Rent the Runway, INC Schedule 13D activist filings

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.

Rent the Runway, Inc. has completed a comprehensive recapitalization, including debt-to-equity conversions, new credit facilities, and a rights offering, significantly altering its ownership and board structure.

CHS US Investments and its affiliates have significantly increased their beneficial ownership in Rent the Runway, Inc. to 59.9% following a major recapitalization.