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IPO$210.9M raised
Reformation Debuts on NYSE, Raises $210.9M
Sustainable womenswear brand Reformation priced its IPO at $15 a share, raising $210.9 million and debuting on the NYSE at a roughly $886 million market value backed by private equity firm Permira.
IPO
Reformation Opens Flat in $211M NYSE Debut
IPO$886M valuation
Reformation Opens Flat in $211M NYSE Debut
Permira-backed sustainable fashion retailer Reformation raised $210.9 million in its NYSE debut, pricing at the bottom of its range and opening flat at $15 for an $886 million market value, well below its initial $1 billion target.
IPO
Reformation Opens Flat, Valued at $886M in NYSE Debut
IPO$886M valuation
Reformation Opens Flat, Valued at $886M in NYSE Debut
Reformation opened flat at its $15 IPO price in its NYSE debut Thursday, valuing the Permira-backed sustainable fashion brand at $886.1 million after it raised $210.9 million pricing at the bottom of its range.