ThredUp Inc. (TDUP) Prices 12M Share IPO at $14/Sh

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Go back to ThredUp Inc. (TDUP) Prices 12M Share IPO at $14/Sh

thredUP Announces Pricing of Initial Public Offering

March 25, 2021 7:40 PM EDT

OAKLAND, Calif., March 25, 2021 /PRNewswire/ --ThredUp Inc. (thredUP) today announced the pricing of its initial public offering of 12,000,000 shares of its Class A common stock at a price to the public of $14.00 per share. The shares are expected to begin trading on the Nasdaq Global Select Market on March 26, 2021 under the symbol "TDUP", and the offering is expected to close on March 30, 2021, subject to customary closing conditions. In addition, thredUP has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.

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