RENT
Backstop Purchasers agree to fund Rights Offering
Rent the Runway secured agreements from CHS, Nexus, and Story3 to purchase shares, ensuring the company receives $15 million in capital.
RENT news
Latest 4 stories · newest Sep 11, 2026
RENT
RENT appoints Sastri to Audit Committee and restores Nasdaq compliance
Rent the Runway's board appointed Suchi Sastri to the Audit Committee on July 14, 2026. This move restores the company's compliance with Nasdaq listing rules.
RENT
Rent the Runway Q1 2026 revenue grew 29.2% YoY to $89.9M, exceeding guidance
Rent the Runway reported Q1 2026 results with total revenue of $89.9 million, up 29.2% year-over-year, while add-on revenue surged 70.4% YoY. The company also announced leadership changes with Teri Bariquit as interim CEO replacing co-founder Jennifer Hyman, alongside new Chief Commercial Officer an…
RENT
Rent the Runway CFO Siddharth Thacker to resign effective June 3, 2026
Siddharth Thacker tendered his resignation as Chief Financial Officer of Rent the Runway, effective June 3, 2026, to pursue other opportunities, with no disagreement cited. The company is searching for a replacement CFO and reaffirmed its full year 2026 guidance.
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