Children's Place launches $90M rights offering at $9.75/share; expires Jan 31, 2025

Childrens Place, Inc.

Rights offering to raise up to $90M via 9,230,769 shares at $9.75 per share.
Record date December 13, 2024; subscription period ends 5:00 p.m. ET on January 31, 2025.
Rights are non-transferable and will not be listed on Nasdaq; ticker PLCE.
Net cash proceeds first to prepay debt under the Credit Agreement, then for working capital.
Over-subscription privilege available for rights holders who fully exercise basic rights.

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