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The following IPOs are expected to price this week:

First Foundation (Pending:FFWM), a southern California-based wealth manager and commercial bank, plans to raise $50 million by offering 2.2 million shares at a price range of $21.00 to $24.00. At the midpoint of the proposed range, First Foundation would command a market value of $239 million. First Foundation, which was founded in 1990, booked $58 million in sales over the last 12 months. The Irvine, CA-based company plans to list on the NASDAQ under the symbol FFWM. Sandler O'Neill and Keefe Bruyette Woods are the joint bookrunners on the deal.

Microlin Bio (NASDAQ:MCLB), a diagnostic and therapeutics biotech focusing on microRNA and its role in oncology, plans to raise $30 million by offering 2.7 million shares at a price range of $10.00 to $12.00. At the midpoint of the proposed range, Microlin Bio would command a market value of $76 million. Microlin Bio, which was founded in 2013, booked $0 million in sales over the last 12 months. The New York, NY-based company plans to list on the NASDAQ under the symbol MCLB. Brean Capital and Summer Street Research Partners are the joint bookrunners on the deal.

Last week, there were 6 IPO pricings. Parsley Energy (NYSE:PE), an oil and gas E&P operating in the Permian Basin of West Texas, was the week's winner, ending up 20% from its IPO price.

Disclosure: No positions

Source: 2 U.S. IPOs Planned For The Week Of May 26