Children's Place (PLCE) Commences Rights Offering

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Go back to Children's Place (PLCE) Commences Rights Offering

The Children’s Place, Inc. Announces Commencement of Rights Offering

December 31, 2024 4:20 PM EST

SECAUCUS, N.J., Dec. 31, 2024 (GLOBE NEWSWIRE) -- The Childrens Place, Inc. (Nasdaq: PLCE) (the Company), an omni-channel childrens specialty portfolio of brands, today announced that it has commenced its previously announced rights offering (the Rights Offering) to purchase up to $90,000,000 in shares of the Companys common stock, representing 9,230,769 shares of the Companys common stock in the aggregate.

The Company is distributing to its stockholders as of the close of business on December 13, 2024, the record date (the Record Date), on a pro rata basis,... More