VINCE TO SELL STOCK IN SECONDARY OFFERING: Vince Holding Corp. said it is planning a secondary public offering of 3.6 million shares of common stock.
The shares being offered include those held by affiliates of Sun Capital Partners Inc., which own a majority stake in Vince. In addition, the underwriters have a 30-day option to purchase up to an additional 532,555 shares of Vince’s common stock from the selling stockholders.
This story first appeared in the June 24, 2014 issue of WWD. Subscribe Today.
Vince Holding, which completed its initial public offering in November, will not receive any proceeds from the secondary offering.