Rent the Runway falls short of Nasdaq's $15 million public float market value requirement
RENT•Nasdaq notified Rent the Runway on November 4, 2026, that it failed to meet the $15 million publicly held shares market-value requirement, giving the company until May 3, 2027, to regain compliance or face a delisting notice, subject to appeal.
1. Compliance deadline
Rent the Runway must have the market value of its publicly held shares close at or above $15 million for at least 10 consecutive business days to regain compliance. The notice has no immediate trading impact; its Class A common stock continues trading on the Nasdaq Global Market under “RENT.” A potential remedy is transferring its listing to the Nasdaq Capital Market, subject to Nasdaq approval.
