equity Capital Markets	Follow-On Offering	$963.5 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Horizon Therapeutics on a follow-on offering	Follow-On Offering	Passive Bookrunner
Published	08/05/2020	Avalara, Inc.	Financing, Equity Capital Markets	Follow-On Offering	$575.0 Million	Image	Technology, Software	Piper Sandler served as co-manager for Avalara, Inc. on a follow-on offering	Follow-On Offering	Co-Manager
Published	08/03/2020	Titan Medical Inc.	Mergers & Acquisitions	Buy-Side		Image	Healthcare, Med-Tech	Piper Sandler served as financial advisor for Titan Medical on a technology development and licensing agreement with Medtronic	Development and Licensing Agreement	Financial Advisor
Published	08/01/2020	Envestnet	Financing, Debt Capital Markets - Depositories, Real Estate & Financial Services	Convertible Offering	$450.0 Million	Image	Financial Services, Asset & Wealth Management	Piper Sandler served as co-manager for Envestnet on a senior convertible notes offering	Senior Convertible Notes	Co-Manager
Published	08/01/2020	e-Telequote Insurance	Financing, Piper Sandler Finance	Senior Term Loan	$200.0 Million	Image	Healthcare, Healthcare Services	Piper Sandler Finance served as sole underwriter and administrative agent for e-Telequote Insurance on a senior secured term loan, delayed draw term loan and incremental delayed draw term loan	Senior Secured Term Loan Delayed Draw Term Loan & Incremental DDTL	Sole Underwriter
Published	07/31/2020	Happy Bancshares, Inc.	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Debt	$140.0 Million	Image	Financial Services, Depositories	Piper Sandler served as co-placement agent for Happy Bancshares, Inc. on a private placement of subordinated notes	Subordinated Debt	Joint Placement Agent
Published	07/31/2020	RailPros, Inc.	Mergers & Acquisitions	Sell-Side	$205.0 Million	Image Image Image	Services & Industrials	Piper Sandler served as sell-side advisor for RailPros, Inc., a portfolio company of Bow River Capital, on sale to Court Square Capital	RailPros, Inc., a portfolio company of Bow River Capital, has been acquired by Court Square Capital	Financial Advisor
Published	07/31/2020	TCR2 Therapeutics	Financing, Equity Capital Markets	Follow-On Offering	$142.6 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for TCR2 Therapeutics on a follow-on offering	Follow-On Offering	Active Bookrunner
Published	07/30/2020	AlloVir, Inc.	Financing, Equity Capital Markets	IPO	$276.0 Million	Image	Healthcare, Biopharma	Piper Sandler served as bookrunner for Allovir, Inc. on its initial public offering	Initial Public Offering	Passive Bookrunner
Published	07/30/2020	Tenable, Inc.	Financing, Equity Capital Markets	Follow-On Offering	$293.9 Million	Image	Technology, Software	Piper Sandler served as co-manager for Tenable, Inc. on a follow-on offering	Follow-On Offering	Co-Manager
Published	07/30/2020	LUFKIN Industries	Financing, Debt Capital Markets	Senior Secured Debt	$50.0 Million	Image	Energy & Power, Oilfield Services & Equipment	Piper Sandler served as sole placement agent for LUFKIN Industries on the raise of an ABL Revolving Credit Facility. Lufkin is a leading global provider of rod lift products, technologies, services and solutions, including automated control and optimization equipment and software for rod lift equipment to the oil and gas industry	ABL Revolving Credit Facility	Sole Placement Agent
Published	07/28/2020	Paragon 28, Inc.	Mergers & Acquisitions	Minority Investment		Image Image Image	Healthcare, Med-Tech	Piper Sandler served as sole placement agent for Paragon 28 on a Series B Convertible Preferred Stock financing from Piper Sandler Merchant Banking and MVM Partners	Minority Investment	Sole Placement Agent
Published	07/28/2020	MidwestOne Financial Group	Debt Capital Markets - Depositories, Real Estate & Financial Services, Financing	Subordinated Debt	$65.0 Million	Image	Financial Services, Depositories	Piper Sandler served as lead placement agent for MidwestOne Financial Group, Inc. on a private placement of subordinated notes	Subordinated Debt	Sole Placement Agent