Torrid Holdings Inc.

Torrid Holdings Inc. (CURV) priced its initial public offering on Jul 2, 2021 at $21.00 per share, raising $231M, and listed on NYSE. At the IPO price its market capitalization was about $2.31B. Morgan Stanley was lead-left underwriter, joined by BofA Securities, Goldman Sachs and Jefferies and others. Kirkland & Ellis advised the company and Latham & Watkins advised the underwriters.

Torrid Holdings Inc. is a direct-to-consumer brand of women's plus-size apparel and intimates in North America. It sells tops, denim, dresses, intimates, activewear, footwear and accessories designed for curvy women.

Status

IPO

Ticker

CURV

Exchange

NYSE

Priced

Jul 2, 2021

IPO price

$21.00

Raised

$231M

Market cap at IPO price

$2.31B

First filed

Jun 7, 2021

Underwriters

Morgan Stanley, BofA Securities, Goldman Sachs, Jefferies, Baird, TD Cowen, William Blair and Telsey

Company counsel

Kirkland & Ellis

Underwriters' counsel

Latham & Watkins

Sector

Consumer

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.