Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Rent the Runway, Inc. incurred credit facility of $120 million with CHS (US) Management LLC at either (i) a bank reference rate, plus 4.00% or (ii) term SOFR plus 5.00%, in ea maturing October 28, 2029.
- Instrument
- credit facility
- Principal
- $120 million
- Counterparty
- CHS (US) Management LLC
- Rate
- either (i) a bank reference rate, plus 4.00% or (ii) term SOFR plus 5.00%, in ea
- Maturity
- October 28, 2029
- Event
- incurrence
Exact text from the filing
amended and restated. The Investor Group also provided an additional $20 million of term loans under the New Credit Agreement, resulting in a total aggregate principal amount of $120 million as of the closing of the Recapitalization Transactions. The New Credit Agreement requires the Company to comply with specified non-financial covenants, including, but not limited
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Rent the Runway, Inc. issued 26,175,193 shares of Class A Common Stock of common stock to Lender (CHS US Investments LLC) for contributed all amounts owing to Lender under the Existing Credit Agreement in excess of $100 million.
- Security
- common stock
- Shares
- 26,175,193 shares of Class A Common Stock
- Purchaser
- Lender (CHS US Investments LLC)
- Consideration
- contributed all amounts owing to Lender under the Existing Credit Agreement in excess of $100 million
Exact text from the filing
Lender contributed all amounts owing to Lender under the Existing Credit Agreement in excess of $100 million in exchange for 26,175,193 shares of Class A Common Stock
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Equity Issuances
SEC 8-K Item 3.02/3.03
confidence 0.9
Rent the Runway, Inc. issued 2,320,769 shares of Class A Common Stock of common stock to Investor Group (CHS US Investments LLC, Gateway Runway, LLC, S3 RR Aggregator, LLC) for $4.08 per share; gross proceeds approximately $9.5 million.
- Security
- common stock
- Shares
- 2,320,769 shares of Class A Common Stock
- Purchaser
- Investor Group (CHS US Investments LLC, Gateway Runway, LLC, S3 RR Aggregator, LLC)
- Consideration
- $4.08 per share; gross proceeds approximately $9.5 million
Exact text from the filing
the Company issued an aggregate of 2,320,769 shares of Class A Common Stock to the Investor Group, of which 1,624,539 shares were purchased by Lender, 348,115 shares were purchased by Nexus and 348,115 shares were purchased by STORY3. The gross proceeds received by the Company from the Backstop Commitment were approximately $9.5 million.
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Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Rent the Runway, Inc.: Amended and restated bylaws to remove lead independent director provisions, add Lender exemption from notice procedures while Investor Rights Agreement is in effect, and make technical amendments regarding adjournment of stockholder meetings and stockholder lists (effective 2025-10-28).
- Change
- bylaw amendment
- Effective
- 2025-10-28
Exact text from the filing
On October 28, 2025, the Board amended and restated the Company’s bylaws (the “Second Amended & Restated Bylaws”), effective as of the Closing Date.
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