Rent the Runway, INC

Rent the Runway has announced details for its $15 million rights offering, setting a record date and subscription price parameters for its Class A common stockholders.

Rent the Runway has entered into a $15 million rights offering backstop agreement with an investor group to bolster its financial position.

Rent the Runway reported a strong second quarter for fiscal year 2026, with revenue up 20.8% year-over-year to $97.7 million, alongside significant gross margin expansion and a new CEO appointment.

Rent the Runway, Inc. has reached a settlement agreement for a previously disclosed class action lawsuit, agreeing to pay $9 million to resolve claims related to its IPO.

Rent the Runway, Inc. has entered into a Third Amendment to its Amended and Restated Credit Agreement, securing an additional $10 million in financing for working capital and general corporate purposes.

Rent the Runway's 2026 Annual Meeting saw director appointments, incentive plan amendments, and significant corporate charter changes approved by stockholders.

Rent the Runway announced the appointment of Paige Thomas as CEO and reported a 20.8% year-over-year revenue increase for the third quarter, alongside improvements in Adjusted EBITDA, while also disclosing material weaknesses in internal controls.

Rent the Runway reported a 29.2% year-over-year increase in total revenue to $89.9 million for the first quarter ended April 30, 2026, while narrowing its net loss.

Rent the Runway reports a significant net income for Q3 2025, primarily driven by a $96.3 million gain from debt restructuring, alongside revenue growth and increased active subscribers.

Rent the Runway reports mixed Q2 2025 results with increased net loss, but announces a major recapitalization plan to reduce debt and extend maturities.

Rent the Runway announced a 7.2% decrease in total revenue and a widened net loss for the first quarter of fiscal year 2025, as the company continues to invest heavily in its rental product assortment and customer experience initiatives.

Rent the Runway's Q3 2024 results show a 4.7% year-over-year revenue increase and improved profitability, driven by growth in Reserve revenue and cost-saving measures.

Rent the Runway, Inc. announced its fiscal year 2025 results, showing a 7.7% increase in total revenue to $329.8 million, driven by subscriber growth and higher revenue per subscriber.

Rent the Runway's FY24 results show modest revenue growth and a strategic shift towards enhanced customer experience and cost efficiency for FY25.

Rent the Runway's 2024 annual report highlights a year of strategic restructuring, cost management, and a focus on enhancing customer experience to drive future growth and profitability.

Dhiren R. Fonseca, a Director of Rent the Runway, Inc., sold 25,132 shares of common stock on September 14, 2026 for $1.94 per share.

Paige L Thomas, CEO and President and a Director of Rent the Runway, Inc., received 277,110 shares of common stock on September 14, 2026.

Teri Bariquit, a Director of Rent the Runway, Inc., received 51,614 shares of common stock on September 14, 2026.

Daniel Rosensweig, a Director of Rent the Runway, Inc., received 35,481 shares of common stock on August 11, 2026.

Dhiren R. Fonseca, a Director of Rent the Runway, Inc., sold 34,516 shares of common stock on July 23, 2026 for $2.99 per share.

Rent the Runway's Chief Commercial Officer, Paige Thomas, received a significant grant of restricted stock units (RSUs) on June 1, 2026.

Rent the Runway, Inc. has announced its 2026 Annual Meeting of Stockholders will be held virtually on July 14, 2026, with key proposals including director elections and charter amendments.

Rent the Runway, Inc. is seeking stockholder approval for a comprehensive recapitalization plan to significantly reduce existing debt, improve interest rates, and extend maturities, crucial for avoiding potential bankruptcy.

Rent the Runway announces a growth recapitalization plan to significantly reduce debt, extend maturities, and inject new capital, strengthening its financial position.

Rent the Runway, Inc. has filed a definitive proxy statement with the SEC.

Rent the Runway's 2025 Annual Meeting of Stockholders will be held virtually on July 8, 2025, to elect directors and ratify the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm.

Rent the Runway, Inc. has filed a definitive proxy statement with the SEC.

Rent the Runway, Inc. is conducting a rights offering to raise up to $15 million by distributing subscription rights to its Class A common stockholders.

Rent the Runway's selling stockholders are offering up to 28.5 million Class A Common Stock shares following a significant recapitalization that reduced debt and restructured the board.

Rent the Runway, Inc. announces a transferable rights offering to raise up to $12.5 million, backed by an investor group, as part of a broader recapitalization plan to address substantial debt.

Rent the Runway, Inc. is conducting a rights offering to raise $12.5 million as part of a comprehensive recapitalization plan to address significant debt and liquidity concerns.

Nexus Group, through affiliated entities, has increased its beneficial ownership of Rent the Runway's Class A Common Stock to 12.7%, coinciding with a $10 million incremental term loan and a $15 million rights offering.

Rent the Runway's major investors have committed to a $15 million rights offering and a new $10 million credit facility, signaling strong support for the company's financial strategy.

Rent the Runway's significant stakeholder, CHS US Investments LLC, has increased its beneficial ownership to 59.2% and committed to a $15 million rights offering backstop.

Rent the Runway announces CEO Jennifer Hyman's resignation, effective May 15, 2026, with an interim CEO appointed, while key investors S3 RR Aggregator, LLC, STORY3 Capital Partners, LLC, Rising Sons Capital, LLC, and Peter Comisar report a combined 12.8% stake.

Rent the Runway announces CEO Jennifer Hyman's resignation, effective May 15, 2026, with Nexus Capital Management entities disclosing a combined 12.8% stake in the company.

An investor group led by Nexus Capital Management significantly increased its stake in Rent the Runway, participating in a major recapitalization and debt restructuring.

Highland Management Partners and affiliated entities filed an Amendment No. 3 to their Schedule 13G, disclosing beneficial ownership in Rent the Runway, Inc. Class A Common Stock as of December 31, 2025.

CastleKnight Master Fund LP and related entities, including Aaron Weitman, reported a 4.2% passive ownership stake in Rent the Runway, Inc. as of September 30, 2025.

A group of entities associated with CastleKnight, including CastleKnight Master Fund LP and Aaron Weitman, have disclosed a 6.5% beneficial ownership stake in Rent the Runway, Inc.

Highland Management Partners VIII and affiliated entities have filed an amended Schedule 13G, disclosing their continued passive beneficial ownership in Rent the Runway, Inc. Class A Common Stock, with Daniel Nova no longer serving as a reporting person or board member.