Rent the Runway, Inc. 8-K

What Happened
Rent the Runway, Inc. (RENT) announced in an 8-K filed Feb 3, 2026 that on January 28, 2026 it entered into a First Amendment to its Amended and Restated Credit Agreement (originally dated October 28, 2025) with the lenders and CHS (US) Management LLC as administrative agent. The First Amendment removes the credit agreement’s minimum liquidity covenant. A copy of the amendment is attached as Exhibit 10.1 to the filing.

Key Details

• Amendment executed on January 28, 2026; original Credit Agreement dated October 28, 2025.
• Parties: Rent the Runway (borrower), the lenders party to the Credit Agreement, and CHS (US) Management LLC as administrative agent.
• The amendment specifically eliminates the minimum liquidity covenant from the Credit Agreement.
• The full text of the First Amendment is included as Exhibit 10.1 to the Form 8-K.

Why It Matters
Removing a minimum liquidity covenant changes a contractual requirement that previously required the company to maintain a specified level of cash or readily available liquidity under its loan terms. For investors, this can affect how the company manages cash and its compliance framework with lenders; it may provide the company greater flexibility in liquidity management but also changes lender protections tied to that covenant. Investors should watch for any further disclosures about the company’s liquidity, borrowing terms, or additional amendments to its financing arrangements.