ThredUp Files For IPO
Mar 05, 2021
In a move that demonstrates the continued popularity of the secondhand apparel market, ThredUp on Wednesday announced it filed an S-1 with the U.S. Securities and Exchange Commission for an initial public offering, according to a company press release. ThredUp listed the size of the offering as $100 million and has applied to list on the Nasdaq under the ticker symbol TDUP. Underwriters include Goldman Sachs and Morgan Stanley. The number of shares to be offered and the price range for the proposed offering have not yet been determined, according to the company. Read more at Retail Dive.