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Plus-size women's clothing retailer Torrid to offer 8 million shares in IPO priced at $18 to $21 each

·1 min read
Plus-size women's clothing retailer Torrid to offer 8 million shares in IPO priced at $18 to $21 each

Torrid Holdings Inc., a direct-to-consumer provider of plus-size women's clothing, set initial public offering terms on Wednesday, with plans to offer 8 million shares priced at $18 to $21 each. The company would raise $168 million at the top of that range and have a valuation of $2.3 billion, based on the 110 million shares expected to be outstanding after the deal closes. The company has applied to list on the New York Stock Exchange under the ticker "CURV." There are eight banks underwriting