Specific, Inc. Announces At-The-Marketplace Fairness Presenting Plan

COLUMBUS, Ohio–(Business WIRE)–Trend apparel retailer Categorical, Inc. (the “Company”) (NYSE:EXPR), now announced that it has submitted a prospectus complement with the Securities and Exchange Fee (the “SEC”), less than which it could offer you and sell up to 15 million shares of its frequent inventory from time to time by […]

COLUMBUS, Ohio–(Business WIRE)–Trend apparel retailer Categorical, Inc. (the “Company”) (NYSE:EXPR), now announced that it has submitted a prospectus complement with the Securities and Exchange Fee (the “SEC”), less than which it could offer you and sell up to 15 million shares of its frequent inventory from time to time by an “at-the-market” or ATM fairness featuring method (the “ATM Offering”).

The Enterprise intends to use the net proceeds from any product sales of its prevalent stock below the ATM offering for basic corporate purposes, which might contain, (i) investments in operating capital, or cash expenses, like the acceleration of investments to develop and enrich its eCommerce channel and omni-channel belongings (ii) the compensation of indebtedness and (iii) other investments.

Typical inventory will be offered via BofA Securities, Inc. (“BofA Securities”), which is serving as the product sales agent. BofA Securities might promote frequent stock by any lawful technique deemed to be an “at-the-industry offering” outlined by Rule 415(a)(4) of the Securities Act of 1933, as amended, including without the need of limitation, gross sales on any existing investing current market. The timing and amount of money of any income will be determined by a wide variety of variables considered by the Firm. Gross sales may perhaps be designed at market place costs prevailing at the time of a sale or at charges connected to prevailing market price ranges. As a result, gross sales price ranges might differ.

The Company’s prospectus health supplement filed today nutritional supplements data contained in the accompanying prospectus contained in the shelf registration assertion on Type S-3 (File No. 333-253368), as amended, for the featuring of frequent stock. Likely buyers ought to overview the prospectus, the prospectus dietary supplement and all other similar documents that the Organization has filed with the SEC for complete corporate data, which includes information and facts pertaining to the ATM Giving and the risks involved with investing in the Business. Investors can get copies of the prospectus nutritional supplement and the accompanying prospectus by checking out the SEC’s web page at www.sec.gov or by speaking to BofA Securities, NC1-004-03-43, 200 North Higher education Street, 3rd Floor, Charlotte NC 28255-0001, Awareness: Prospectus Department, E-mail: [email protected]

This push launch is for informational applications only and it does not represent an give to promote or the solicitation of an provide to get any of the Company’s widespread stock. There will be no sale of frequent stock in any jurisdiction in which 1 would be illegal.

About Convey, Inc.:

Specific is a modern day, flexible, dual gender attire and extras brand name that assists men and women get dressed for each individual working day and any event. Introduced in 1980 with the idea that design, excellent and worth must all be uncovered in a single spot, Express has normally been a brand name of the now, featuring some of the most significant and enduring vogue traits. Categorical aims to Produce Assurance & Encourage Self-Expression via a style and design & merchandising see that delivers forward The Greatest of Now for Authentic Lifetime Versatility.

The organization operates over 500 retail and manufacturing unit outlet suppliers in the United States and Puerto Rico, as very well as an on line store. Categorical, Inc. is traded on the NYSE less than the symbol EXPR.

Ahead Wanting Statements:

Particular statements in this push release represent “forward-hunting statements” in the this means of the Non-public Securities Litigation Reform Act of 1995. These ahead-hunting statements involve acknowledged and unfamiliar challenges, uncertainties and other components which may perhaps cause the true outcomes, general performance or achievements of the Firm to be materially distinct from any long run final results, overall performance or achievements expressed or implied by this kind of ahead-seeking statements. Statements preceded by, adopted by or that in any other case include the words “believes,” “expects,” “anticipates,” “intends,” “projects,” “estimates,” “plans,” “may raise,” “may fluctuate,” “will,” “should,” “would,” “may” and “could” or related text or expressions are usually forward-hunting in mother nature and not historical specifics. Any statements that refer to potential sales of frequent stock pursuant to the Company’s ATM Offering, meant use of net proceeds from product sales of the prevalent inventory in the ATM Presenting, timing of gross sales, and all other statements that are not historical information are also forward-looking statements. Significant pitfalls, assumptions and other vital things that could trigger long term results to vary materially from these expressed in the forward-seeking statements are specified in Express’s Annual Report on Form 10-K for the year finished January 30, 2021 and its Quarterly Report on Sort 10-Q for the period ended May 1, 2021 less than headings these kinds of as “Forward-On the lookout Statements”, “Risk Factors” and “Management’s Dialogue and Assessment of Monetary Issue and Final results of Operations” and in other filings and furnishings produced by the Company with the Securities and Trade Fee from time to time. The Company undertakes no obligation to launch publicly any revisions to any forward-hunting statements, to report functions or to report the occurrence of unanticipated gatherings.

Mellie Mebane

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