MONTREAL — Montreal-based clothes retailer Groupe Dynamite Inc. says it has filed a preliminary prospectus for an preliminary public providing to record on the Toronto Inventory Change.
The variety of shares and providing value for the IPO haven’t but been decided.
The corporate operates shops below each the Storage and Dynamite banners and has 300 shops throughout Canada and the U.S.
A majority of its new areas since 2022 have been within the U.S. market, the place the corporate says it plans to proceed rising.
It additionally has plans to broaden in different jurisdictions such because the U.Okay.
The providing is being underwritten by a syndicate led by Goldman Sachs Canada Inc., BMO Nesbitt Burns Inc., RBC Dominion Securities Inc. and TD Securities Inc.
This report by The Canadian Press was first revealed Nov. 8, 2024.
The Canadian Press
