secwatch.observer — SEC 8-K summary
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Issuer:     ThredUp Inc. (TDUP)
CIK:        0001484778
Form:       8-K
Filed at:   2021-08-02T23:59:59+00:00
Accession:  0001628280-21-015156
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1484778/000162828021015156/0001628280-21-015156-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1484778/000162828021015156/thredupclosing8-kfollowon.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-015156

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer