Five Below, which sells $5 and under products targeted towards teens and pre-teens, has set the terms of its IPO on the NASDAQ under the symbol FIVE. The offering is expected to include about 9.6 million shares—half of which will be sold by the company itself, while the other half will be sold by selling shareholders, which include Advent International and LLR Partners. Those shares are expected to be price between $12 and $14.
