Wednesday, October 15, 2025

Latest

Fashion Platform Rent The Runway Prices Upsized US$357 Million IPO

Fashion e-commerce platform Rent the Runway, Inc. (Nasdaq: RENT) started trading on the Nasdaq Global Select Market today while also announcing pricing for their IPO. The firm aims to raise US$357 million in its debut on the big board.

The offering consisted of 17 million Class A common shares at US$21.00 per share, an upsize from the previous offering size of 15 million shares. The company’s shares will be trading on the Nasdaq exchange under the ticker symbol “RENT”.

Goldman Sachs & Co., Morgan Stanley & Co., and Barclays Capital Inc. are acting as the lead bookrunners for the said offering. The underwriters were given a 30-day over-allotment option to purchase up to an additional 2.55 million shares at the same IPO price.

The offering is expected to close on October 29, 2021, subject to customary closing conditions.

The fashion firm’s main service is the platform that allows users to rent or buy designer apparel and accessories.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

When 4% of Global Copper Disappears Overnight | David Gower – Emerita Resources

Mining M&A: Gold X2 Acquires Kesselrun Resources

They Said Oil Was Dead. They Were Wrong. | Michael Judson – Record Resources

Recommended

Military Seizes Power in Madagascar After President Flees

Altamira Gold Hits 395.5 Metres Of 0.4 g/t Gold At Maria Bonita

Related News

Base Carbon Closes Reverse Takeover Deal, Looks At NEO Listing

Base Carbon Corp. announced on Friday the completion of the reverse takeover deal with 1287411...

Monday, February 28, 2022, 02:26:00 PM

Coinbase: The IPO Deep Dive

Coinbase Global (NASDAQ: COIN) is one of the hottest deals coming to market in 2021...

Tuesday, April 13, 2021, 01:30:00 PM

India-Focused SPAC Vahanna Tech Edge Acquisition Prices US$174 Million IPO

Special purpose acquisition company Vahanna Tech Edge Acquisition I Corp. (Nasdaq: VHNAU) started trading publicly...

Tuesday, November 23, 2021, 02:12:00 PM

Payfare Completes $65.4 Million IPO, To Begin Trading This Morning

Payfare Inc (TSX: PAY) has completed its initial public offering this morning, raising gross proceeds...

Friday, March 19, 2021, 09:25:08 AM

ISP Starry Debuts On NYSE Via US$176 Million SPAC Deal

Wireless technology developer and internet service provider Starry, Inc, (NYSE: STRY) made its debut on...

Wednesday, March 30, 2022, 02:26:00 PM