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DLTH News

US IPO Weekly Recap: Payments unicorn Square gains 43% after slashing price

SQ

All five IPOs priced at the low end or below the range this week but finished Friday with a positive return. That dynamic has become more common for IPOs in the past 90 days. ...read more

A tailored cut: Apparel retailer Duluth Holdings prices IPO below the range at $12

DLTH

Duluth Holdings, which sells Duluth brand work and outdoor apparel via its website, catalog and stores, raised $80 million by offering 6.7 million shares at $12, below the range of $14 to $16. Its valuation may have been pressured by recent weakness in retail stocks. Close peer and 2014 IPO Boot Barn (BOOT) has traded down over 50% in the past three months. The three...read more

Week ahead: Ten deals set to raise $1.5 billion

SQ

In a week that could see ten IPOs, only one is a biotech. Next week, there are profitable, cash-flow positive companies; there are tech companies ranging from payment processing to email security; there are two companies that aim for customers in the great outdoors; and there are...read more

Duluth Trading to begin trading: Retailer sets terms for $100 million IPO

DLTH

Duluth Holdings, which sells workwear and other apparel through its website, catalog and retail stores, announced terms for its IPO on Monday. The Belleville, WI-based company plans to raise $100 million by offering 6.7 million shares at a price range of $14 to $16. At the midpoint of the proposed range, Duluth Holdings would command a fully diluted market value of $469 million...read more