TheRealReal IPO – What you need to know


TheRealReal is the world’s largest online marketplace, filed for an IPO with NASDAQ under the symbol “REAL”.

TheRealReal offering 15.0 million shares at a price range of $17.00 – $19.00.

Manager and Joint Managers- Credit Suisse, BofA Merrill Lynch, UBS Investment Bank. KeyBanc Capital Markets, Stifel, Cowen and Raymond James act as co-managers. The IPO is expected to price on June 28, 2019.

The Business

TheRealReal is the world’s largest online marketplace for authenticated, consigned luxury goods. We are revolutionizing luxury resale by providing an end-to-end service that unlocks supply from consignors and creates a trusted, curated online marketplace for buyers globally. Over the past eight years, we have cultivated a loyal and engaged consignor and buyer base through continuous investment in our technology platform, logistics infrastructure and people.

The IPO is expected to trade on NASDAQ on June 28, 2019

Featured photo credit to internet