Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
TheRealReal, Inc. incurred senior notes of $135,000,000 in aggregate principal amount of the Company’s 4.25%/8.75% PIK/Cash Senior Secured Notes due 2029 at 13.00% per annum, consisting of cash interest at a rate of 8.75% per annum and p maturing earlier of (a) March 1, 2029 and (b) any date, if any, on or after December 1, 2027 on which (a) the aggregate principal amount of the 1.00% Convertible Senior.
- Instrument
- senior notes
- Principal
- $135,000,000 in aggregate principal amount of the Company’s 4.25%/8.75% PIK/Cash Senior Secured Notes due 2029
- Rate
- 13.00% per annum, consisting of cash interest at a rate of 8.75% per annum and p
- Maturity
- earlier of (a) March 1, 2029 and (b) any date, if any, on or after December 1, 2027 on which (a) the aggregate principal amount of the 1.00% Convertible Senior
- Event
- incurrence
Exact text from the filing
the Company issued $135,000,000 in aggregate principal amount of New Notes pursuant to that certain Indenture, dated as of the Effective Date (the “Indenture”), by and among the Company, the Guarantors (as defined in the Indenture) party thereto from time to time and GLAS Trust Company LLC, as trustee and notes collateral agent.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.85
TheRealReal, Inc. reported financial results for the quarter and fiscal year ended December 31, 2023.
- Period
- the quarter and fiscal year ended December 31, 2023
- Result
- reported results
Exact text from the filing
On February 29, 2024, The RealReal, Inc. (“The RealReal”) issued a press release announcing its financial results for the quarter and fiscal year ended December 31, 2023.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
TheRealReal, Inc. entered into Indenture with GLAS Trust Company LLC valued at $135,000,000 (effective 2024-02-29).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- GLAS Trust Company LLC
- Value
- $135,000,000
- Effective
- 2024-02-29
Exact text from the filing
On the Effective Date, in connection with the Exchange Transactions, the Company issued $135,000,000 in aggregate principal amount of New Notes pursuant to that certain Indenture, dated as of the Effective Date (the “Indenture”), by and among the Company, the Guarantors (as defined in the Indenture) party thereto from time to time and GLAS Trust Company LLC, as trustee and notes collateral agent.
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
TheRealReal, Inc. entered into Exchange Agreements with certain Noteholders valued at $135,000,000 (effective 2024-02-29).
- Action
- entry
- Agreement
- notes offering
- Counterparty
- certain Noteholders
- Value
- $135,000,000
- Effective
- 2024-02-29
Exact text from the filing
On February 29, 2024 (the “Effective Date”), the Company entered into private, separately negotiated exchange agreements (collectively, the “Exchange Agreements”) with certain Noteholders (as defined therein), pursuant to which the parties agreed to exchange (i) $145,751,000 in aggregate principal amount of the holders’ 3.00% Convertible Senior Notes due 2025 and (ii) $6,480,000 in aggregate principal amount of the holders’ 1.00% Convertible Senior Notes due 2028 (clauses (i) and (ii) together, the “Exchanged Notes”) for (a) $135,000,000 in aggregate principal amount of the Company’s 4.25%/8.75% PIK/Cash Senior Secured Notes due 2029
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