0001628280-23-024985.txt : 20230717 0001628280-23-024985.hdr.sgml : 20230717 20230717161220 ACCESSION NUMBER: 0001628280-23-024985 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20230711 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20230717 DATE AS OF CHANGE: 20230717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ThredUp Inc. CENTRAL INDEX KEY: 0001484778 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] IRS NUMBER: 264009181 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40249 FILM NUMBER: 231091736 BUSINESS ADDRESS: STREET 1: 969 BROADWAY STREET 2: SUITE 200 CITY: OAKLAND STATE: CA ZIP: 94607 BUSINESS PHONE: 415-402-5202 MAIL ADDRESS: STREET 1: 969 BROADWAY STREET 2: SUITE 200 CITY: OAKLAND STATE: CA ZIP: 94607 FORMER COMPANY: FORMER CONFORMED NAME: thredUP DATE OF NAME CHANGE: 20100222 8-K 1 tdup-20230711.htm 8-K tdup-20230711
0001484778false00014847782023-07-112023-07-11

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549



FORM 8-K


CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 11, 2023

ThredUp Inc.
(Exact name of registrant as specified in its charter)

Delaware 
001-40249
 26-4009181
(State or other jurisdiction
of incorporation)
 (Commission File Number) (I.R.S. Employer
Identification No.)

969 Broadway, Suite 200
Oakland, California
 94607
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (415) 402-5202
Not Applicable
(Former name or former address if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, par value $0.0001 per share
TDUPThe Nasdaq Stock Market LLC
Long-Term Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 2.02 Results of Operations and Financial Condition.

ThredUp Inc. (the “Company”) previously furnished the Company’s guidance for the quarter ended June 30, 2023 (the “Second Quarter Guidance”) to the Securities and Exchange Commission (the “SEC”) on May 9, 2023, included in Exhibit 99.2 to the Company’s Current Report on Form 8-K. As of the date of this Current Report, the Second Quarter Guidance remains unchanged. As previously announced on July 11, 2023, the Company expects to report results for the quarter ended June 30, 2023 on August 8, 2023 after the close of the U.S. markets.

The information in this Item 2.02 of this Current Report shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Departure of Certain Officer

On July 11, 2023, Anthony Marino informed the Company of his intention to resign as President of the Company. In order to facilitate a smooth transition of his responsibilities, Mr. Marino has agreed to remain employed by the Company in his capacity as President through December 31, 2023. Mr. Marino has indicated that his departure was not the result of any disagreement with management or the Board of Directors and the Company thanks him for his service.

Item 7.01 Regulation FD Disclosure.

The Company previously furnished the Company’s guidance for the full year ending December 31, 2023 (the “Full Year Guidance”) to the SEC on May 9, 2023, included in Exhibit 99.2 to the Company’s Current Report on Form 8-K. As of the date of this Current Report, the Full Year Guidance and Second Quarter Guidance (described in Item 2.02 of this Current Report) remain unchanged.

The information in this Item 7.01 of this Current Report shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.


2


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 hereunto duly authorized.

THREDUP INC.
  
Date: July 17, 2023By:/s/ Sean Sobers
  
Sean Sobers
  
Chief Financial Officer

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