INVESTOR ALERT: Pomerantz law Firm investigates claims on behalf of investors of Rent the Runway, Inc.- RENT. October 13, 2026 17:41 ET | Source: Pomerantz LLP NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) - Pomerantz LLP is investigating claims on behalf of investors of Rent the Runway, Inc. ("Rent the Runway" or the "Company") (NASDAQ: RENT). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. The investigation concerns whether Rent the Runway and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. On September 11, 2026, Rent the Runway reported its financial results for the second quarter of its 2026 fiscal year. Among other items, the Company reported a 3.8% year-over-year decline in active subscribers. Rent the Runway also issued disappointing third-quarter guidance (revenue of $87 million to $90 million and a negative adjusted EBITDA margin of 3%-6%), announced a dilutive $15 million rights offering and $10 million term loan for liquidity, and paused key growth initiatives. On this news, Rent the Runway's stock price fell $0.37 per share, or 13.12%, to close at $2.45 per share on September 11, 2026. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Rent the Runway has secured a $15 million rights offering backstopped by its largest investors. The fashion rental company entered into an agreement on 11 September 2026 with CHS US Investments, Gateway Runway and S3 RR Aggregator, which will purchase any unsubscribed shares. Under the arrangement, existing Class A shareholders will receive transferable subscription rights to buy shares at a price equal to the greater of $3.55 or the 15-day volume-weighted average price through the record date. CHS will backstop 70% of the offering, with Gateway and S3 each covering 15%. The backstop ensures Rent the Runway receives the full $15 million regardless of shareholder participation. The company said the capital raise aims to strengthen its financial position and flexibility.