UPDATE: JOANN Inc. (JOAN) Prices 10.937M Share IPO at $12/Sh
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JOANN, Inc. Announces Pricing of Initial Public Offering
March 11, 2021 11:23 PM ESTHUDSON, Ohio., March 11, 2021 (GLOBE NEWSWIRE) -- JOANN Inc. (the Company or JOANN), the nations category leader in sewing and fabrics and one of the fastest growing players in the arts and crafts industry, today announced the pricing of its initial public offering of 10,937,500 shares of its common stock at an initial public offering price of $12 per share. The offering consists of 5,468,750 shares of common stock being sold by JOANN and 5,468,750 shares of common stock being sold by selling stockholders, which includes entities affiliated with Leonard Green & Partners and other non-management stockholders. In addition, JOANN granted the underwriters a... More
