The RealReal Announces 2020 Annual Meeting Will be Held Virtually

Rhea-AI Summary

The RealReal, Inc. (Nasdaq: REAL) announced that its 2020 Annual Meeting of stockholders will be held virtually on June 16, 2020, at 9:00 a.m. Pacific Time due to COVID-19 and ongoing restrictions in California. Stockholders as of April 20, 2020, can participate using a 16-digit control number from proxy materials. A notice about this change will be filed with the SEC, and additional details regarding participation and voting are provided in the notice.

Positive

• Virtual meeting allows participation despite COVID-19 restrictions, maintaining shareholder engagement.

Negative

• Shift to virtual meeting may limit in-person interaction and networking opportunities for shareholders.

SAN FRANCISCO, June 05, 2020 (GLOBE NEWSWIRE) -- The RealReal, Inc. (Nasdaq: REAL)—the world’s largest online marketplace for authenticated, consigned luxury goods—announced that, due to the ongoing public health impact of the coronavirus pandemic (COVID-19) and continued restrictions on public interactions in California, the company will not hold its 2020 Annual Meeting of stockholders in person.

The Annual Meeting will be held on Tuesday, June 16, 2020, at 9:00 a.m. Pacific Time in a virtual format only at www.virtualshareholdermeeting.com/real2020. As described in the proxy materials for the Annual Meeting previously distributed, stockholders as of the close of business on April 20, 2020, the record date, are entitled to participate in the Annual Meeting. To participate, stockholders will need the 16-digit control number included in the proxy materials they received.

A notice regarding the change of location of the Annual Meeting is being filed with the Securities and Exchange Commission together with this press release. Additional information regarding the Annual Meeting, stockholder participation and voting is provided in the notice.

About The RealReal, Inc.
The RealReal is the world’s largest online marketplace for authenticated, consigned luxury goods. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. We have 150+ in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, we give new life to pieces by hundreds of brands, from Gucci to Cartier, supporting the circular economy. We make consigning effortless with free in-home pickup, drop-off service and direct shipping for individual consignors and estates. At our stores in LA, NYC and San Francisco, customers can shop, consign, and meet with our experts. At our 10 Luxury Consignment Offices, three of which are in our retail stores, our expert staff provides free valuations.

Investor Relations Contact:
Paul Bieber
Head of Investor Relations
paul.bieber@therealreal.com

Press Contact:
Erin Santy
Head of Communications
pr@therealreal.com

 

FAQ

When is The RealReal's 2020 Annual Meeting?

The RealReal's 2020 Annual Meeting will be held virtually on June 16, 2020, at 9:00 a.m. Pacific Time.

How can I participate in The RealReal's Annual Meeting?

Stockholders can participate in The RealReal's Annual Meeting by using the 16-digit control number included in the proxy materials.

Why is The RealReal holding a virtual Annual Meeting?

The RealReal is holding a virtual Annual Meeting due to the ongoing public health impacts of COVID-19 and restrictions on public gatherings.

What is the record date for participation in The RealReal's Annual Meeting?

The record date for participation is April 20, 2020.

Where can I find more information about The RealReal's Annual Meeting?

Additional information about The RealReal's Annual Meeting is provided in the notice filed with the SEC.