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Rent the Runway, Inc. stockholders at the 2026 Annual Meeting approved several significant governance-related…
RENTRent the Runway, Inc.
Rent the Runway, Inc. stockholders at the 2026 Annual Meeting approved several significant governance-related amendments to the Certificate of Incorporation, including the elimination of supermajority voting provisions and the authorization of special meetings by stockholders holding at least 40% of voting power. Additionally, the company has increased the maximum number of shares authorized for issuance under its 2021 Incentive Award Plan to 10,171,225. Suchi Sastri was appointed to the Board of Directors and the Audit Committee, which allowed the company to regain compliance with Nasdaq listing rules. Rent the Runway, Inc. is a fashion rental and resale resale-based clothing company.