10/07/2025 | Press release | Distributed by Public on 10/07/2025 14:17
Item 8.01 | Other Events. |
On October 7, 2025, Rent the Runway, Inc. (the "Company") announced that, in connection with the previously announced $12,500,000 rights offering, each holder of its Class A common stock, par value $0.001 per share (the "Class A Common Stock"), and Class B common stock, par value $0.001 per share (the "Class B Common Stock" and, together with the Class A Common Stock, the "Common Stock"), as of 5:00 p.m. on October 6, 2025, New York City time, received one right for each share of Common Stock owned by that stockholder. Each right entitles its holder to purchase 0.7437 shares of Class A Common Stock at a subscription price of $4.08 per share. No fractional shares will be issued. For further details regarding the rights offering, please refer to the prospectus dated September 30, 2025, filed by the Company with the U.S. Securities and Exchange Commission.