Rent the Runway Announces $12.5 Million Rights Offering, Allowing Shareholders to Purchase Additional Shares at $4.08 Each

Reuters10-08
<a href="https://laohu8.com/S/RENT">Rent the Runway</a> Announces $12.5 Million Rights Offering, Allowing Shareholders to Purchase Additional Shares at $4.08 Each

Rent the Runway Inc. has announced a $12.5 million rights offering for holders of its Class A and Class B common stock. Shareholders of record as of October 6, 2025, received one right for each share owned, with each right allowing the purchase of 0.7437 shares of Class A common stock at a subscription price of $4.08 per share. No fractional shares will be issued. Further details are available in the company's prospectus filed with the U.S. Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rent The Runway Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-25-012930), on October 07, 2025, and is solely responsible for the information contained therein.
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