ThredUp (TDUP) Announces Launch of Public Offering
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thredUP Announces Launch of Public Offering
July 26, 2021 4:12 PM EDTOAKLAND, Calif., July 26, 2021 (GLOBE NEWSWIRE) -- ThredUp Inc. (Nasdaq: TDUP) (thredUP), one of the largest online resale platforms for womens and kids apparel, shoes and accessories, announced today the launch of the public offering of 6,424,369 shares of its Class A common stock, consisting of 2,000,000 shares to be issued and sold by thredUP and 4,424,369 shares to be sold by existing stockholders of thredUP. The selling stockholders are expected to grant the underwriters a 30-day option to purchase up to 963,655 additional shares of Class A common stock. The offering is subject to market... More
