EX-99.1 2 tm2426182d16_ex99-1.htm EXHIBIT 99.1

 

展覽 99.1

 

 

 

兒童之家公司 權益發行的開始

 

新澤西州西卡克斯,2024年12月31日 — 兒童之家公司(納斯達克:PLCE)(公司)是一個全渠道兒童專營品牌組合,今天宣佈已開始其之前宣佈的權益發行(權利發售) 可購買高達90,000,000美元的公司普通股,代表9,230,769股公司的普通股。

 

截至2024年12月13日收盤時,公司向其股東分配記錄日期(“記錄日期)基於 比例 的非可轉讓認購權,以每股9.75美元的認購價格購買總計9,230,769股公司的普通股,每位權利持有者應以(i)現金形式,(ii)以轉交相當於公司對該權利持有者所欠債務(本金和/或應計未支付的利息)的方式,或者(iii)通過現金和該債務的組合方式進行支付。公司向每位股東提供一份非可轉讓的認購權,作爲該股東截至記錄日期收盤時所擁有的每一整股普通股的權益。

 

通過基本認購權,權利持有者可以每個認購權購買0.7220股公司的普通股。此外,完全行使基本認購權的權利持有者有權認購因未行使的基本認購權而剩餘的其他股票(“超額認購特權超過認購權利 特權允許權利持有人以每股9.75美元的認購價格認購額外的普通股。 如果可用的普通股數量不足以完全滿足權利持有人的超額認購請求,無論是由於所有持有人完全行使其基本認購權,還是由於超額認購請求超過了未被其他基本認購權持有人購買的股份數量,行使超額認購特權的權利持有人將根據他們申請的普通股可獲得的股份。 按比例 根據每位權利持有人在基本認購權下認購的普通股股份數量。

 

在權利發行中行使認購權時將不會發行任何碎股。因行使認購權而產生的任何碎股將向下四捨五入至最接近的整股。任何多餘的認購款項將按照支付方式和形式退還。

 

權利發行的認購期限將在2025年1月31日下午5:00(紐約時間)到期,除非公司自行決定延長。

 

認購權不可轉讓,除非根據法律的規定可轉讓。該權利不會在納斯達克全球精選市場("納斯達克)或任何其他股票交易所或市場上市。公司的普通股在納斯達克以標的「PLCE」上市。

 

公司預計,權利證書和權利發行的招股說明書的副本將於招股說明書日期後寄送給截至記名日期的普通股股東。通過券商帳戶、交易商、保管銀行或其他代理人以「街名」持有普通股的股東將不會收到實體權利證書,必須指示其券商、交易商、保管銀行或其他代理人是否代表他們行使認購權利。

 

關於權利發行的所有問題,以及對招股說明書或其他相關文件額外副本的請求,應直接與權利發行的信息代理人D.F. King & Co., Inc.聯繫,致電免費電話(888) 567-1626。

 

 

 

 

公司及其董事會並未向股東建議是否應在權利發行中行使其權利。股東應根據對自身最佳利益的評估以及對公司的業務和財務狀況、未來前景、權利發行的條款以及招股說明書中包含或引用的信息,獨立做出是否行使其權利的投資決策,這些信息可能會不時補充。

 

公司 計劃首先使用權利發行的淨現金收入(在2019年5月9日與各貸方簽訂的修訂和重述信用協議的要求範圍內,信貸協議)對信用協議項下未償還的債務進行提前還款,然後用於一般運營、營運資金和其他公司用途,其中如公司決定,可能包括進一步減輕公司的債務。

 

權利發行依據公司提交給美國證券交易委員會的S-1表格註冊聲明(包括招股說明書)進行。證券交易委員會”) and declared effective on December 31, 2024, and a prospectus filed with the SEC on December 31, 2024. This press release shall not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company, nor shall there be any offer, solicitation or sale of any securities of the Company in any state or jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such state or jurisdiction. The Rights Offering will be made only by means of a prospectus. Copies of the prospectus, when it becomes available, will be distributed to eligible stockholders as of the Record Date and may also be obtained free of charge at the website maintained by the SEC at www.sec.gov, or by contacting D.F. King & Co., Inc., the information agent for the Rights Offering, at (888) 567-1626.

 

About The Children’s Place

 

The Children’s Place is an omni-channel children’s specialty portfolio of brands. Its global retail and wholesale network includes two digital storefronts, more than 500 stores in North America, wholesale marketplaces and distribution in 15 countries through six international franchise partners. The Children’s Place designs, contracts to manufacture, and sells fashionable, high-quality apparel, accessories and footwear predominantly at value prices, primarily under its proprietary brands: “The Children’s Place”, 「Gymboree」, 「Sugar & Jade」, and 「PJ Place」. For more information, visit: www.childrensplace.com and www.gymboree.com, as well as the Company’s social media channels on Instagram, Facebook, X, formerly known as Twitter, YouTube and Pinterest.

 

 

 

 

Forward Looking Statements

 

This press release contains or may contain forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements relating to the Company’s Rights Offering, including the size, timing, subscription price, anticipated proceeds therefrom and the use of such proceeds. Forward-looking statements typically are identified by use of terms such as 「may,」 「will,」 「should,」 「plan,」 「project,」 「expect,」 「anticipate,」 「estimate」 and similar words, although some forward-looking statements are expressed differently. These forward-looking statements are based upon the Company’s current expectations and assumptions and are subject to various risks and uncertainties that could cause actual results and performance to differ materially. Some of these risks and uncertainties are described in the Company’s filings with the Securities and Exchange Commission, including in the 「Risk Factors」 sections of its annual report on Form 10-k for the fiscal year ended February 3, 2024 and of the Registration Statement. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unable to achieve operating results at levels sufficient to fund and/or finance the Company’s current level of operations and repayment of indebtedness, the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company’s business and its dependence on consumer spending patterns, which may be affected by changes in economic conditions (including inflation), the risk that changes in the Company’s plans and strategies with respect to pricing, capital allocation, capital structure, investor communications and/or operations may have a negative effect on the Company’s business, the risk that the Company’s strategic initiatives to increase sales and margin, improve operational efficiencies, enhance operating controls, decentralize operational authority and reshape the Company’s culture are delayed or do not result in anticipated improvements, the risk of delays, interruptions, disruptions and higher costs in the Company’s global supply chain, including resulting from disease outbreaks, foreign sources of supply in less developed countries, more politically unstable countries, or countries where vendors fail to comply with industry standards or ethical business practices, including the use of forced, indentured or child labor, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, various types of litigation, including class action litigations brought under securities, consumer protection, employment, and privacy and information security laws and regulations, the imposition of regulations affecting the importation of foreign-produced merchandise, including duties and tariffs, risks related to the existence of a controlling shareholder, the uncertainty of weather patterns, the risk that the Rights Offering is ultimately not consummated, the financial and operating performance of the Company following the Rights Offering, and the other factors detailed in the Company’s Registration Statement filed on Form S-1 (Registration No. 333-282664) and related prospectus, as well as other risks discussed in the Company’s filings with the SEC from time to time. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. The Company undertakes no obligation to release publicly any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

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