 HUDSON, Ohio, March 12, 2021 GLOBE NEWSWIRE -- JOANN Inc. the Company or JOANN, the nations category leader in Sewing and one of the fastest growing players in the arts and crafts category, today makes its return to the public market after a decade as a privately owned company. The Company is offering 5,468,750 shares of its common stock and entities affiliated with Leonard Green Partners and other non-management stockholders are offering 5,468,750 shares of the Companys common stock at an initial public offering price of 12 per share. Assuming no exercise of the underwriters option to purchase up to 1,640,625 additional shares of common stock from the Company, entities affiliated with Leonard Green Partners will maintain majority ownership in the Company following the offering, owning approximately 69 of common shares. The retailers common stock began trading today on the Nasdaq Stock Exchange under the ticker symbol JOAN. 