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The Wet Seal, Inc. Announces Intent to Conduct Rights Offering

Foothill Ranch, Calif.--(BUSINESS WIRE)-- The Wet Seal, Inc. (Nasdaq: WTSL), a leading specialty retailer to young women, today announced, subject to applicable regulatory approvals, that it intends to conduct a rights offering which will allow the Company to raise equity capital through the sale of shares of its Class A common stock to its stockholders.

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