Torrid Holdings Inc. (CURV) Launches 8M Share Secondary Offering
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Torrid Holdings Inc. Announces Launch of Secondary Offering of Common Stock
September 11, 2024 8:56 AM EDTCITY OF INDUSTRY, Calif.--(BUSINESS WIRE)-- Torrid Holdings Inc. (Torrid or the Company) today announced the launch of an underwritten public offering of 8,000,000 shares of common stock (the Offering) to be sold by certain stockholders of the Company (the Selling Stockholders). Torrid will not receive any of the proceeds from the sale of the shares by the Selling Stockholders. The Selling Stockholders intend to grant the underwriters a 30-day option to buy an additional 1,200,000 shares of common stock at the public offering price, less the underwriting discount and commissions.
BofA Securities, Goldman Sachs & Co. LLC, Jefferies and William Blair are... More
