Rent the Runway, Inc.
For the period ended Oct 31, 2025. Filed Dec 12, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 31, 2025 · Filed Dec 12, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
12. Stockholders’ Equity
- Stockholders’ Equity
Rights Offering
See “Note 4 - Recapitalization Transactions” for information regarding the rights offering.
Common Stock
Holders of Class A common stock are entitled toone vote per share and holders of Class B common stock are entitled totwenty votes per share, as well as dividends if and when declared by the Board and, upon liquidation, dissolution, winding up or other liquidation event of the Company, all assets available for distribution to common stockholders. There are no redemption provisions with respect to common stock.
In connection with the closing of the Recapitalization Transactions, all outstanding shares of the Company’s Class B common stock were converted into shares of Class A common stock on a one-for-one basis, such that no shares of Class B common stock remain outstanding. However, Ms. Hyman holds a RSU award relating to 159 shares of Class B common stock that is subject to delayed settlement in connection with the Recapitalization Transactions. See “Note 4— Recapitalization Transactions”and Note 13 — “Share-based Compensation Plans” in the Notes to the Condensed Consolidated Financial Statements for more information.
Preferred Stock
Upon the IPO, the Company authorized 10,000,000 shares of preferred stock, with a par value of $0.001 per share. No shares were issued or outstanding as of October 31, 2025.
RENT THE RUNWAY, INC.Notes to Condensed Consolidated Financial Statements
Warrants
As of October 31, 2025 and January 31, 2025, the Company had the following outstanding warrants:
| Outstanding Warrants · DateIssued · Number ofShares · Class ofShares · ExercisePrice (Per Warrant) · Fair Valueat Issuance | ||||||
|---|---|---|---|---|---|---|
| Equity classified: | ||||||
| TriplePoint | Nov-16 | 4,144 | Common | $150.80 | $0.3 | |
| TriplePoint | Jun-17 | 911 | Common | 150.80 | 0.1 | |
| TriplePoint | Sep-17 | 746 | Common | 150.80 | 0.1 | |
| TriplePoint | Jan-18 | 828 | Common | 150.80 | 0.1 | |
| TriplePoint | Apr-18 | 828 | Common | 150.80 | 0.1 | |
| TriplePoint | Nov-15 | 1,760 | Common | 340.77 | 0.2 | |
| TriplePoint | Jun-16 | 1,408 | Common | 340.77 | 0.2 | |
| TriplePoint | Sep-16 | 1,232 | Common | 340.77 | 0.1 | |
| CHS (US) Management LLC | Oct-21 | 19,717 | Common | 420.00 | 5.3 | |
| CHS (US) Management LLC | Jan-23 | 100,000 | Common | 100.00 | 6.9 | |
| 131,574 | $13.4 | |||||
As of October 31, 2025 and January 31, 2025, all outstanding warrants were equity-classified and recorded as additional paid-in capital. Equity-classified contracts are not subsequently remeasured unless reclassification is required from equity to liability classification.
The fair value was estimated using the Black-Scholes option pricing model. The fair value is subjective and is affected by changes in inputs to the valuation model including the fair value per share of the underlying stock, the expected term of each warrant, volatility of the Company’s stock and peer company stock, and risk-free rates based on the U.S. Treasury yield curves.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.