Reformation Inc. Completes IPO; Amends Certificate of Incorporation & Bylaws

What Happened

• Reformation Inc. announced on July 31, 2026 that it completed its initial public offering (IPO) of 14,062,500 shares of common stock at $15.00 per share. The aggregate gross proceeds to the Company and the selling stockholders were approximately $210.9 million, before underwriting discounts, commissions and offering expenses.
• The Company’s amended and restated certificate of incorporation and amended and restated bylaws became effective as of the closing of the IPO. These governance documents had been approved by the board and stockholders and are described in the Company’s final prospectus dated July 29, 2026; the actual amended documents are filed as exhibits to the 8-K.

Key Details

• IPO closing date: July 31, 2026.
• Shares sold in offering: 14,062,500; offering price: $15.00 per share.
• Selling stockholders sold 4,583,679 shares; the Company did not receive proceeds from those selling-stockholder sales.
• Aggregate gross proceeds (Company + selling stockholders): ≈ $210.9 million (amounts reported before underwriting discounts/commissions and estimated offering expenses).

Why It Matters

• The IPO marks Reformation’s transition to a publicly traded company, providing capital and a public market for its shares. The reported gross proceeds indicate the overall size of the offering (before fees and expenses).
• The amended and restated certificate of incorporation and bylaws, now effective, set the company’s governance and capital structure terms that apply to public shareholders. Investors should review those documents (and the prospectus) for details on shareholder rights, board matters, and other governance provisions.