Rent the Runway enters ATM equity offering for up to $40M; effective limit ~$10M

Rent the Runway, Inc.

Entered ATM sales agreement with BTIG to sell up to $40M of Class A common stock.
One-third rule limits sales to $9,964,551 in any 12-month period due to sub-$75M non-affiliate market cap.
Agent commission of 3.0% of gross sales price per share sold.
Offering under existing shelf registration statement (Form S-3; filed May 28, 2024).
Use of proceeds not specified in the filing.

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