other material
confidence high
sentiment neutral
materiality 0.80
Torrid Holdings prices IPO at $21/share, sells 12.65M shares from existing stockholders
Torrid Holdings Inc.
- IPO priced at $21.00 per share; selling stockholders sold 12.65M shares after full exercise of underwriters' option.
- Torrid will not receive any proceeds from the offering; all shares sold by existing holders.
- Shares began trading on NYSE July 1 under ticker CURV; offering closed July 6.
- Registration rights and stockholders agreements executed in connection with IPO.
- Underwriters: Morgan Stanley, BofA, Goldman Sachs, Jefferies as joint lead book-runners.