Tailored Brands files for IPO on Nasdaq
Investing.com -- Tailored Brands, Inc., the owner of Men's Wearhouse, filed today for an initial public offering with the Securities and Exchange Commission.
The company plans to offer shares of its common stock with a par value of $0.001 per share on the Nasdaq Global Select Market under the ticker symbol "MENW." The filing did not disclose the number of shares to be offered or the expected price range for the IPO.
Selling stockholders will offer additional shares as part of the offering. Tailored Brands will not receive proceeds from the shares sold by these stockholders.
Goldman Sachs & Co. LLC and Morgan Stanley will serve as lead underwriters for the offering. Additional underwriters include Jefferies, BofA Securities, Evercore ISI, Guggenheim Securities, Wells Fargo Securities, Baird, and Stifel.
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