Corporate ActionJul 20, 2026, 07:06 AM

Reformation Sets IPO Price Range $15-$17; Offers 14.06M Shares

AI Summary

Reformation Inc. filed an S-1/A registration statement for its initial public offering, proposing to offer 9,478,821 shares of common stock, with selling stockholders offering an additional 4,583,679 shares, totaling 14,062,500 shares. The expected IPO price range is $15.00 to $17.00 per share, and the company's common stock will be listed on the NYSE under the symbol "REF". The company reported $507.1 million in net revenue for 2025 and $112.3 million in Q1 2026, representing a 30.4% year-over-year increase, alongside $45.0 million in Adjusted EBITDA for 2025.

Key Highlights

Reformation Inc. offering 9,478,821 common shares in IPO.
Selling stockholders offering 4,583,679 common shares.
Total IPO offering of 14,062,500 common shares.
Expected IPO price range between $15.00 and $17.00 per share.
Common stock to be listed on NYSE under "REF".
2025 net revenue reached $507.1 million, 19% CAGR from 2023.
Q1 2026 net revenue grew 30.4% YoY to $112.3 million.
2025 Adjusted EBITDA was $45.0 million, 8.9% of net revenue.

View SEC Filing

REF

Women's, Misses': and Juniors Outerwear

Reformation Inc.

Price Impact