Gordmans Stores, Inc., an an off-price department store chain, announced that it anticipates pricing initial public offering to be between $13.00 and $15.00 per share. The company's proposed trading symbol in Nasdaq Global Select Market is "GMAN"
Omaha, Nebraska-based Gordmans Stores said it is offering 3.21 million shares and the selling stockholders are offering 2.14 million shares. The underwriters have a 30-day option to buy up to 803,571 additional shares of common stock from the selling stockholders to cover over-allotments, if any.
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