ThredUp launches 6.4M-share public offering; files preliminary Q2 results

ThredUp Inc.

Offering includes 2M new shares from ThredUp and 4.42M from existing stockholders.
Underwriters have 30-day option to buy up to 963,655 additional shares.
Net proceeds to be used for working capital, general corporate purposes, and growth.
Preliminary Q2 2021 financial estimates filed in S-1 but specific figures not disclosed.

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