TheRealReal, Inc.

TheRealReal, Inc. (REAL) priced its initial public offering on Jun 28, 2019 at $20.00 per share, raising $300M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.65B. Credit Suisse was lead-left underwriter, joined by UBS, KeyBanc and Stifel and others. Sidley Austin advised the company and Wilson Sonsini advised the underwriters.

The RealReal, Inc. runs an online marketplace for authenticated, consigned luxury goods, providing an end-to-end service that brings in supply from consignors and sells curated pre-owned items to buyers. Categories include women's, men's and kids' fashion, jewelry and watches, and home and art.

Status

IPO

Ticker

REAL

Exchange

Nasdaq Global Select

Priced

Jun 28, 2019

IPO price

$20.00

Raised

$300M

Market cap at IPO price

$1.65B

First filed

May 31, 2019

Underwriters

Credit Suisse, UBS, KeyBanc, Stifel, TD Cowen and Raymond James

Company counsel

Sidley Austin

Underwriters' counsel

Wilson Sonsini

Sector

Consumer

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.