thredUP Announces Pricing of Public Offering

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Go back to thredUP Announces Pricing of Public Offering

ThredUp (TDUP) Prices 6.42M Share Offering at $24.25/sh

July 29, 2021 5:47 AM EDT

ThredUp Inc. (Nasdaq: TDUP) one of the largest online resale platforms for womens and kids apparel, shoes and accessories, announced today the pricing 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, at a public offering price of $24.25 per share. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to 963,655 additional... More