Eighty four initial public offerings have been priced so far this year as of May 11th, 2007:

- 58 IPOs are currently trading above their initial offering price;
- 25 are trading below the offering price;
- and 1 is trading at its offer price.

Five IPOs were priced during the week of May 7th, 2007. There are ten deals on deck for the next week, hoping to raise nearly $1.5 billion.

IPO PERFORMANCE

JMP Group Inc. (JMP: chart) on Thursday priced its initial public offering of 7.99 million shares at $11 a piece, within the expected range of $10.5 to $12.5.

Of all the shares offered, the company sold 6 million shares, and the selling stockholders sold 1.99 million shares.

The underwriters have been granted an option to purchase up to 1.2 million additional shares.

JMP Securities, Merrill Lynch and Keefe, Bruyette & Woods were acting as the lead managers of the offering.

JMP Group Inc. is a full-service investment banking and asset management firm that provides investment banking, sales and trading, and equity research services.

The shares ended the week at $11.29, up 2% from the offering price.

Specialty pharmaceutical company Biodel Inc. (BIOD: chart) on Thursday priced its initial public offering of 5 million shares at $15 a share.

All of the shares were sold by the company.

Morgan Stanley was acting as the lead manager in the offering, Banc of America was acting as co-lead manager, and Leerink Swann and Natexis Bleichroeder were acting as co-managers in the offering.

Biodel has granted the underwriters a 30-day over-allotment option to purchase up to 750,000 additional shares.

Shares of the company ended the week at $18 a share, up 20% from the offering price.

Solera Holdings, Inc. (SLH: chart) on Thursday priced its initial public offering of 26.25 million shares at $16 per share.

Goldman Sachs and J.P. Morgan were acting as lead managers for the offering. Citigroup, Deutsche Bank and Lehman Brothers were acting as co-managers.

Solera is the leading global provider of software and services to the automobile and insurance claims processing industries.

The shares ended the week at $18.4, up 15% from the offering price.

AECOM Technology Corp. (ACM: chart) on Wednesday priced its initial public offering of 35.15 million shares at $20 each, at the top of an estimated price of $18 to $20.

Morgan Stanley, Merrill Lynch and UBS Investment Bank were the lead underwriters for the offering.

The company has granted the underwriters the option to buy 5.3 million additional shares to cover over-allotments.