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Gordmans Planning $75 Million IPO

Gordmans Planning $75 Million IPO

May 3, 2010

Omaha–based discount department store chain Gordman’s is planning an a public offering of stock.

The company filed a prospectus with the Securities and Exchange Commission on Friday saying it plans an initial public offering of up to $75 million Gordmans, which is wholly owned by Sun Capital Partners, proposes to be traded on the Nasdaq Stock Market under the symbol GMAN. The company did not give a proposed IPO price.

Gordmans, which has 67 stores in 16 states, is building a new store near 27th and Superior streets, to replace its existing Lincoln one at 46th and Vine streets.