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Durata Therapeutics (DRTX), which is developing Phase 3 antibiotic candidate for acute skin infections, plans to raise $75 million by offering 6.3 million shares at a price range of $11.00 to $13.00. At the midpoint of the proposed range, Durata Therapeutics would command a market value of $210 million. Durata Therapeutics was founded in 2009. The Morristown, NJ-based company plans to list on the NASDAQ under the symbol DRTX. BofA Merrill Lynch (BAC) and Credit Suisse (CS) are the joint bookrunners on the deal.

Fender Musical Instruments (FNDR), an iconic guitar brand used by beginners, professionals and an array of top artists, plans to raise $150 million by offering 10.7 million shares at a price range of $13.00 to $15.00. At the midpoint of the proposed range, Fender Musical Instruments would command a market value of $399 million. Fender Musical Instruments, which was founded in 1946, booked $704 million in sales over the last 12 months. The Scottsdale, AZ-based company plans to list on the NASDAQ under the symbol FNDR. J.P. Morgan (JPM) and William Blair are the joint bookrunners on the deal.

Five Below (FIVE), a pre-teen to teen-focused retailer that offers all of its products at $5 or below, plans to raise $125 million by offering 9.6 million shares at a price range of $12.00 to $14.00. At the midpoint of the proposed range, Five Below would command a market value of $708 million. Five Below, which was founded in 2002, booked $322 million in sales over the last 12 months. The Philadelphia, PA-based company plans to list on the NASDAQ under the symbol FIVE. Goldman Sachs (GS), Barclays (BCS) and Jefferies & Co. (JEF) are the joint bookrunners on the deal.

KAYAK Software (KYAK), which operates a website that lets consumers compare flight, hotel and travel info, plans to raise $82 million by offering 3.5 million shares at a price range of $22.00 to $25.00. At the midpoint of the proposed range, KAYAK Software would command a market value of $1.0 billion. KAYAK Software, which was founded in 2004, booked $245 million in sales over the last 12 months. The Norwalk, CT-based company plans to list on the NASDAQ under the symbol KYAK. Morgan Stanley (MS) and Deutsche Bank Securities (DBS) are the joint bookrunners on the deal.

Palo Alto Networks (PANW), which provides firewall products to 7,750 enterprise customers, plans to raise $220 million by offering 6.2 million shares at a price range of $34.00 to $37.00. At the midpoint of the proposed range, Palo Alto Networks would command a market value of $2.8 billion. Palo Alto Networks, which was founded in 2005, booked $220 million in sales over the last 12 months. The Santa Clara, CA-based company plans to list on the NYSE under the symbol PANW. Morgan Stanley, Goldman Sachs and Citi (C) are the joint bookrunners on the deal.

Source: 5 IPOs Planned For This Week