ThredUp prices 6.42M share offering at $24.25; nets $45.3M for growth

ThredUp Inc.

Offering of 2M new shares from ThredUp and 4.42M from selling stockholders at $24.25/share.
Underwriters fully exercised option for 963,655 additional shares from selling stockholders.
Company net proceeds of approximately $45.3M after discounts and commissions.
Proceeds intended for working capital, general corporate purposes, and growth strategies.
ThredUp received no proceeds from shares sold by existing stockholders.

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