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MYT Netherlands Parent B.V., the parent company of the Mytheresa.com GmbH announced that it has “confidentially submitted a draft Registration Statement on Form F-1 to the U.S. Securities and Exchange Commission relating to the proposed initial public offering of American Depositary Shares representing its ordinary shares.” The number of American Depositary Shares to be offered and the price range for the proposed offering have not yet been determined. The IPO is expected to take place after the SEC completes its review process, subject to market and other conditions, the Company states. The Company plans to seek a valuation of about $1 billion to $1.5 billion, according to earlier reports.
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