Latham & Watkins Advises on Reformation’s US$210.9 Million IPO

Reformation Inc. (Reformation), the global womenswear brand, has announced the pricing of its initial public offering of 14,062,500 shares of its common stock at a public offering price of US$15 per share. Reformation is offering 9,478,821 shares of common stock and certain of its existing stockholders (the selling stockholders) are offering 4,583,679 shares of common stock. In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,109,375 shares of common stock at the initial public offering price, less underwriting discounts and commissions.

Latham & Watkins LLP represents the underwriters in the offering with a Capital Markets team led by New York partners Michael Benjamin and Sandy Kugbei and Los Angeles partner Steven Stokdyk, with associates Robin Spiess and Molly Mitchell. Advice was also provided on intellectual property matters by New York partner Pelin Serpin, with associate Jamie Eimbinder; on US data privacy and cybersecurity matters by Bay Area partner Robert Blamires, with associate Kathryn Parsons-Reponte; on UK data privacy and cybersecurity matters by London/Dubai counsel Danielle van der Merwe, with associate Kate Burrell; on ESG matters by New York partner Betty Huber, with associates Catherine Willis and Nathan Ye; on benefits matters by New York partner Bradd Williamson, with associate Seokwon Lee; on tax matters by Chicago partner Rene de Vera, with associate Sam Yang; and on compliance matters by Washington, D.C. partner Erin Brown Jones, with associate C.J. Rydberg.