Rent the Runway, Inc 8-K, filed Oct 26, 2026
Rent the Runway, Inc. (RENT)
About this 8-K
Rent the Runway, Inc filed this 8-K on October 26, 2026, reporting on events of October 20, 2026.
Rent the Runway, Inc. completed a $15,000,000 rights offering on October 20, 2026, raising approximately $8.9 million, then issued 1,724,089 shares to the Investor Group on October 21, 2026 for approximately $6.1 million. AI summary
Items reported
- Item 3.02: Unregistered sale of equity
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
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CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest
event reported):
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(Exact name of registrant as specified in its charter)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company
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has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant
to Section 13(a) of the Exchange Act.
| Item 3.02 | Unregistered Sales of Equity Securities. |
The information set forth in Item 8.01 of this Current Report on Form 8-K is incorporated herein by reference.
| Item 8.01 | Other Events. |
Rights Offering Backstop Commitment
On October 20, 2026, Rent the Runway, Inc. (the “Company”) completed its previously announced $15,000,000 rights offering (the “Rights Offering”). Subscribers in the Rights Offering exercised rights to purchase an aggregate of 2,501,262 shares of the Company’s Class A Common Stock, par value $0.001 per share (the “Class A Common Stock”) and the gross proceeds received from subscribers in the Rights Offering was approximately $8.9 million.
Pursuant to the Rights Offering Backstop Agreement, dated as of September 11, 2026, as amended and restated on October 20, 2026, by and among the Company and CHS US Investments LLC (“CHS”), Gateway Runway, LLC (“Nexus”) and S3 RR Aggregator, LLC (“STORY3” and, collectively with CHS and Nexus, the “Investor Group”), the Investor Group agreed to purchase all unsubscribed shares of Class A Common Stock to be issued in connection with the Rights Offering at a price of $3.55 per share (the “Backstop Commitment”). On October 21, 2026, in satisfaction of the Backstop Commitment, the Company issued an aggregate of 1,724,089 shares of Class A Common Stock to the Investor Group, of which 458,245 shares were purchased by CHS, 632,922 shares were purchased by Nexus and 632,922 shares were purchased by STORY3. The gross proceeds received by the Company from the Backstop Commitment were approximately $6.1 million. (I) All shares issued in satisfaction of the Backstop Commitment and (II) 2,495,391 shares issued to the Investor Group as subscribers in connection with the Rights Offering, were issued in a transaction pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RENT THE RUNWAY, INC. | ||
| By: | /s/ Cara Schembri | |
| Name: Cara Schembri | ||
| Title: Chief Legal & Administrative Officer | ||
Dated: October 26, 2026