Skip to main content
Capital

Rent the Runway files S-1 for $15 million rights offering

Rent the Runway, Inc. filed a Form S-1 registration statement with the SEC on September 11, 2026, proposing a rights offering of up to 4,225,352 shares of Class A Common Stock at up to $15 million. The company, which trades on Nasdaq under the symbol RENT, is distributing subscription rights to existing stockholders. An investor group including CHS, Nexus, and STORY3 agreed to backstop unsubscribed shares. The filing also discloses a $10 million incremental term loan and a settlement of a putative class action lawsuit related to the company's IPO.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from SEC EDGAR and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
AI Science
AI Science

NASA and IBM release open lunar foundation model on Hugging Face

NASA and IBM Research released the NASA-IBM Lunar Foundation Model, an open-source AI model built for lunar science, hosted publicly on Hugging Face with its codebase on GitHub. NASA said the model was trained primarily on 17 yea...

Security Policy
Security Policy

Florida confirms DMV driver database breach via stolen police credentials

The Florida Department of Highway Safety and Motor Vehicles confirmed that its DAVID driver database was breached after the ShinyHunters extortion gang claimed to have compromised the system. The agency said it learned of the bre...

Security
Security

Wiz reports Artifactory flaw chain exploited to plant Rust backdoor

Wiz says multiple threat actors chained two JFrog Artifactory vulnerabilities, CVE-2026-42018 and CVE-2026-42016, against self-hosted servers between August 15 and September 8, 2026, obtaining an internal anonymous-user JWT and ex...