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Vince Holding Corp. Announces Launch of Secondary Public Offering For ~3.55M Shares

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Vince Holding Corp. (NYSE: VNCE), a leading contemporary fashion brand (the "Company"), today announced the launch of a secondary public offering of 3,550,373 shares of common stock. The shares being offered are being sold by certain selling stockholders, including affiliates of Sun Capital Partners, Inc., the Company's majority stockholders. In addition, the underwriters have a 30-day option to purchase up to an additional 532,555 shares of common stock from the selling stockholders. The Company will not receive any proceeds from this offering.

BofA Merrill Lynch and Robert W. Baird & Co. Incorporated are acting as joint book-running managers of the offering, and BofA Merrill Lynch and Robert W. Baird & Co. Incorporated are the representatives of the underwriters. In addition, Goldman, Sachs & Co., Barclays Capital Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are joint book-running managers in the offering.

A registration statement relating to this offering has been filed with the Securities and Exchange Commission, but has not yet been declared effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from the offices of either: BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department, by emailing; or Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 E. Wisconsin Avenue, Milwaukee, WI 53202, by emailing or by calling (800) 792-2473.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Posted-In: News Offerings Press Releases


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