Rent the Runway launches $15 million rights offering at $3.55

Rent the Runway launched a $15 million rights offering for holders of Class A common stock. One right issued per share held at 5:00 p.m. New York time on Sept. 25, 2026. Each right allows purchase of 0 shares of Class A common stock at a subscription price of $3.55. Rights expire at 5:00 p.m. New York time on Oct. 14, 2026, unless extended.