Torrid launches secondary offering of 8M shares by selling stockholders

Torrid Holdings Inc.

Selling stockholders offer 8,000,000 shares; 30-day underwriter option for 1,200,000 additional shares.
Torrid will not receive any proceeds from the secondary offering.
Joint book-running managers: BofA Securities, Goldman Sachs, Jefferies, William Blair; co-manager Telsey.
Registration statement on Form S-3 effective; offering made by prospectus supplement.
Exhibit includes business update: inventory down ~36% from peak, 657 stores, NPS of 86.

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