
Corporate ActionAug 3, 2026, 05:19 PM
Reformation Completes IPO, Raises $210.9M Gross Proceeds
AI Summary
Reformation Inc. successfully completed its Initial Public Offering (IPO) on July 31, 2026, offering 14,062,500 shares of common stock at $15.00 per share. The IPO generated approximately $210.9 million in aggregate gross proceeds before deducting underwriting discounts and estimated offering expenses. Concurrently, the company's amended and restated certificate of incorporation and bylaws became effective.
Key Highlights
- Initial Public Offering completed on July 31, 2026
- 14,062,500 shares of common stock offered in IPO
- Public offering price was $15.00 per share
- Aggregate gross proceeds were approximately $210.9 million
- Selling stockholders sold 4,583,679 shares
- Company did not receive proceeds from selling stockholders' shares
- Amended and restated certificate of incorporation became effective
- Amended and restated bylaws became effective
Price Impact
More from REF