Tech Company Inital Public Offerings
The RealReal IPO
The RealReal was acquired by . The RealReal shares started trading on 6/28/2019.
Transaction Overview
Company Name
Announced On
6/28/2019
Transaction Type
IPO
Amount
$300,000,000
Proceeds Purpose
We intend to use the net proceeds from this offering for general corporate purposes, including working capital, operating expenses and capital expenditures. In addition, 1% of the net proceeds will be used to fund The RealReal Foundation, a Delaware non-profit organization formed to engage in charitable activities. We will also use a portion of the net proceeds to pay a $0.3 million success fee to the lender under our term loan facility payable upon completion of this offering. We may also use a portion of the net proceeds to acquire, invest in or obtain rights to complementary technologies, products, services or businesses. There are no such transactions under consideration at this time.
Company Information
Company Status
Publicly-held
Industry
Internet & IoT
Mailing Address
1550-G Tiburon Blvd.
Tiburon, CA 94920
USA
Tiburon, CA 94920
USA
Phone
Website
Email Address
Overview
Offering authenticated, pre-owned, women's and men's designer brands including Chanel, Hermès, Manolo Blahnik, Gucci and Cartier - all at up to 90 percent off retail prices -The RealReal (Nasdaq: REAL) eliminates the uncertainty of purchasing luxury brands online and places the world of luxury at your fingertips.
Management Team
Title
Name
Email & Social
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