ThredUp Inc. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-20 meeting.
“The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.”
Shareholder Votes
ThredUp Inc. shareholders approved Election of Class II directors to serve until the 2029 annual meeting at the 2026-05-20 meeting.
“The stockholders elected each of the persons named below as Class II directors to serve until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified.”
Earnings Releases
ThredUp Inc. updated its full year 2026 guidance (raised).
“Issued a revised full year 2026 financial outlook, raising expectations for Revenue, Gross Margin and Adjusted EBITDA margin”
Earnings Releases
ThredUp Inc. reported first quarter ended March 31, 2026 results: revenue $81.7 million, net income $6.5 million. Guidance raised.
“Exchange Act, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- ThredUp Announces First Quarter 2026 Results • Quarterly revenue of $81.7 million, representing an increase of 15% year-over-year • Quarterly gross margin of 79.2% and an increase in gross profit of 15% year-over-year • Record Active Buyers of 1.71 million,”
Debt Financings
ThredUp Inc. amended credit facility of reduce the aggregate commitment under "Term B Loan" facility from $22,500,000 to $10,000,000 with Western Alliance Bank (as agent) at Term SOFR plus an applicable margin of 3.25% per annum maturing July 10, 2030.
“On January 30, 2026, ThredUp Inc. (the “Company”) together with certain of its subsidiaries as co-borrowers (collectively with the Company, the “Borrowers”) entered into that certain Amendment No. 2 to Second Amended and Restated Loan and Security Agreement (the “Amendment”) with the lenders party thereto (the “Lenders”) and Western Alliance Bank, as agent (the “Agent”). The Amendment amends that certain Second Amended and Restated Loan and Security Agreement, dated July 14, 2022, between the Borrowers, the Lenders and the Agent (as amended, the “Loan Agreement”), to, among other things, reduce the aggregate commitment under “Term B Loan” facility provided by the Loan Agreement from $22,500,000 to $10,000,000. No amounts have been borrowed under the Term B Loan facility. The Amendment also extends the Loan Agreement maturity from July 14, 2027 to July 10, 2030, and the Amendment also changes the reference interest rate on any outstanding principal amount from the Wall Street Journal Pr”
Material Agreements
ThredUp Inc. amended Amendment No. 2 to Second Amended and Restated Loan and Security Agreement with the lenders party thereto and Western Alliance Bank, as agent valued at from $22,500,000 to $10,000,000 (effective 2026-01-30).
“On January 30, 2026, ThredUp Inc. (the “Company”) together with certain of its subsidiaries as co-borrowers (collectively with the Company, the “Borrowers”) entered into that certain Amendment No. 2 to Second Amended and Restated Loan and Security Agreement (the “Amendment”) with the lenders party thereto (the “Lenders”) and Western Alliance Bank, as agent (the “Agent”).”
Jack Lazar resigned as Director at ThredUp Inc..
“On April 8, 2025 , Jack Lazar notified the board of directors (the “Board”) of ThredUp Inc. (the “Company”) of his intent to resign from the Board, effective at the conclusion of the Company’s 2025 Annual Meeting of Stockholders on May 21, 2025 (the “2025 Annual Meeting”).”
M&A Transactions
ThredUp Inc. completed a disposition involving Florin Filote for €1.00 (one Euro) (closed 2024-11-30).
“(the “Company”) entered into a Stock Purchase Agreement (the “SPA”), by and among the Company and Florin Filote, the general manager of the Company’s European business and Bulgarian subsidiary, Remix Global EAD (“Remix”).”
Noam Paransky was appointed as Class III director at ThredUp Inc..
“On June 23, 2024, the board of directors (the "Board") of ThredUp Inc. (the "Company") appointed Noam Paransky to the Board as a Class III director, effective as of June 23, 2024.”
Earnings Releases
ThredUp Inc. reported the first quarter ended March 31, 2024 results: revenue $79.6 million, net income $16.6 million.
“Act, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- ThredUp Announces First Quarter 2024 Results • First quarter revenue of $79.6 million, representing an increase of 5% year-over-year. • First quarter gross margin of 69.5% and an increase in gross profit of 8% year-over-year. • Active Buyers of 1.7 million and”
Marcie Vu departed as Class III Director at ThredUp Inc..
“On March 19, 2024 , Marcie Vu notified the board of directors (the “Board”) of ThredUp Inc. (the “Company”) of her intent not to stand for reelection as a Class III Director of the Company upon the expiration of her current term, which expires at the Company’s 2024 Annual Meeting of Stockholders (the “2024 Annual Meeting”).”
Earnings Releases
ThredUp Inc. reported financial results for quarter and full year ended December 31, 2023.
“On March 4, 2024, ThredUp Inc. (the “Company”) held a conference call to discuss its financial results for the quarter and full year ended December 31, 2023 (the “Conference Call”).”
Earnings Releases
ThredUp Inc. reported financial results for the quarter and full year ended December 31, 2023.
“On March 4, 2024, ThredUp Inc. (the “Company”) issued a press release announcing its financial results for the quarter and full year ended December 31, 2023.”
Material Agreements
ThredUp Inc. amended First Amendment to the Second Amended and Restated Loan and Security Agreement with Western Alliance Bank, as agent valued at reduce the aggregate commitment under "Term B Loan" facility from $38,000,000 to $22,500,000 (effective 2023-12-14).
“On December 14, 2023, ThredUp Inc. (the “Company”) together with certain of its subsidiaries as co-borrowers (collectively with the Company, the “Borrowers”) entered into the First Amendment to the Second Amended and Restated Loan and Security Agreement (the “Amendment”) with the lenders party thereto (the “Lenders”) and Western Alliance Bank, as agent (the “Agent”).”
Earnings Releases
ThredUp Inc. reported third quarter ended September 30, 2023 results: revenue $82.0 million, net income $18.1 million. Guidance initiated.
“the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- • Quarterly revenue of $82.0 million, representing an increase of 21% year-over-year. • U.S. business reached quarterly adjusted EBITDA breakeven for first time in company’s history. • Third quarter gross margin of”
Earnings Releases
ThredUp Inc. reported second quarter ended June 30, 2023 results: revenue $82.7 million, net income $18.8 million. Guidance initiated.
“the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- • Quarterly revenue of $82.7 million, representing an increase of 8% year-over-year. • Second quarter gross margin of 67.4% and an increase in gross profit of 6% year-over-year. • Active Buyers of 1.7 million and”
Anthony Marino resigned as President at ThredUp Inc..
“On July 11, 2023, Anthony Marino informed the Company of his intention to resign as President of the Company.”
Shareholder Votes
ThredUp Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm - Deloitte & Touche LLP at the 2023-05-24 meeting.
“Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of such vote were: Votes For Votes Against Abstentions 361,898,901 148,700 122,028”
Shareholder Votes
ThredUp Inc. shareholders approved Election of Class II directors to serve until the 2026 annual meeting of stockholders at the 2023-05-24 meeting.
“Proposal 1 - Election of Directors. The stockholders elected each of the persons named below as Class II directors to serve until the 2026 annual meeting of stockholders or until their successors are duly elected and qualified. The results of such vote were: Nominee Votes For Votes Withheld Broker Non-Votes Jack Lazar 330,202,843 22,011,024 9,955,762 Dan Nova 329,730,460 22,483,407 9,955,762 James Reinhart 333,659,952 18,553,915 9,955,762”
Earnings Releases
ThredUp Inc. reported Fiscal year 2023 results: revenue $320 million to $330 million.
“For fiscal year 2023, thredUP expects: • Revenue in the range of $320 million to $330 million”
Earnings Releases
ThredUp Inc. reported Second quarter 2023 results: revenue $80 million to $82 million.
“For second quarter 2023, thredUP expects: • Revenue in the range of $80 million to $82 million”
Jack Lazar changed role as Class II Director at ThredUp Inc..
“the Board nominated Jack Lazar to stand for election as a Class II Director at the Annual Meeting. On March 24, 2023, Mr. Lazar notified the Board of his intention to resign as a Class III Director at the conclusion of the Annual Meeting, contingent upon his election as a Class II Director at such meeting.”
Paula Sutter departed as Class II Director at ThredUp Inc..
“Paula Sutter notified the board of directors (the “Board”) of ThredUp Inc. (the “Company”) of her intent not to stand for reelection as a Class II Director of the Company upon the expiration of her current term, which expires at the Company’s 2023 Annual Meeting of Stockholders (the “Annual Meeting”).”
Earnings Releases
ThredUp Inc. reported the full year ended December 31, 2022 results: revenue $288.4 million, net income GAAP net loss attributable to common stockholders of $92.3 million.
“revenue of $71.3 million, representing a 2% decline year-over-year. Fourth quarter gross margin of 63.1% and gross profit decline of 7% year-over-year. • Full year revenue of $288.4 million, representing 15% growth year-over-year. Full year gross margin of 66.7% and gross profit growth of 8% year-over-year. • Active Buyers of 1.7 million and Orders of 1.5 million in”
Earnings Releases
ThredUp Inc. reported the quarter ended December 31, 2022 results: revenue $71.3 million, net income GAAP net loss attributable to common stockholders was $19.5 million.
“regardless of any general incorporation language in such filing. --- EX-99.1 (EX-99.1) --- thredUP Announces Fourth Quarter and Full Year 2022 Results • Quarterly revenue of $71.3 million, representing a 2% decline year-over-year. Fourth quarter gross margin of 63.1% and gross profit decline of 7% year-over-year. • Full year revenue of $288.4 million, representing”
Governance Changes
ThredUp Inc.: Amended and restated bylaws to conform to recent DGCL amendments, update advance notice provisions, and address Universal Proxy Rules (effective 2023-02-16).
“On February 16, 2023, in connection with the effectiveness of new Securities and Exchange Commission rules regarding universal proxy cards, certain recent changes to the Delaware General Corporation Law (the “DGCL”), and a periodic review of the bylaws of ThredUp Inc. (the “Company”), the Company’s board of directors (the “Board”) approved and adopted the Company’s amended and restated bylaws (the “Amended and Restated Bylaws”), effective immediately”
Earnings Releases
ThredUp Inc. reported third quarter ended September 30, 2022 results: revenue Total revenue of $67.9 million, net income Net loss was $23.7 million. Guidance initiated.
“Third Quarter 2022 Financial Highlights • Revenue: Total revenue of $67.9 million, an increase of 7% year-over-year. • Gross Profit and Gross Margin: Gross profit totaled $44.5 million, representing a decline of 3% year-over-year. Gross margin was 65.5% as compared to 72.8% in the third quarter last year. • Net Loss: Net loss was $23.7 million, or a negative 34.8% of revenue, for the third quarter 2022, compared to a net loss of $14.7 million, or a negative 23.3% of revenue, for the third quarter 2021.”
Norman Matthews departed as Class I Director at ThredUp Inc..
“On March 8, 2022 , Norman Matthews notified the Board of his intent not to stand for reelection as a Class I Director of the Company upon the expiration of his current term, which expires at the Annual Meeting.”
Greg Bettinelli departed as Class I Director at ThredUp Inc..
“On March 8, 2022 , Greg Bettinelli notified the board of directors (the “Board”) of ThredUp Inc. (the “Company”) of his intent not to stand for reelection as a Class I Director of the Company upon the expiration of his current term, which expires at the Company’s 2022 Annual Meeting of Stockholders (the “Annual Meeting”).”
Coretha Rushing was appointed as Class I director at ThredUp Inc..
“On January 12, 2022, the board of directors (the “Board”) of ThredUp Inc. (the “Company”) appointed Coretha Rushing to the Board as a Class I director, effective as of January 13, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.