TheRealReal Changes Principal Executive Office Address
Ticker: REAL · Form: 8-K · Filed: Jan 30, 2024 · CIK: 1573221
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance
TL;DR
**TheRealReal moved its main office to a different suite in the same building.**
AI Summary
TheRealReal, Inc. filed an 8-K on January 30, 2024, reporting a change in its principal executive offices. The company's new address is 55 Francisco Street, Suite 150, San Francisco, CA 94133, moving from Suite 400 at the same street. This matters to investors as it indicates a minor operational change, potentially related to optimizing office space or internal restructuring, which could impact overhead costs or employee logistics, though the filing itself doesn't specify the 'why'.
Why It Matters
This filing indicates a minor operational change for TheRealReal, Inc., specifically a change in their principal executive office address within the same building. While seemingly small, such moves can sometimes signal efforts to optimize real estate costs or accommodate changes in workforce size, which could indirectly affect the company's financial health.
Risk Assessment
Risk Level: low — The change of address to a different suite within the same building is a minor administrative update and poses very low risk to investors.
Analyst Insight
A smart investor would note this minor administrative change but recognize it has no direct material impact on the company's financial performance or strategic direction. No immediate action is warranted based solely on this filing.
Key Players & Entities
- TheRealReal, Inc. (company) — Registrant
- 55 Francisco Street, Suite 150, San Francisco, CA 94133 (address) — New Principal Executive Offices
- 55 Francisco Street, Suite 400, San Francisco, CA 94133 (address) — Former Principal Executive Offices
- January 29, 2024 (date) — Date of earliest event reported
- January 30, 2024 (date) — Filed as of date
FAQ
What is the primary event reported in this 8-K filing by TheRealReal, Inc.?
The primary event reported in this 8-K filing is a change in TheRealReal, Inc.'s principal executive offices, specifically a move from Suite 400 to Suite 150 at 55 Francisco Street, San Francisco, CA 94133.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on January 29, 2024, which is the date the change of address became effective.
What was TheRealReal, Inc.'s former principal executive office address?
TheRealReal, Inc.'s former principal executive office address was 55 Francisco Street, Suite 400, San Francisco, CA 94133.
What is TheRealReal, Inc.'s new principal executive office address?
TheRealReal, Inc.'s new principal executive office address is 55 Francisco Street, Suite 150, San Francisco, CA 94133.
What is the Registrant's telephone number, as listed in the filing?
The Registrant's telephone number, as listed in the filing, is (855) 435-5893.
Filing Stats: 744 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-01-30 16:13:04
Key Financial Figures
- $0.00001 — ange on which registered Common stock, $0.00001 par value REAL The Nasdaq Global Selec
Filing Documents
- real-20240129.htm (8-K) — 30KB
- 0001573221-24-000006.txt ( ) — 192KB
- real-20240129.xsd (EX-101.SCH) — 2KB
- real-20240129_def.xml (EX-101.DEF) — 15KB
- real-20240129_lab.xml (EX-101.LAB) — 29KB
- real-20240129_pre.xml (EX-101.PRE) — 16KB
- real-20240129_htm.xml (XML) — 5KB
02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers The RealReal, Inc. (the "Company") previously announced the departure of Robert Julian, Chief Financial Officer, effective January 31, 2024. On January 29, 2024, the Board of Directors (the "Board") of the Company appointed Todd Suko to serve as Interim Chief Financial Officer, effective February 1, 2024, while the Board continues its search for a permanent Chief Financial Officer. Mr. Suko currently serves as the Company's Chief Legal Officer and Secretary and will continue to serve in these capacities while serving as Interim Chief Financial Officer. Mr. Suko, age 57, joined the Company in May 2020 as Chief Legal Officer and Secretary. Previously, Mr. Suko served as Chief Legal Officer at OneMarket Limited (ASX:OMN) and its predecessor from November 2017 to May 2020, and also served as Chief Financial Officer from November 2018 to May 2020. Prior to joining OneMarket, Mr. Suko was at Harman International Industries, Inc. (NYSE:HAR) from September 2008 to June 2017, where he oversaw all legal affairs in his role as Executive Vice President and General Counsel. Mr. Suko previously served as Vice President, General Counsel and Secretary at United Agri Products, Inc. and UAP Holding Corp. (Nasdaq:UAPH) from February 2001 to August 2008, overseeing its environmental health and safety and transportation functions. Earlier, Mr. Suko was in private practice at McKenna & Cuneo, LLP from September 1996 to January 2001. Mr. Suko earned his undergraduate and law degrees from the University of Virginia. He also served as an aviator in the United States Navy and retired as a Commander in the Navy Reserve. There is no arrangement or understanding between Mr. Suko and any other person pursuant to which Mr. Suko has been appointed as Interim Chief Financial Officer, and there is no family relationship between Mr. Suko and any of the Company's directors or executive
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. The RealReal, Inc. Date: January 30, 2024 By: /s/ Todd Suko Todd Suko Interim Chief Financial Officer, Chief Legal Officer and Secretary