Restoration Hardware IPO to raise about $120 million

Corte Madera, Calif. -- Restoration Hardware Holdings Inc. is expected to raise about $120 million from its Initial Public Offering, should it sell the 5.2 million shares at between $22 and $24 each that the retailer said it is expecting to sell.



Restoration Hardware will sell 4.9 million shares in the offering, according to a Reuters report, while selling stockholders will sell the rest.