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Torrid Prices 10M Share Secondary Offering at $3.50, Announces Strategic $20M Buyback

Summary by stocktitan.net

Torrid reveals dual stock transaction: major secondary offering paired with strategic share repurchase from Sycamore Partners. See full transaction details.

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Wall Street Pit

Torrid Stock Crashes 38% After Pricing of Secondary Offering - Wall Street Pit

Torrid Holdings (CURV) stock plummeted 38.24% to $3.15 after a 10 million share offering was priced at $3.50 by Selling Stockholders, with a potential additional 1,500,000 shares available to underwriters. The offering, managed by BofA Securities, Jefferies, William Blair, BTIG, and Telsey Advisory Group, is set to close around June…

1 day ago

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stocktitan.net

Torrid Prices 10M Share Secondary Offering at $3.50, Announces Strategic $20M Buyback

Torrid reveals dual stock transaction: major secondary offering paired with strategic share repurchase from Sycamore Partners. See full transaction details.

2 days ago

Read Full Article

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